Getting a better IBD job AFTER starting FT
What's the protocol on looking for jobs quickly AFTER you are hired FT? I've been working for a boutique firm in NY for a couple of months which is seriously lacking in the work experience I'm looking for. Namely:
-I work VERY low hours. I'm often the last person to leave the office at 7:30pm. This is utterly unacceptable as I'm in my early 20's and want to work my ass off while I have the energy (just graduated from target this year).
-Almost 50% of the work I do as an Analyst is dubiously associated with banking. Since the firm does other things than just banking, and they pool IBD Analyst labor into those other functions as well.
My strategy would be to network with older people at other BBs on the weekends (or perhaps during the week if I had the time) to ask for "career advice" given my situation (mostly alums from my target school). I would then follow up to ask them if they were hiring, or knew of others who were hiring.
Does it sound doable given the risk or is it too ridiculous since I've only been working at this job for a little over a month?
Not really sure, but I would stick it out unless you plan on leaving this position off your resume for good. Reach out to your network and just keep a realtionship with people at other places because something will open up.
Just curious, what other type of work are you doing and how is your salary in comparison to the street and what kind of work have you been doing? A lot of analyst work (all I know is internship level) is random data bankers need and shit like that. I've interned in tech IBD and I have spent countless hours looking up unique visitors on websited and page views for comps. Do you know if analysts from this boutique have previously had exit opps. Because if it has some name recognition and I mean its not just some chop shop I would stick it out for a year and use your free time to network and build up your contacts, I mean you are in NYC and you should be in a pretty good position a year from now to lateral.
Best of Luck.
This is a very NEW place and the exit opp's I've seen so far aren't that great in terms of MBA programs or better places. Staying there for even a year makes me anxious.
What do you mean "reach out to your network and keep a relationship with other people"? What's the best way to do this given my position of possibly wanting to move up to a BB or equivalent as quickly as possible w/o seeming obnoxious?
Don't be afraid, guy. You just need to let the other BBs/top boutiques that you mean BUSINESS. That means cold-calling them until they talk to you, and even finding their home number if need be. AGGRESSION. You're in a bad spot but it's not insurmountable. All it takes is some elbow greese. TENACITY. Also can you print off some of the models you've worked on at your current firm? Take those with you to help show the BB dudes the kind of work you're doing. FEELERS. Also become friends with as many people on linkedin as possible. The greater the number your connections on linkedin, the greater are your chances of attracting someone to your cause.
Good luck.
I mean if you went to a target school, you should have people to reach out to. Just call them up have coffee and discuss your situation and tell them you want to be more challenged etc. but spin your work you have been doing at this job. Good luck.
Mind sharing the salary/firm in a PM? If it's decent pay (in general, not by banking standards), being able to go home at 7/7:30 every day that sounds like something I'd really be interested in for next year.
So spin the work I'm doing as being impressive as possible while at the same time saying I want to be challenged more, etc? Is it too early to start this as of 1 month at my job or should I wait another month or so to not sound so naive?
I would wait a little longer. Many employers will want to be sure that you have enough time to make your decision.
Voluptates voluptatem nihil itaque et exercitationem quis dolores. Qui ut quos maxime tenetur odit. Odio esse molestiae est voluptates et harum dolorum. Aliquam corporis quos id officiis. Debitis et tempore eligendi tempore sit fugiat. Vitae qui nesciunt et rerum est alias dolorem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...