FT Offer in Hand, but...

Hi, fellow monkeys.

I just wanted to seek some advice. I did a MO SA at a semi-BB last summer and have a FT offer in hand. I'm a senior at an NYC non-target, 3.8 GPA.

Recruiting season has been rough and despite talking to anyone and everyone and applying everywhere, I haven't been able to get interviews for IBD/F500/Corp. Fin. I have previous internship experiences in HF/AM. It's very late in the process, but what would you recommend I do now?

The scenarios I see:

1.) Take the MO FT offer and continue to network during FT (and get out as quickly as possible).
2.) Reject the MO FT offer, find an SA, kick ass, and pray I get a FT offer. Note: The likelihood of this is very low.

I realize I'm in a pretty dismal position, but I'm definitely glad I have a FT offer in hand (despite not in my ideal position). Any insight/advice is much appreciated. Thanks.

PS - I'm prolonging the MBA route as long as possible.

 

Continue to look until you have to decide on your offer, if no solid leads then take it. Network while working, consider taking the CFA if it fits into your goals, keep applying to openings you see. Also do your job well so you'll have someone on your side.

This to all my hatin' folks seeing me getting guac right now..
 

Take the offer, work hard, opportunities to lateral will come up sooner or later if you stay on it, and have a long term perspective. The only thing that will hold you back is a negative attitude and thinking this is the end of world (i.e. you're not in a dismal position ... you got an offer at a big bank).

I'm going to be starting my analyst stint this summer and I'm 2.5 years out of undergrad and I couldn't care less that I took the long route because I kept working at it and it all worked out.

 

Take the offer. You can always keep looking after that. But at least you will have a source of income + work experience, which can help you with whatever job you really want.

 

Thanks for the tips, fellow monkeys. SB'd to all.

I have mostly FO internship experience under my belt, but do I just downplay my impending MO position while looking around? I've read on here that it's not wise to leave a FT job quickly (red flag to industry people).

 

Wth is a semi-BB? You kids and your need to validate your choices by assumed prestige are absurd...

xoxo

[quote=Dirk Dirkenson]Shut up already. Your mindless, reflexive responses to any critical thought on this are tedious. You're also probably a woman, given the name and "xoxo" signoff, so maybe the lack of judgment is to be expected.[/quote]
 
Louboutins and Leverage:

Wth is a semi-BB? You kids and your need to validate your choices by assumed prestige are absurd...

xoxo

It's in the top 15 of league tables. Just wanted to shine more light and keep some anonymity.

pphi:

You got to school in NYC (regardless of whether its target or not), and have a solid GPA but still couldn't get an offer from neither a boutique nor F500???? You seriously need to find a new networking strategy. What you're doing is obviously not working.

Agreed to an extent. I'm getting quite a bit of references/resume pushing, but no interviews*.

 
Best Response
notaspammer:

Probably like WF or something? OP, one option to consider is to accept the offer, use the lower hours to network/interview prep, and apply for an MSF that starts in fall 2014. By then you'll be fully prepped for everything.

Doing an MSF when you have a decent job at a bank is a HUGE waste of money. Work your ass off, network, and make a name for yourself at your job. People talk, your network is huge. If you are the star of your trade support job you will have the ability to network into other areas of tha bank. MSF recruiting is a crap shoot and you could easily end up worse off than you are now and 60k in the hole.

You are in a pretty good position, OP. Take the offer and kill it. You will have options in the future if you do well and are likeable.

 

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