Thank you to everyone on WSO for giving me the tools and courage to pursue this huge career change. After 6 months of slowly decaying in a middle office role, I was finally able to land a FO Coverage role at a BB (think Deutsche/BMO/UBS). Here is my story:
I came from an extreme non-target with a horrible GPA (~2.5). I was a shithead in HS and most of college and partied almost everyday. During my junior year, I became really interested in challenging myself with a career in IB and other sophisticated financial services. So I busted my ass to land a bunch of internships in various fields of finance, but was still unable to close on any IB Analyst roles. During full-time recruiting, I snagged a backup MO offer at a multi-national IB on the West Coast.
Getting out of Middle Office Hell:
I was somewhat comfortable with it because I was able to negotiate an all in salary of ~80k, and thought I could try to lateral internally. However after the first couple weeks, I knew immediately that it would never happen and that I needed to GTFO of living hell. The combination of mind-numbing work and a clash with the MO culture was not the best place to be in. It definitely took a toll on me, led to depression and unfortunately went back to my old partying ways. Lost my girlfriend of a few years and fell into a deep spiral, but the hope of a better career/life kept me pushing on.
Interview for a Front Office role:
After months of networking and cold-calling, a dozen phone screens and two superdays with no offer, I started to get discouraged. However, I kept at it and kept finely tuning my resume and deal-experience. Then one day as I was looking through online job boards, I fired off a blind application online that turned into a superday. Due to my lack of FO experience, I was heavily grilled on technicals and behavior, but was able to successfully navigate it with ease because of the interview guides from WSO. In the end, I believe my understanding and passion for the business of banking really sold me as a candidate. As I was being walked out by an MD, he basically hinted at a verbal offer. Got the written today.
I credit my success to never giving up and being relentless. Being in the right place and the right time was crucial, as well as having an immaculate, well-formatted resume. Coming from a BO role with little FO experience, utilizing the WSO interview guide (http://www.wallstreetoasis.com/guide/investment-ba...) was crucial to giving me a basic outline on how to prepare for technicals. I'm happy to answer any questions, give out any advice to anyone else who is in my shoes, whether it be a life-draining BO job or a poor GPA.
Happy fucking new year everyone.
Mod note (Andy): Throwback Thursday - this was originally posted Jan 2017