2023 Grads… where to start your career in a recession

As the recession camp begins to grow, I'm wondering where folks who are about to graduate should look to start their careers. It seems like people I look up to in the industry, both big name Jon Gray, Sam Zell, Barry Sternlicht types as well as people I know personally through networking, have attributed a lot of success in their careers from what they learned during downturns.

While potentially graduating into a recession seems daunting, it seems like people coming into the industry at this time have a great learning opportunity ahead of them.

So I'm wondering, what is the best type analyst role to be in right now?
Lending, acquisitions, AM, brokerage? Big/small? Asset class focus?

Not necessarily looking for the safest option, rather the best learning opportunity at a firm that probably won't blow out.

Comments (16)

Most Helpful
Jun 30, 2022 - 1:31pm
CRE, what's your opinion? Comment below:

If shit gets bad, any job > no job. 

Commercial Real Estate Developer

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  • Intern in RE - Comm
Jun 30, 2022 - 2:13pm

Was thinking about working for the special servicing arm. Rialto and Starwood out of Florida have posted 2023 jobs

  • Associate 1 in RE - Comm
Jun 30, 2022 - 2:45pm

I won't weigh in on which vertical to start with. Personally, my advice would be to aim for the one that aligns with your long-term career goals.   Personally, I think bigger can sometimes be safer given the conditions but it's always a gamble.
 

Probably any debt role where you're doing workouts should be healthy given our trajectory for the next few months.

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Jun 30, 2022 - 7:22pm
lanatgatsan, what's your opinion? Comment below:

You think a loan screening role is a good role during this time?

Jun 30, 2022 - 6:34pm
Sham Wow, what's your opinion? Comment below:

Heard of this really big shop doing alot called Evergrande

Jul 5, 2022 - 5:36pm
Ozymandia, what's your opinion? Comment below:

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