Hi, I am an undergrad senior looking for fulltime I am greatly interested in equity research and I have realized that I have two very big problems. One I am an undergrad student and two, I am not fabulous, which makes it worse.
What I realized is that it is EXTREMELY hard to find an equity research role for undergrad student. 99% of the time, the jobs are looking for MBA, CFA with 1-3yrs of related job experience. Are there any of you who found the job as an undergraduate student?
To make it worse, I'm a mediocre student. I go to semi-target. My gpa is 3.3. I got a decent extra curricular activities. I have two internships in the financial industry. One research related job + more recent one in fixed income Asset Management. Overall, I am a mediocre student from a mediocre college. I am well aware that there is no way I can get through anywhere by online applications. I have been reaching out pretty hard, but it's difficult to find equity researchers to begin with. I have probably emailed more than 300, got response from 200, spoke to more than 60.
Whatever I want to do, I know that networking is my only chance with my background. But, equity research seems almost impossible when there isn't even a open position available to begin with!
Do you think I should give up and look for something else? IB should not be any easier, but at least there are IB positions accepting application from fresh undergraduate students. Help me...