30 Yr Old Looking for Resume Feedback, Have Been Applying For Various Roles With No Success

Hello,

I am in Toronto Canada and have been considering IB. Now before everyone jumps at me, I understand I am on the older side and would ideally have to do an MBA. However, Canada's IB space is not as rigid as it is in the US in terms of steps needed to break in - people from various backgrounds have been able to move into smaller boutiques, so it is not impossible.

I have been applying for several months and have not had much success in even getting an initial interview. The repeated lack of progress has made me consider abandoning my pursuit for IB, and as a result I have been broadening my search to other types of roles.

Any help would be greatly appreciated - whether it is general feedback or something more targeted towards IB. Thank you.

3 Comments
 

Based on the most helpful WSO content, here are some targeted suggestions to improve your resume and increase your chances of breaking into Investment Banking (IB) or other roles:

Resume Tips:

  1. Clean and Concise Format:

    • Ensure your resume is clean, concise, and efficient. Use a professional format that highlights your strengths and experiences clearly.
  2. Highlight Relevant Experience:

    • Emphasize any finance-related experience you have, even if it's not directly in IB. This could include roles in consulting, financial analysis, or any relevant projects.
  3. Quantify Achievements:

    • Use numbers to quantify your achievements. For example, "Increased sales by 20%" or "Managed a portfolio worth $5 million."
  4. Skills and Certifications:

    • Highlight any relevant skills and certifications, such as financial modeling, Excel proficiency, or any finance-related courses or certifications.
  5. Tailor Your Resume:

    • Customize your resume for each application. Highlight the skills and experiences that are most relevant to the specific role you are applying for.

Networking Tips:

  1. Develop Your Network:

    • Start connecting with mid-level commercial bankers or professionals in the IB space through LinkedIn. Networking can often open doors that a resume alone cannot.
  2. Recruiting Events:

    • Attend recruiting events and try to make meaningful connections with people in the industry. This can help you get your foot in the door.
  3. Leverage Your Age:

    • Use your age and experience as a signal of your life experience and maturity. Highlight how your diverse background can bring a unique perspective to the role.

Additional Advice:

  1. Consider an MBA:

    • While not always necessary, an MBA can help bridge the gap and make you a more attractive candidate for IB roles, especially if you can get into a top program.
  2. Broaden Your Search:

    • Since you are already broadening your search, consider roles in related fields such as corporate finance, private equity, or asset management. These roles can also provide valuable experience and potentially lead to opportunities in IB.
  3. Stay Persistent:

    • The job search can be tough, especially in competitive fields like IB. Stay persistent and keep refining your approach based on feedback and experiences.

Example Resume Sections:

  • Professional Experience:

    • Job Title, Company Name, Location, Dates
    • Key Responsibilities and Achievements (use bullet points and quantify where possible)
  • Education:

    • Degree, University Name, Graduation Year
    • Relevant coursework or projects
  • Skills:

    • List of relevant skills (e.g., financial modeling, Excel, data analysis)
  • Certifications:

    • Any relevant certifications (e.g., CFA, CPA)
  • Networking and Extracurriculars:

    • Any relevant networking groups or extracurricular activities that demonstrate your interest and involvement in finance.

By following these tips and continuously refining your resume and approach, you can improve your chances of breaking into IB or finding a suitable role in a related field. Good luck!

Sources: In my early 30s with no direction, 30yr old law grad with no traction and feeling hopeless, Please Advise: Never-Ending Job Hunt, 30 and a bit lost in career - Advice Appreciated, Resume and cover letter - a reviewers perspective

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Going to be completely honest with you to help you here it’s gonna be very very hard to break into IB in Canada. Those who break in with an MBA are an anecdotal. They may take one to two people from Rotman at CIBC for a summer associate program, but your odds are stacked against you. You’re going to have to re-recruit as an analyst after you do your MBA at 32 and with your work experience, I don’t know if you’ll like being a 33-year-old analyst. Not saying age is the issue I’ve seen it happen in Canada before but you may not like working as an analyst when you’ve gone through those years already.

I recommend doing it in the US . It’s much easier to break into IB there and they offer some associate programs which Canada doesn’t really have. If you can go that route, I would recommend that.

 

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