Graduated 3 months ago, can't get a job

unemployedguy's picture
Rank: Chimp | banana points 9

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Comments (21)

Best Response
Sep 6, 2017

There's just a ton of competition. You probably need to network more, everyone looks great on paper, meet with the MDs for coffee to show them how you're "outgoing and great at communicating ideas."

    • 2
Sep 7, 2017

Network, Network & Network.

    • 1
Sep 7, 2017

"Asian"
youre from a place too close to the cold, cruel communist north these nice white people scared youll merc em if shit goes south

heister:

Look at all these wannabe richies hating on an expensive salad.

    • 1
Sep 7, 2017

Grad school could be an option

    • 1
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Sep 7, 2017

How many jobs applied to, how many interviews?

When did you start applying - did you apply late?

What happened with the IB internship to hire you full time?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Sep 7, 2017

If your dad doesn't know anybody, you're screwed. If you have any heavyweight executive relatives in Chaebols that know big boys in the business world, sending your relatives a request to forward something might be ideal. This is assuming your relatvies in a chaebol are high up to the point where they know people that matter in American business.

The question is - is anyone in your family network a somebody in a chaebol.

Finance is sh!t tough for minorities to penetrate, actually forget minorities, for anybody that's really not a somebody. You realize how important networking is when you want to enter the finance industry in america haha.

Good luck, be strong. I was in your stage. Is your name ethic by the way ? Are you donggyu kim ? or are you Daniel Kim ? There is a heavy negative bias against ethnic names. You could even look freaking white - it wouldn't help. Anglo-Saxon names are trusted more.

Life would just be so easy if everybody that wanted to enter the finance industry had a Fortune 500 company CEO as a father or a relative that's Chairman of a F500 starts sobbing

D.I.

Sep 7, 2017
oligarch:

If your dad doesn't know anybody, you're screwed.

Give me a break. The guy has a good background. Most of people that get into finance have backgrounds like he does.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Sep 7, 2017

3 months is a long time for a UTAustin and econ grad.

Sep 7, 2017
papertiger:

3 months is a long time for a UTAustin and econ grad.

It is.

So either we don't know something, or dude put in effort getting grades and not enough effort in applying to jobs.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Sep 7, 2017

Put your resume up on the resume forum and get some feedback on it.

Try to work with a recruiter or temp agency.

Also buy a mock interview (under Services at the top of the page) and get some feedback on your interviewing skills.

Keep your chin up, at least you are getting interviews.

Sep 7, 2017

I went to UT Dallas. If you want me to be honest, Texas is a horrible place to be , any of the UTs are if you're serious about finance. Except for energy investment banking in Houston, and maybe oil trading - which gets applications from world over. UT alums don't stand a chance .

All the light weight stuff, that's within reach though, like financial analyst, FP&A, treasury, back office stuff.

If you're applying to something like Goldman Sachs equity research, or oil trading, or Blackstone, or KKR, or any of that high flying stuff, forget it.

Sep 17, 2017

I'd have to disagree here, I just got back from a summer in Houston, and move there full time in January. I can't even begin to tell you how many A&M and UT guys I met. One of my bosses actually went to UTD.

UT and A&M are both targets in Texas, you're way off base here man.

Sep 17, 2017

Outside of energy banking is what I think he meant.

Sep 7, 2017

Outside of Texas I meant.

Try sending a job application to Blackstone. At places like Blackstone, there's the Ivy League resume pile, and then there's "everybody else".

Sep 17, 2017

Ahh, thanks for the clarification. I honestly wouldn't know about outside of Texas. I know UTA is, at least from what I've seen on here, sometimes considered a semi-target nationally.

I think inside Texas you/he could probably get to some of the shops you mentioned from UT. We worked with KKR a few times this summer and two of the younger guys, 28-30ish, were actually from UT.

Sep 6, 2017

Thanks everybody for the feedback. I'll keep this in mind as I continue my search. I've been networking a lot more than I used to, and it has definitely helped. Also, I understand that minorities are highly underrepresented in front office roles, but hopefully I come across interviewers who can see past that. Even though it may not work out, at least I can say I tried. Again, thanks everybody. I appreciate you all taking the time to comment.

Sep 17, 2017

Asians are not underrepresented in FO roles

Network harder. Send 10 LinkedIn messages each day. 4 phone calls per day minimum. You will have an offer in 2 weeks tops.

Sep 7, 2017
unemployedguy:

Thanks everybody for the feedback. I'll keep this in mind as I continue my search. I've been networking a lot more than I used to, and it has definitely helped. Also, I understand that minorities are highly underrepresented in front office roles, but hopefully I come across interviewers who can see past that. Even though it may not work out, at least I can say I tried. Again, thanks everybody. I appreciate you all taking the time to comment.

There is something off in your equation for the job search with those stats. I'm not sure what it is because it seems we are lacking information, but good luck.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Sep 7, 2017

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Sep 18, 2017