Investment Banking Analyst for science major -> too late to apply at this point?
As stated in the forum title, I'm a science and economics major student (US/Canada) currently living in Canada. I'm graduating at the end of April, and I'm freaking out as I have no job offers yet. My GPA is 3.8, and my standardized tests (LSAT, MCAT, DAT, PAT) are 95+% (I was not sure what I wanted to do at first so took many standardized tests, but in the end, I decided to get a job in finance after graduation). I have research experiences in medical field. Few weeks ago, I had an interview at a Canadian financial institution for a job interview, but my interviewer told me to take a summer internship program at a medicine/pharma-related investment company and then apply for the financial institution's rotation program in August.
Since then, I have been regularly keeping in touch with my interviewer and also applied to the life science investment firms that my interviewer recommended. But I have not heard back from anyone yet and I realized that the job competition is at least 1000 times more competitive than I had expected. My apartment lease is finished at the end of April, and I'm afraid that I will end up being homeless and jobless. I am keep applying for jobs in consulting and finance, but at this point I am not sure what else I can do.
I have been sending out my CV via email for the past several months, but from what I read here, it sounds like cold-emailing is not very helpful. Should I not bother sending out my CV or is it better than nothing? Also, is it still possible to get an entry-level analyst position at investment bank or consulting firms at this point?
Any help or advice would be appreciated!!
Thank you so much
in the worst case, pursue a science career. 3.8 sounds really good, so obviously you are a smart person who can go to grad school in science. considering all the occupy wall street stuff and the waves of regulation and strong competition, I doubt finance will ever be as lucrative as it used to be before the crisis. I'm interested in finance myself, but maybe a down-to-earth science career is more sensible. and after all, science jobs pay very handsomely as well. job security is great.
also, you can always transfer. I interned once in sell-side equity research and many of the analysts had previous industry experience. so one year spending working in science wont kill your resume. on the contrary, for some positions it might even be useful.
best of luck!!
You are confused as hell man. Figure out what you really want to do. You are all over the place and just shotgunning. It's clear to see your only motive is a "prestigious" or "high-paying" job. Ultimately you aren't going to be happy if you don't do a little self reflection.
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