Graduating, now what?

I am having an absolute disaster trying to find any kind of job coming from non target with 3.5 gpa, I even applied for masters and just got in and I’m afraid it’ll probably be the same next year when I graduate.

I barely even get interviews for entry levels, all I see are mid levels applying for the entry level positions. Really contemplating on the reason why I even chose this route at this point and whether MS now will be worth my time and money spent.

I’ve tried it all these past 6 months and last week I got an opportunity to talk to a CFO of a major company and been communicating to my schools alumni’s from all over the place as well.

I’m at the point to just F it and secure some other field job and work my way from there. This field really suck, but i absolutely love it for some reason.

 

It sounds like you don't know where you want to be. Do you want to do the masters - or do you want to work right now? If you want to work right now you should basically be applying all day and chasing leads down. If you want to do the masters, maybe seek out another internship this summer to pad the resume. 

"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
 

I am trying to get any finance related job at this point whether it is corporate, banking, investment (that definitely out).

I chose masters because I really had no choice and last thing I want is to sit applying all day every day like I do already and not having anything else to do. Sadly I know people that graduated last year, heck even fall of 2019 and still searching, this is not the position I want to put myself in.

I’m just frustrated with this whole process at this point, I have a very entrepreneurial mindset and skills on top of 4 internships I’ve held throughout years with one in IB and I have created businesses with latest one being finance related which has been booming in the past year. As messed up as this sounds, but I’m running a scenario of creating my own capital/ trading firm at this point and have developers ready, but what a route that will be and how long it’ll take.

Just over those “unfortunately we’ve decided to move forward with other candidate” messages. I’m also blaming it on covid as I haven’t been able to network as I was able to junior year in person, now everyone fading away.

Sorry just trying to let it all out

 
Most Helpful

I've been through this, man. During my junior year of college I realized how much work it takes to get good job in finance and became fanatically obsessed with landing a great position fresh out of undergrad. I spent the last year-and-a-half of college pretty separated from my friends. I gave up on going out and spent more time networking and filling out applications than I did on my actual classes. I easily applied to well over 200 positions. All the big banks, all the elite boutiques, many regional boutiques in many different cities... All to get well over 200 emails reading, "we've decided not to go forward with your application." I had internships in commercial banking and equity research and my GPA was a 3.8 as an Econ major at a semi-target school. 

My biggest fear was to graduate from college without a job offer and have to go back to living with my parents. I applied to IB roles, ER roles, S&T roles, advisory positions at the big 4, lots of FP&A roles, valuation roles... and I couldn't even get an interview.

But after all those hours and all that work.. I got a job offer by asking the freshman pledge in my fraternity to get me a job (as a joke) and one actually did. One pledge's dad was the CFO of a private equity firm and took me out to lunch at a Ritz Carlton. 2 hours and way too many beers later he told me he'll have someone reach out to me. A week later I interviewed for his firm, got an offer to do an internship for 8 weeks until I finished my undergrad, and I just recently got put on a full-time salary.

Yeah I put in all those hours of filling out applications and networking, but sometimes you just need to get lucky with one person. Keep reaching out to everyone you know. In my case, a position was created for me, rather than me applying for a position. Morale of the story----take advantage of pledges.

 

It all does come down to one person. I was striking out last summer recruiting for SA21. Probably called at least 50 alumni networking, but didn't make it to many superdays. Then in the fall I called an MD at a boutique who went to my school. Had a great conversation and crushed the interviews, ended up with an offer in the 9th inning. Really important to keep up the effort even after it seems like it might be too late. 

 

you had a 3.8 from a semi with 2 finance internships and you got no bites ? do you wish you networked harder? Insane you didn't get anything from traditional means

 

I was extremely surprised how hard it was to land anything. I thought my resume was pretty strong and I networked every day. It was very discouraging to get so many rejections when I believed I was a strong candidate. But when you're being compared to thousands of other candidates that look the same as you, it's much more difficult to get interviews. Then when I finally did get interviews, I did very well and knew my technicals, but when comparing two candidates who look the same, a company will usually choose whoever adds to their diversity, so as a white male I dont help them in that regard. 

 

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