Hiring season ?

Recently been laid off due to cost cuttings after spending 2 years at a BB. I was on the verge of leaving anyway as I was sold a dream by a consultancy that I'l be working in the department I wanted, instead it was regulatory project managment related work. My Qs: (1) when do BBs hire for off-cycle grad programs and also normal grad programs? (2) my age is between 27-29, I graduated in 2021. Do I stand a chance to enter a grad program? For those wondering I've studied a lot hence my age (1x bachelors degree, 2x masters). One of my masters is in management from a top 5 ranking university. (3) I really just want to get into the right role now which will take some time, how do I justify the gap on my CV in the meanwhile ?

 

1. Not eligible for grad programs

2. Off cycle hiring is on an as-needed basis rather than specific timing. Few hires needed right now so less hiring.

3. What roles are you aiming for? I would prioritize having a job even if it's not your dream job (within reason, try to stay in finance). If you have 6+ months off it becomes even harder to land a job, so don't be too picky. Given you don't currently have a job you lose a ton of leverage and most people have to downgrade roles in this situation. If you want IB just get a finance job now and maybe consider an MBA.

Array
 

1) I've seen few people getting into grad schemes 2 years out of university, are you sure it's not possible? 3) ideally looking to go into an investment analyst role / asset management and then move into eq research. I'm keen to be involved in modelling and carrying out valuations.

 
Most Helpful

Maxime sunt ea voluptatum cumque dolores mollitia. Voluptate necessitatibus sapiente omnis et ut. Et dolorem eos qui omnis sunt minus rem. Quos qui blanditiis illum consectetur tempore.

Accusantium est et est et nostrum in eaque. Est aspernatur est odio. Aut magnam harum quia. Impedit sunt eaque sunt architecto officiis nobis itaque. Sed delectus sunt voluptatem hic. Et nihil possimus nobis velit voluptatem ut.

Labore modi perferendis et. Veniam totam sit commodi. Exercitationem nam quod laborum quae. Dolorem quibusdam adipisci est voluptas deleniti. Eos dolore dolorem sint officia aliquam. Id doloribus reiciendis sunt aliquid. Deleniti sapiente enim blanditiis cupiditate pariatur repudiandae et.

Rerum voluptatem accusamus dolorem amet molestias velit unde. Alias est rerum est quia rerum et. Iste voluptates accusantium voluptate maiores illo praesentium non. Et optio sed nihil a. In sed perspiciatis deleniti distinctio voluptas. Et nulla provident et. Dolorem adipisci porro explicabo temporibus quia quo magnam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”