I Honestly Don't Know Which Direction to Go... Help?

So I'll be honest... I do not know which direction to go after I graduate in May.

I am a Finance and Econ major, and I am very interested in the markets and investing in general, but I do not know what the best direction should be.

If you were starting your career in May, what area in finance/investing would you go into?

 

This isn't really a buyers market for job seekers, so "going into" something is easier said than done. Also, what other people would do is (or should be) completely irrelevant to your decision.

People demand freedom of speech as a compensation for freedom of thought which they seldom use.
 

I know it doesnt matter what others have done.. I am just wondering what people see as the best starting positions related to investing/finance/the markets.

I have worked for a broker at the CBOE, and I have a lot of experience working for funds here at my university.

Basically I would love to do a rotational program that gets me experience at a lot of different places within a bank so I can figure out what I like the most.

 

I understand where you are coming from OP. I feel that it's important to just pick something that interests you and try to get your foot in the door. I spent a lot of time during my senior year being indecisive, not knowing what I wanted to do. I was very hesitant to reach out to certain people in the industry because I wasn't sure if I wanted that career path. I felt that it was more important to figure out what I wanted to do before I started to network. I feel that this might be the situation you are in and it can be dangerous. I ended up not having a job offer after I graduate because I was paralyzed by indecision.

 
Best Response
Raytheplumber:

I understand where you are coming from OP. I feel that it's important to just pick something that interests you and try to get your foot in the door. I spent a lot of time during my senior year being indecisive, not knowing what I wanted to do. I was very hesitant to reach out to certain people in the industry because I wasn't sure if I wanted that career path. I felt that it was more important to figure out what I wanted to do before I started to network. I feel that this might be the situation you are in and it can be dangerous. I ended up not having a job offer after I graduate because I was paralyzed by indecision.

exactly... I just feel indecisive. I fell like once I am in the right direction at least, then I will know what I want to do. Thats why I am wondering if anyone has any suggestions on what area in the industry would be a good place to start.

 

I wasn't joking.

I just don't understand how a finance and Econ double major who is "very interested in the markets and investing" doesn't know what he wants to do. It tells me one of two things: 1) you are clueless and you actually have no idea what "the markets" are except for your $1,000 Etrade account, or 2) you don't belong in finance and should go for something you might actually enjoy doing.

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.
 

Okay, so I am interested in Investment Banking, specifically an industry group role so I have the opportunity to work on all kinds of transactions. However I just feel like I dont have much of a chance getting a job in this since I come from a non target school, and I do not have many connections in this area.

 

OP, pls do not come across like this if you score any interviews. You should be researching specific product groups & roles within banking, buy side, real estate, whatever & more importantly, MEETING people who work in these areas of interest. Only your gut feel & the feedback you get from meeting these people face-to-face will really help you in your decision making process. Also, beggars can't be choosers - the environment is better than last year, but you can't be choosy in the offers which come your way. Growing pains my man...

All the world's indeed a stage, And we are merely players, Performers and portrayers, Each another's audience, Outside the gilded cage - Limelight (1981)
 

Unde distinctio error exercitationem officia repudiandae explicabo ipsa excepturi. Minima eveniet voluptates alias id. Aut veniam consectetur adipisci.

Mollitia dignissimos quod qui repellendus aut sed. Beatae quis a et.

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

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...”