I fucked up - Senior at non-target
Hey everyone,
So I am a senior at a nontarget, (but one that has successful alumni - think NYU level). I had an internship in IB at a BB last summer and I fucked it up.
I don't regret it (at least not anymore) as I don't think I was quite ready for it. I do great at school (3.9 GPA) and I work hard outside of class in extra-curriculars, and in job applications. But there's something about actual 90 hour a week IB work experience that I just wasn't ready to pull off - stress got to me and my performance suffered.
I do not have an offer, nor do I have anyone from the internship I can ask to be my reference.
I will be at my school next year. This summer I am interning in IT consulting (think Accenture/IBM).
I've learned and am learning a lot since my IB internship. I've heard that IT consulting is shitty and want to network my way into an MBB full-time position.
Any suggestions? How do I spin the IT consulting experience, and what should I look for in the IT consulting experience? How do I protect from questions from the IB experience and offers?
Your help is much appreciated!
Thanks!
Wait..so you have a 3.9 GPA, go to a school with successful alumni, had a IBD BB internship, and have an internship this summer? It might not seem like the best situation, but it could be far worse. I'd say theres nothing wrong with an Accenture internship when trying to go for MBB FT. Just practice a shit ton for case interviews and network...
you should be ok
say you tried finance, didnt like it, tried IT consulting, but thought IT was boring and wanted to do strategy
You're a perfectionist. It's not as bad as you think. You're obviously quite intelligent and you'll be ok in the long run. Ninety hour weeks are a bitch man. Plenty of finance jobs that will pay very well and and you won't have to work your whole life away. When I think I've fucked a thing up, I always try to make myself take a step back, take deep breaths, and realize that it's all going to work out. It definitely will for you, because your perfectionism lends to your work ethic. Hang in there sir, you got this.
you should work in operations.
Relax bro, you're good. Both internships are solid and if you network hard you should be able to secure a very solid finance position.
Okay thanks for the support everyone!
As far as my story goes, I've done two finance internships (I did one before my IB BB internship). So I think I need to explain how my switch to consulting is a consequence of my experience in the IB internship? My resume sort of jumps out as finance and is just starting to gain consulting experience, so I'm just looking for a good way to make sure that doesn't raise too many questions.
And then I'm an engineering major (computer work) so when I talk about my IT consulting experience, would it be wise for me to say something along the lines of I did this internship because it's what my major is, but I'm actually interested in strategy?
What worries me is how much I'm jumping around. It'd be easy for interviewers to say "Well you didn't like banking and you don't like IT consulting, so what's to say you'll like strategy?" Does that make sense?
I think you're fine. You have a very high GPA in a tough major.
You're not supposed to know exactly what you want to do in college, which is why you do different things to test what you really like (some people on WSO would have you think differently).
As far as strategy goes, I can't comment too much on how their recruiting works since I'm not in consulting but I can say this - If I was hiring for a FT position I would be more impressed with a kid with a diverse and challenging background over a kid who is a finance geek. Just my .02.
The fact that you have a diverse set of experiences is a plus in my book not a minus. You should work on your story but don't let the diversity of your experiences be a negative thing, tell it like you're proud you did different shit and how those experiences can add value to the firm.
It's all about SWAG.
1) Try not to focus on the fact that you did not like IB, IT consulting, or the reasons why. No interviewer in any job will want to hear how you didn't like other stuff. Plus you will have a higher burden of proof then for why you want to do strategy. Instead, focus solely on why you want to do strategy and what you like about it. Make sure you've done your homework.
2) You said you weren't ready for the 90 hour work week or the stress. You'll never mention this in the interviews, but I would make absolutelyeffingsure you have gotten past this. While consultants typically don't put in banker hours, we work quite a bit (plan on 65-85) and things can get stressful. If you haven't gotten over this and you are seen as someone who can't handle the stress or the hours, you're sunk here too.
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