Finding New Jobs

Hey guys- trying to find my next move in my job career. Ended up with a Developer and it really just isn't anything I expected. Lots of sitting around and doing nothing. No training, modeling or anything. Looking to learn more and take on way more responsibility. So I am curious where you guys are looking for jobs, etc

  1. I have been networking hard - applying for jobs online while following up with poster and messaging them. This has been okay, probably a 10-20% rate. I have gotten some interviews off just random applications but that isn't seeming to be my best bet.

  2. I don't have a big alumni group in the RE sector so can't use that to my benefit.

  3. I have looked on select leaders, LinkedIn, Indeed. I have noticed that SL is the only site with relevant jobs. The search platform for LinkedIn and Indeed is very poor and always pulls random jobs that don't even pertain to me. Are there really that little of jobs out there?

At the end of the day I am looking to get into another Development Analyst position, Acquisitions Analyst, or PE/IB position in RE in NYC. I have a pretty good resume and good grades from college.

Please let me know what I can do to get some more interaction/ or if anyone has someone I could even talk to. That would be greatly appreciated. Thanks chimps.

Comments (66)

 
Feb 14, 2018 - 10:47am

How big is your firm? Is there an opportunity internally to be exposed to more?

If you are "sitting around and doing nothing", why not tell your boss that you have some bandwidth and ask if you can shadow him in some meetings.

 
Feb 14, 2018 - 11:12am

Ask your boss to help out on anything he needs help with. Even if it's adminitrative stuff. There's a ton involved in Development. There has to be something you can help with.

Does you're firm have a live shared folder? Go in and just find shit to review. That is what I do when I am bored.

 
Feb 14, 2018 - 11:26am

Thanks for the responses guys. I have done both. I usually ask couple times a week what I can help on. Have even reached out to our finance guys and still never received anything. Talked to someone high up and made it clear that I was here to learn and nothing has seemed to change.

It is a decent sized firm, but more of a family office, so not much to move. They kind of have one of everyone and people have been here for 10+ years. One of the youngest guys in the office for sure.

 
Feb 14, 2018 - 11:34am

What response do you get? Do they simply shrug you off or say something like they'll send you something to work on and never do?

If you're not learning and the firm isn't taking an initiative either to further your career development than yeah I would definitely ramp up the job search.

 
Feb 14, 2018 - 11:41am

Most of the time when I ask for work I get the "Ya let me get some stuff together" Now that's great I get 3 things to work on lets say, but those three things are making an excel model averaging costs for these jobs etc, or plotting site plans, or simply just very very very basic things. I have had multiple RE internships and finance internships and know my skills can be much more useful. When speaking to higher up people, I got the response that I would be put on way more projects - this has not happened and I assume won't.

Now with that being said I have been looking hard and that's where I am trying to figure out what's best. Will a company wonder why I only spent 6-7 months somewhere or not care? Also how can I find more opportunities, network etc. Like I mentioned, my alumni network is brutal and I have had opportunities in certain areas but at the end of the day have a specific job role I'd like to be at.

 
Feb 14, 2018 - 6:03pm

NYYCRE:

If you're not learning and the firm isn't taking an initiative either to further your career development than yeah I would definitely ramp up the job search.

I agree with this too. It doesn't seem like you're getting much out of it at all, but I don't know how easy it'll be to jump ship with only 6-7 months experience at this firm. I don't know how strong your excel/modeling skills are but you could invest in some of the BIWS/REFM courses if you haven't already done so. Working on that can help pass time and bring you closer to one year and strengthen your resume. What was your experience with your prior internships? Did you get any return offers, or was it not quite what you were interested in?
Array
 
Feb 14, 2018 - 5:53pm

I'm in a nearly identical situation except I'm learning at my job (lending) and have 8-9 months of experience. I'm just ready to move on to acquisitions and want to be in NYC. Any advice on how to make this happen is appreciated, especially since my alumni base in nyc is so small

Array

 
Feb 15, 2018 - 8:17am

I had almost the exact same experience at my first job. My two big suggestions aren't earth-shattering but they're really important: 1) build every single type of model you have access to on the shared server from scratch. Figure out what drives returns, how sensitive cash flow is to various inputs, and think about what you could add to the model (either in terms of outputs or functionality) to make it better. Do this constantly because it will help you develop the internal calculator that lets you do quick mental math to see if a deal passes the smell taste. 2) Read. Read every Warren Buffett letter, read Sam Zell's biography, read everything related to real estate and investment that you can find. The point being not to be able to regurgitate a bunch of Munger quotes, but rather to create your own point of view. You won't develop as an investor until you figure out what type of investor you are.

Lana? Lannaa???? LANA!!!!!!!!!?!?!?!

See my WSO Blog | See my WSO interview

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Feb 15, 2018 - 2:57pm

Why on earth are you catching MS for this. SB'ing for solidarity.

Array

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Mar 23, 2018 - 9:07am

Hey guys- months have gone by and I am kinda in the same position. To give more detail, I have worked for a smaller PE RE firm for a few summers interning- based out of Chicago. I have worked an equity research internship at an IB in NYC. I am currently working for a developer and I am just still having very little luck in the job search. Was wondering if anyone had any leads they could potentially help me with or guide me towards. I am open to just chatting and getting advice. I have spoken with some alumni but it doesn't really go anywhere. I am young and eager to continue the learning curve but feel as if I am at a dead end position. If someone was interested in helping I would appreciate that- would welcome PMs.

I am at the point where I just need a shot (like many others) but I know I just need to get my foot in the door and start cranking away.

Thanks for all the help and advice guys!

 
Mar 23, 2018 - 11:57am

Like I said earlier I'm in the same spot as you. Historical internship path is even similar. I've been fortunate to land some interviews at blue chip companies (but not in nyc) and there's a few things I learned after I fell short in the final rounds.

Even though you don't like your job or your company etc., you have to learn to put a super positive spin on your job. You have to pretend like it's been an incredible learning experience, but it's not the right fit because you want to be in acquisitions/PE/whatever your story is. So you need to actively seek out learning experiences, examples of when you added value, or any story that proves you'll be a valuable addition to the team. You'll get to an interview for your dream job and be unprepared if you don't have these ready. I'm not saying this has to be financial modeling related; it can be anything that is related to the responsibilities of an acquisition analyst. You might have to get really scrappy with this.

Also, how long have you been there? I think it's a few months less than me (9-10 months)? When people see you applying at the 6 month mark they're going to assume you haven't had a great learning experience. In that case, why would they hire someone who has only 6 months of work experience and on top of that didn't learn much in that time? The year mark is a more realistic goal, so just reach out to people to talk and don't even mention you're looking to leave immediately. Then when the year mark rolls around you'll be ready to make the ask with your contacts. The one exception to this is if you're looking for IB jobs, in which case it doesn't matter cause you're changing careers.

Finally, you need to maintain a good relationship with your superiors. When you're looking for that third job, the potential employer is going to call your first boss and ask him what you were like. An alum once told me that if you don't exit gracefully it will come back to bite you in the ass.

Update the thread if you start having any luck. For now I'm coasting and trying to learn as much as possible while I wait for the right job in nyc

One last thing I just remembered. When you're networking, make it a more long term game. Don't just email someone, talk to them for 30 minutes and ask them for a referral for an interview. Follow up with them a couple times over the course of several months before you ask any favors. They have to get to know you first before they help out. This is a very different strategy from what I've read about interviewing for IB jobs, but I think it's more fitting for the real estate world

Array

 
Mar 23, 2018 - 2:12pm

I don't mean to come off as a jackass, but having read the thread, here are my two cents.

You may be at your current firm in part to learn, but that isn't why they want you there. They want you there to work. And in my experience, being a PM or analyst or whatever your title is at a development shop isn't just about executing on what your given. It's about proactively adding value across the process. You seem to be focusing on the financial side; why not try jumping into the construction and pre-con side as well? Go to the sites, get your hands in the dirt - you'll be adding some value by keeping an eye on things while also learning. Go to industry meetings whenever possible, network all the time - real estate is as much about who you know as what you know. Once you're in a position to start sourcing deals, or even potential deals, your higher ups will start valuing you more highly.

The further on in your career you get, the less likely it is that you'll get a positive response to saying "I want to learn". Lead with what you have learned. And if you're doing nothing at your current job, it gives you time to explore the nooks and crannies of the business. Honestly, once you know how to underwrite a deal & build a model, there isn't much more to learn there. And there are a LOT more people who can do that, versus folks who can underwrite a deal, but also do a decent physical inspection walkthrough prior to buying, or who can project manage the construction process effectively enough to keep a GC honest.

 
  • Prospect in Other
Jul 8, 2020 - 10:42pm

What was your position? Curious because it seems a lot of people on WSO have development as the goal, but I just read a few stories where people are saying it's boring, there's not a lot of work to do.

Curious if you could give more information on the position, would you say that's going to be the same experience as someone who jumps from another role after undergrad? Any background on the company you were at? I'm assuming they aren't doing a lot of projects or they weren't very active...

 
Jul 9, 2020 - 10:46am

Prospect in Other:
What was your position? Curious because it seems a lot of people on WSO have development as the goal, but I just read a few stories where people are saying it's boring, there's not a lot of work to do.

Just in case you don't get an answer to a post from 2 years ago, I wanted to address two of your comments.

First, I don't think most people in the RE forum are in development, I just think that a lot of the more prolific or knowledgeable posters happen to be. It skews it a little.

Second, development is a lot of things, but I can't imagine it being boring.

Commercial Real Estate Developer

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Mar 23, 2018 - 2:08pm

On the job hunt right now as well.

I had a good amount of leads from Nov-Jan but since then absolutely nothing. Not even seeing much out there. Thought by end Feb/begin March there would be more openings with people leaving after bonuses are paid out.

We just gotta keep grinding!

 
Apr 3, 2018 - 11:39am

I wonder if we're seeing the combined effects of higher interest rates, lower REIT stock prices, and nearing the top of the CRE market. Two years ago we were doing tons of deals (I work for a REIT developer) and now we sit on our asses and do shit. When there aren't a lot of deals to do and the company isn't growing, people don't get promoted out of their analyst/associate spots (fuck me) and new people aren't hired.

 
Apr 3, 2018 - 11:40am

How do you guys stay sane when searching for new job? (Originally Posted: 11/09/2016)

when you are miserable at your current one?

man, I can't think of anything more frustrating (besides maybe not having a job) then looking for a new one when you absolutely hate you're current one. Such a drawn out process between interviews. Taking days off, constantly checking phone, stepping outside to take calls, etc

 
Best Response
Apr 3, 2018 - 11:42am

keep your chin up

grass is greener

put your head down and work hard

network network network

keep at it

other generic phrases...

now that I've lost your attention, here's some real advice. before I got to my current firm, I had the same issue, was at a miserable job at Wells. it would've been easy to give up, to question if your #1 choice was ever going to come through, and then go on a completely different path. it's easy to wonder "maybe I'll be stuck here forever," "maybe this is the best I can get," or something else negative. here's what helped me:

  1. have a plan. if you've been networking and have done all your info interviews, interview practice, career coaching, headhunter interviews, etc., don't deviate. if your plan needs work, enlist help. a goal without a plan is a wish.

  2. put in the work to get the plan done. treat getting a job like your job. did you make all your networking calls? have you been keeping your research on employers organized? have you been practicing your interview questions? hold yourself accountable in whatever way works for you, but don't just expect good things to happen because you send out resumes.

  3. distract yourself. when I was looking for work, after a long day I'd find any excuse to distract myself. if you're not constantly checking your phone but instead having fun with friends or doing something you enjoy, you're looser. if you're loose, you come off better on the phone/in person, perhaps improving your chances when interviews do eventually come.

  4. have a sounding board. you need to have friends, family, SOs that you can just call/meet and blow off steam with. I'm never a fan of complaining, but at the same time you need a release. if it's frustration with the job process, at your current job, whatever, just don't bottle it up forever. have someone you trust that you can talk to. and remember this is a two way street, so be sure you listen to their issues as well.

finally, once you're on the other side, that time period will not seem as long as it feels right now.

 
Apr 3, 2018 - 11:43am

Thanks for the post.

Yeah, I'm doing my networking calls. Talking tot lots of guys in the RE industry. It's tough to meet them in person however as I am an hour out of NYC which is where I want to be. I have a 2nd round phone interview scheduled next week. Hoping that leads to in person.

It's just frustrating. Such a long process until actually getting hired anywhere. If my luck goes well, I'm still looking at probably not a new job till the new year. Just trying to think positive because I'm so stressed right now.

 
Apr 3, 2018 - 11:45am

I can certainly attest to this. I think im going insane. Maybe largely has more to do with fact that holidays are coming up and no new start dates for any job would likely be before New Years, so I have basically come to conclusion I am stuck until mid January.

 
Apr 3, 2018 - 11:46am

I had to quit my last job because I was going insane. Absolute mind numbing BO work (same EXACT thing everyday) that was coming out 60 hours a week with a commute and shitty pay. Been a couple months unemployed but I have been getting some quality interviews. No regrets so far as I was actually becoming insane/depressed.

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Apr 3, 2018 - 11:47am

Man, I can attest to this, as a person who got fired twice. Below is what I did:

  1. Never send an email on Friday (especially Friday afternoon)- Chances are.. the person on the other side will not reply until Monday, and you will go crazy during the weekend. Most of all, your email will get buried among other shit that comes to that person over the weekend and may not even get read. To maximize the email exchange count during a week, please send your email on Monday and no later than Wednesday.

  2. Send your email on 10 am - This is to avoid your email getting buried. People have come to work and read emails by 10 am. Last thing you want is not getting a reply and feeling antsy about whether your email is even read.

  3. Keep track of your outgoing email - Maintain a list. If you don't hear back from some companies, cross them out. But replace it by sending emails to more firms.

But you will get pissed and discouraged along the way. I have had so many final round interviews and thought about what to say in my 2-week notice and shit. And then I don't get the offer and feel goddamn shitty about 6 weeks I wasted.

But man, getting a new job is like getting a gf - when you really try hard, it doesn't come. When you kinda let it go and approach rather nonchalant, the offer comes, and you really don't know how to feel.

 
Apr 3, 2018 - 11:49am

Yeah , I usually send cold emails Tuesday mornings and have had pretty good returns. Lots of guys respond initially then never answer again. I'll usually wait 1.5-2 weeks then email them again. If no answer I just move on to next guy at firm.

My commute get hit 1.5 hrs with traffic and I do the same BS BO stuff everyday. My one year is up in December which is when I can try and switch internally but literally not thing else peaks my interest. I got have a 2nd round phone interview which was scheduled for the 18th. A freakin 1.5 week away. I guess maybe hiring manager is traveling. I'm just trying to keep my chin up. I usually just vent to my GF every morning when I get in to work lol

 
Apr 3, 2018 - 11:54am

let me clarify something, what I say you need a sounding board, you do NOT need to complain every day. if you feel the need to do that, I'd challenge that your job is really that bad and say that you're probably just unhappy on the inside and need the attention from someone else.

don't vent on a daily basis, it lessens how much people take you seriously.

 
Apr 3, 2018 - 11:48am

I'm in a similar situation. I don't hate my job, just bored at work and I know I should be doing / learning more and making more money. I have just been casually looking at job postings for a couple of months trying to get a feel for what's out there.

Then last week I came across what seems to be a perfect fit. This new position word give me exposure to a wider array of job duties, more responsibility and it's $15,000 more per year than I'm making now!!! Luckily I had my resume updated and ready to go and could pull the trigger quickly. I had 2 phone interviews last week and am now waiting for a in person interview to be scheduled.

So, keep chugging along. Put the work in and it will eventually pay off for you!!!

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Apr 3, 2018 - 11:50am

Enlighten me oh the mighty US citizen, how come it's a problem to get a job in US? there are tons of firms hiring, a boatload of vacancies, unemployment is at historically low levels, salaries in finance are one of the highest across the industry spectrum. Still everyone is btchng how tough it's to get a job. Srsly?

You killed the Greece spread goes up, spread goes down, from Wall Street they all play like a freak, Goldman Sachs 'o beat.
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Apr 3, 2018 - 11:52am

Don't be naive.

It's not easy to get a job in specialized industries like finance, real estate, engineering, computer science, etc. Jobs are everywhere in the sense of getting your 35K selling office supplies type job (not putting down salesmen) just sayin.

 
Apr 3, 2018 - 12:00pm

yankss101:

Don't be naive.

It's not easy to get a job in specialized industries like finance, real estate, engineering, computer science, etc. Jobs are everywhere in the sense of getting your 35K selling office supplies type job (not putting down salesmen) just sayin.

I can validate the engineering part. We burned through 55 resumes a week (after initial filter) and call about 20 for the initial phone screening, only to call 1-2 for in-person interviews (tech/logic side). Of the 10 in-person interviews, many had Masters. We hired only 1.

Generally speaking, we get about 200-500 per job posting. Not a cake walk.

 
Apr 3, 2018 - 11:57am

You sound like my former colleague from Switzerland, coming to our office in a fur coat with LuiV handbag talking about how life is tough in Zurich. I'm mean I'm not from US, that is why I'm asking (duh), I just visit the local firms websites occasionally, there is always a lot of opened positions, campus recruiting (we don't even have it in my country), diversity programs etc. So I would assume it's the competitions that the majority cannot withstand not the lack of openings.

You killed the Greece spread goes up, spread goes down, from Wall Street they all play like a freak, Goldman Sachs 'o beat.
 
Apr 3, 2018 - 12:01pm

Dude, if you don't live here, then STFU.

Use your logic. High salaries in finance = more demand by applicants = more qualified candidates = more competitions

People working in finance deserve to get paid a lot (yes, I said it) given the amount of hours they work and amount of stress involved. Do you think regular people would work during the Thanksgiving dinner? Hell no, they would tell to their boss to fuck off. In finance, you vent for a while, but suck it up and do it.

You know why? Unlike people on the street protesting about the election results, some value accountability and responsibility.

And unemployment is at historically low levels, you say? Yes, it's a low wage job that led to a stagnant wage growth up until a few months ago. Also, participation is low. Unless you are a lame duck Obama supporter, you don't believe that shit. If you are truly in "Asset Management" as your profile says you do, you shouldn't believe in that shit.

 
Apr 3, 2018 - 11:56am

Indeed. I've learned over the life of my career that - Good time's don't last forever, albeit neither does the bad. It's amazing how things can change from a year to another, and when it's time to go, it's time to go.
The important thing is, to quote Drizzy
"But get it while you here boy
Cause all that hype don't feel the same next year boy"

 
Apr 3, 2018 - 11:58am

Can someone give me an example of a cold email?

Mine is basically a quick cut-out of the body in my cover letter. I always include a cover letter and CV. Typically do you include both? and length of e-mail ?

Thanks.

 
Apr 3, 2018 - 11:59am

A cold email with a cover letter and CV? What type of cold e-mail is this, networking?

Tons of advice on forums. Another way to do it, if you find that copy & pasting your cover letter doesn't work, is doing a little research on the person and telling them why you are reaching out.

**How is my grammar? Drop me a note with any errors you see!**
 
Apr 3, 2018 - 12:02pm

Just keep grinding it out and try to look on the positive side. I just had a final round interview for my dream job and now I'm playing the waiting game (refreshing gmail every 10 minutes). It sucks but there is no way around it unless you know the hiring manager or someone at a higher level in the firm.

 
Apr 3, 2018 - 12:03pm

Hopefully job market picks up here now. I can't even get interviews being from as non-target as possible and not knowing anyone in NY (just moved across country). Just graduated w/ math&finance degrees, 3.95 GPA+, already CFA L3 candidate and can't even get interviews for entry level gigs in Research/AM/Banking anything... Also have 6 month @ a BB on my resume, but ya know one of those struggling euro BBs that basically have no front office job openings below director level.

Basically network or die. Don't take my route of trying to be smarter or more technically savvy than others. It doesn't mean shit if you can't get interviews.

 
Apr 3, 2018 - 12:06pm

Need Help Finding New Job (Originally Posted: 12/06/2008)

Good morning,

I work at a hedge fund and we just went through a round of layoffs and salary reductions. I am still employed, albeit at a salary that is less than 50% of my original salary. The point being, I need to find a new job.

I am a May 2008 undergrad graduate and I used my school's career services department to get all prior internships and my current full-time position.

Does anybody have a list of the legit headhunters? Any recommendations for job searching? As they say, the new Ferrari and Rolex is health insurance and a desk...so all is not lost, but I would like to find a new job.

Thanks in advance.

 
Apr 3, 2018 - 12:08pm

Speed bumps and winding roads: perspectives on the job search (Originally Posted: 11/18/2017)

I'm an associate at an MF, working in technology private equity. If you looked at my career, it would look like everything went according to plan - Ivy League grad, banking at a BB (around a year), then an EB (another year), then MF PE. But it certainly didn't feel that way most of the time.

I was rejected from every single college I applied to out of high school except for my local safety school. I'm still bitter about that - decision day was the worst day of my life. I refused to drink or party my freshman year in college, I focused on getting a 4.0 and preparing to transfer. I received one acceptance and a new batch of rejection emails.

I got my BB IBD summer analyst offer at my last banking superday, almost a month after everybody else had already wrapped up recruiting, having been rejected from every single banking opportunity beforehand (I was already planning to take a second-tier ER offer). It was the only IBD offer I received (mid-tier BB, product group). After my summer, I recruited FT only for buyside jobs (Asset Management, private equity, hedge funds) and received zero offers. I joined the BB I summered at and was placed into the same product group, even though I really wanted coverage.

Within six months I realized I was miserable, but I stuck it out as I figured I'd try my hand at on-cycle PE recruiting. Received a few interviews but struck out on every single one. Zero offers (to be fair, I was underprepared and overworked during recruiting season). Pivoted to focus on lateral opportunities, ended up receiving an offer with an EB in M&A and took it.

I was relatively happy at my EB, but I wanted to go to the buyside so I continued recruiting for PE. Struck out on every MM PE and HF opportunity until headhunters essentially stopped reaching out (or were very sporadic). I responded to basically every single recruiting email. Finally received an email about a tech PE opportunity at an MF with an immediate start, the interview was relatively easy and I landed the offer. That's where I am now.

The point is: Life is long and hard, and things don't always go according to plan. I wanted to get into a great college out of high school, I wanted a better BB offer out of undergrad, I wanted to get an on-cycle PE associate gig, and none of that stuff worked out for me. I remember looking at friends from college who were getting all of those things, and hating myself for not having what I wanted, asking myself why I was inferior, why I was such a fucking disappointment. A lot of it ended up just being dumb luck. I know that this sounds like an entitled shitpost, but there were so many times when I just really, really wanted myself to take a step back and continue down the path of least resistance - not transferring and going into public accounting, just staying in banking for my career, etc.

I am where I am because I just kept applying. I figured, "why the hell not." And you should too. At a bad school? Transfer. At a shitty job? Figure out how to get out. Have a goal? Plot the steps and follow them.

Life isn't fair. The only way to fail is to stop trying. Pretty much everyone who gets into banking out of undergrad is capable of being a good associate somewhere, whether that's at a top PE or HF or VC or whatever, so why can't that person be you? And this isn't supposed to be motivational or anything, I just wanted to say that if you don't get into a target school, that doesn't mean it's the end. if you don't get your dream SA offer, that doesn't mean it's the end. If you don't get your dream FT analyst offer, that doesn't mean it's the end. The end is when you say "fuck it," give up and settle down for some 40 hour/week dead end job and decide that's what you deserve. Only you can decide whether or not you take the easy way out.

I'll leave you with a depressing anecdote. In college I worked part-time for a counseling center helping people who were going through emotional crises. A lot of the people who came in would talk about how they gave up on their dreams, how they felt like they were in a rut, like they were just drifting through life, like they would die forgotten and insignificant, never having reached their potential. Most of them are right, and a lot of them will abuse drugs, jump off of buildings, abuse their kids or their wives or husbands, and just generally be sad people living sad lives.

Giving up is easy, sacrifice is hard, and a lot of people don't realize that it's better to be asking "what am I doing with my life" now than to ask "what have I done with my life" a few decades down the line.

 
Apr 3, 2018 - 12:09pm

Hi StateofNature, any of these topics helpful:

  • Join fund that is winding down? energy correlated- so optionality here depending on what the Saudis and Russians end up doing. Really ... could go either way here. About 30% bump in base on my current role. Would you or would you not? to ... May or may not be able to raise a new fund. The work for the next 3 or so years will be working with ...
  • Boutique IB vs. PIMCO (BDS) vs. L/S Equity Hedge Fund- SA banking. So, the only criteria I have been using to help me decide are: 1- Possibility of a return offer. ... 2- Badass resumeness You haven't heard of the boutique, they have decent deal flow, been around ... enough so they bumped me to BDS which would kinda be cool except RFP's can't be that exciting. ...
  • More suggestions...

If we're lucky, the following users may have something to say: SpecialSitsDude Keepman iceman1019

I hope those threads give you a bit more insight.

 
Apr 3, 2018 - 12:10pm

"The end is when you say "fuck it," give up and settle down for some 40 hour/week dead end job and decide that's what you deserve. Only you can decide whether or not you take the easy way out"

This needs to be said more often. Thanks for posting this! :)

 
Apr 3, 2018 - 12:13pm

Well this is true that for getting noticed by recruiters you should have strong CV and resume which defines you and will help you to job. There are many samples of resume and Cv are available on internet you can go through it and can make your CV or Resume. I have found Best Tips For Providing Impressive Cover Letters and also 6 Tips For Improving Your Resume Writing Skills which willsurely help you to build perfect resume to get noticed.

 
Apr 3, 2018 - 12:14pm

To create a better CV you need to follow a step by step career advice to start it well. Here is what basically a standard CV must have:

Personal information: It is quite essential to include the full name, email address, contact number and address on CV. Also, ensure that they are mentioned on top of the CV.

A statement about yourself: This gives you a scope to tell about yourself and get the attention of the reader. Use this to show your achievements and share your career aspirations too. The trick is that you need to customize the statement to the job description or role.

Work Experience: While writing about the work history, include experiences relevant to the job at hand. Your CV must show you as the best candidate of the lot. If you have less or no experience, think about skills that might help you in the role.

Education: Mention earlier education and educational institutions with a year of attendance and also write about achievements or grades.

Skills & Qualifications: Write about qualifications from either work experience or education which are related to the role.

Interests & Hobbies: Though not necessary, but if you are a fresher and you have less to mention about the experience, you need to write about your hobby and interests too.

References: It is suggested not to include name and contact of references on CV. Always ask permission from a referee before passing on the details to an employer....read more

http://careerfunda.info/
 
Apr 3, 2018 - 12:15pm

Typical length of finance job search? (Originally Posted: 07/07/2010)

So I'm the typical story, recent grad with no finance experience networking his ass off. I figured there's been enough people in this position for us to come up with some descriptive stats, if only anecdotally.

I was having this discussion with an alumnus with whom I spoke on the phone. He was telling me about a buddy of his that finished UG with no offers and moved out to NYC, where he spent 8 months pounding pavement until he got an offer from a F500 company in their finance department.

I spoke to another alumnus who also had nothing during UG but landed an offer the day of graduation (!). As soon as she found out she booked an epic vacation.

What would you say is the modal length for a job search in finance for UGs? This doesn't include people getting offers from OCR or getting called back from internships or anything like that. Just pure networking and hustling.

Also as a side question, what would you say is the #1 factor for shortening this length? I.e. what improve efficiency the most?

 
Apr 3, 2018 - 12:16pm

It is a war of attrition dude. If you network hard and pound the pavement you should have something sooner or later. It takes a while when dealing with large companies because of all the HR hurdles they have. Keep working at it and something will break.

 
Apr 3, 2018 - 12:17pm

I agree. I began looking in the fall of my senior year (graduation May 2009) and become full time employed at a bank in Chicago in April...2010. It came through networking and pounding the pavement as well (interning for free and bartending at night for awhile). I still have a few friends that are searching but all they do is lie around all day and send out resumes online (one doesn't even have a part time job). That will not work. Try a staffing agency or start calling/emailing more people to with whom to network, it's the only way to get a decent job that is not purely sales.

 
Apr 3, 2018 - 12:18pm

Word of caution about staffing agencies:

They should only be a SMALL part of your total search effort. I worked with five staffing agencies and only got two solid interviews out of the lot...after i found a job myself.

Just make sure you understand a recent grad gets paid less and their pay for placing you will be less than someone at a higher level. They'll only get around to you when they've got nothing more important to do so enjoy the bottom of the totem pole.

This was awhile ago when things were even shittier and still declining but I actually had to bring opportunities to their attention at some companies they supposedly had good relations with. Pretty pathetic.

 
Apr 3, 2018 - 12:19pm

Man, I was born a few years too early or too late. Every internhsip/job search of mine has been during low hiring periods. Typical wait/search period: 2 months. Remember, all you need is ONE "Yes".

 
Apr 3, 2018 - 12:21pm

After my extensive search (I was picky) the best piece of advice I would have for shortening the length of time needed is be confident. Interviewers see 1000x sweaty, neurotic, and/or nervous kids every day, the ones that act the part tend to get the part. If you look back at some similar threads on this topic someone recommended to ask the following when given your turn to ask questions:

"do you have any concerns about my skill set and ability to perform this job and if so is there anything I can clarify now?"

Every single time I've asked this question I've either:

Not been able to fully address a concern of theirs (bad prep on my part)
Moved on to the next round or gotten an offer within 48 hours

Good luck in your search.

 
Apr 3, 2018 - 12:22pm

In for advice...

I started looking for a job around January 2009 and graduated in May 2009. I started working part time (the same job I had in high school) and kept searching until I eventually took a job in November. The job is a dead end job in a field that has nothing to do with finance, and sometimes I feel I may have been better off saying no and kept searching.

Now I'm trying to figure out how to get my way into finance before I waste too much time here.

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