How hard is it to get a job as a grad school droput?

I'm currently in an Econ PhD program and the work is really tough. I would only dropout if I lost funding (which only happens if my GPA falls below a 3.0). My question is, how hard is it to find work if you dropout of a PhD program? Does it look really bad to employers, or is it not a huge deal? I'm not talking about getting the ultra-competitive jobs, like i-banking at top notch firms in NYC. Rather, I'm talking about finding work in a regional market (city size approximately 500,000), in either asset management, corporate finance, private equity, or i-banking (all these sound intriguing, so I'd take what I can get). In case it helps answer the question, I have an undergrad degree from a top 50 US University, where I majored in Econ and minored in Math with a 3.7 GPA.

 

How many years have you finished? If you're close to your quals then at least get the ABD. If it's just been 1-2 years and your heart isn't in it anymore (which it sounds like) then do recruitment or apply to another program like an MFE. I think you can explain that the econ program wasn't a good fit.

 
jonx8262:
How many years have you finished? If you're close to your quals then at least get the ABD. If it's just been 1-2 years and your heart isn't in it anymore (which it sounds like) then do recruitment or apply to another program like an MFE. I think you can explain that the econ program wasn't a good fit.

I'm in my first quarter. If you do well enough on the quals, you get a masters (which I hope to do, since that way I won't be leaving empty handed, and it's easier to explain/justify). I'm just wondering how bad it would look to employers if I can't make it that far?

 

Easy if you're good looking, not so good if you're a fatty. Joke - Seriously, there are so many factors that go into getting a job. Do you think Steve Jobs would have a problem getting a job even though he didn't finish college?

This sounds like a "I have a 3.7 GPA from Ivy league school, 800GMAT, am native american - what are my chances of getting into HBS".

 

With a econ undergrad, a grad degree shouldn't be that difficult. Since you already anticipate getting bad grades chances are you'll eventually get them and drop out. I'd recommend you cut your losses now and get a job at a research or economic consulting firm (think Charles River Associates).

 

Aperiam in modi aut eius consequatur est. Qui unde eos ipsam corrupti ut ea qui. Cum voluptate occaecati omnis atque alias non rem perferendis.

Aliquam ut harum consequuntur dolorem aut fugiat. Qui consequuntur et ipsa dolorum. Porro magni voluptates facilis voluptas illo porro. Ipsum neque quod officiis quas consequatur officiis.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”