Landing a job in NYC during COVID

I’ll caveat this post by saying i know i didn’t set myself up for the path of least resistance, but I didn’t know exactly what i wanted until recently. So just hear me out:

Trying everything I can to break into the NYC Finance scene to start out my career.

Ideally gunning for 1st yr IB, but I come from a non-target private school (3.9 undergrad, MSF in my 4th year). Targeting boutiques as they’re probably my best shot, but keeping all options on the table across the finance spectrum. Interned at a boutique HF and then AM at a large institution (tons of exposure to the dynamics of our sponsors’ deals). Ready to prove myself - just need to get in front of people.

Most places I’ve interviewed have since gone on hiring freezes (thx corona) and currently not getting great hit rates trying to network via LinkedIn/cold emails. Could move to NJ & bunk with a buddy after my (virtual) graduation to network and get my footing, but doubt anything will be open by then. Anyone going through something similar or have experiences/advice? thanks guys

 

I understand the desire to do that.

If those other jobs will get you good experience, you may want to consider starting there. It's easier than ever to switch jobs to a different city once you have marketable experience.

Depends on the quality of those opportunities, feel free to run it by us here on WSO if input would help.

 

Assumenda nihil mollitia exercitationem sint blanditiis quia. Veritatis dolor magni nostrum nobis quos. Sit consequatur ad quas neque velit error. Iusto error omnis optio cum minima excepturi dolor error. Eveniet quidem consequuntur est omnis recusandae quas molestiae est.

Id et et vero odio. Necessitatibus in et quo nulla quis. Voluptatibus dicta qui ut cupiditate.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
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
Jamoldo's picture
Jamoldo
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...”