No IB offers for the summer...what now?

I'm a sophomore at a USNWR Top 20 school majoring in math and economics. With a pretty low GPA, I haven't had much luck with getting any summer internships at middle market/boutique investment banks.

The best offer on the table right now is doing research at a Big Oil company...I don't know what I'll get out of it, but I guess it's better than nothing and the name would at least look good on my resume. Not sure what my next steps should be. Should I take the offer now, or scramble trying to look for something more investment/finance related?

 

If you don't get responses, it's probably because most of us got our internships and aren't looking. But positions are still out there!

Think outside the box. Look past the BB. If their "careers" page has a phone number, call it today. And tomorrow. Email them.

Interns fall through on their commitments and then firms need a replacement. You want to be that intern. You will be that intern.

Worst case scenario: Remember that you're a sophomore, so nobody expects you to have a finance internship. You'll learn something from any job you take, no matter how shitty. Even McDonald's will harden you, and recruiters want that. I worked in a 4-star restaurant as a host/greeter. It was shit, frankly a bit of a "girl job", but I came out of it talking about how I learned to represent the company to thousands of people in a day with minimal fatigue. That helped me secure an S&T internship junior year.

Also consider helping your department profs with research over the summer if it's available. Just think outside the box is the tl;dr.

"A modest man, with much to be modest about"
 

Would have upvoted you if it were not for your profile name. Great advice.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."
 

You're a sophomore - just get some good experience in any field and keep on networking. Plenty of people land SA gigs at BB's without having sophomore banking experience. You'll just need to focus on how to explain why your experience led you to want to get into banking.

 

Consider the following options depending on your financial constraints and if you don't get any other offer before the deadline for this one: 1. Do the summer internship in the oil company, express your interest in Corp Fin./ Corp Dev. and do a fall internship in their Corp Fin or Corp Dev Department. 2. Potentially do a fall IB or corporate finance internship or a big 4 winter internship. 3. Become a part of several investment and finance organizations at your school and network extensively with alumni.

If nothing works, you could possibly delay your graduation. Do a summer MM internship next summer and the internship at your most preferred bank after your fourth year. (But, that's a last resort, try all of the above first)

 

If you are interested in doing O&G banking/PE after school then research for a major or big independent would be a pretty cool experience and you'd be able to understand the entire O&G value chain/macro perspective much better than your peers. It looks like from your past posts that you worked at a VC as well, you should be to spin that and this into a pretty solid story as to your ability (from the VC) and interest (research internship) in O&G.

 

I guess go in with the intention of starting in Energy IB. Frame your pitch around your resume. You built a general foundation in the Oil markets by working (insert company here), then pitch your skill set and how it puts you ahead in IB. Just my 2 cents. Wouldn't hurt to get your GPA up before the next recruiting season either.

 

take spot at big oil company, look through their employee database and see who there has ties to IB firms. Get experience and money from research this summer and look for possible on campus or local internships for fall to further build resume before using connections for following summer. Best of luck

 

Big Oil companies have fantastic S&T desks. I'd kill to be at BP in Houston! Those dudes came here wearing comfy polyester polos and straight up said they work next to a dude who's really good at knowing weather patterns & trading based off that. He just bought a McLaren. (Plus no income tax. Can you imagine?)

Bottom line: You're an intern in an overpopulated but lucrative industry, not a BSD in the making. You're owed nothing. Remember that. Be humble. Know thyself.

"A modest man, with much to be modest about"
 

I've probably said this on other threads, but some advice from my college guidance counselor freshman year - this is what you should target in terms of internships:

Post-freshman year summer: Any job Post-sophomore year: Something in your broad field (e.g. finance-related) Post-junior year: The internship you want (e.g. IBD) Post-senior year: Full-time offer you want

I think that's a fair baseline, although you will encounter kids who have previous IB experience competing against you for junior year IB spots. In general, however, most major banks don't offer or offer limited positions for sophomores. I really wouldn't worry if you can't get IB this summer, but take the offer that you think will best position you for ib interviews next year.

That being said, in terms of the timeline, there are still probably internships out there. Small boutiques frequently don't have structured internship recruiting programs or the bandwidth to recruit and push it off. In addition, with fewer deals and inconsistent revenue, a small firm may not have the funds to hire an intern for most of the school year and then will suddenly be able to in late spring. It's a crap shoot, but definitely a possibility. I somehow managed to land an internship my junior year during finals week. If your current offer doesn't explode any time soon, you could definitely still push and then accept that opportunity if you don't find anything else.

Make Idaho a Semi-Target Again 2016 Not an alumnus of Idaho
 

Ha, yeah bro, you're from Idaho aka Geed City, USA. Let me rephrase this post so a top tier frat god can actually relate...

Freshman Year: Get a bid to a top tier frat Sophomore Year: Have a dozen slam pieces, and twice as many good lawyers on call (consent is Not Frat) Junior Year: Continue banging freshman girls, they'll think you're really old and wise Senior Year: Take a few intro accounting courses Fifth Year Senior: Pass intermediate microeconomics this time around and then hit one of your rich frat boys' parents up to hand you a god tier job running your own business.

 

Keep on looking. What else could anyone tell you other than that? You're certainly not the only one in your position, so don't be discouraged. Given your background, I think you need to have an answer to why you are looking for a job at an investment bank or a consulting firm. You need to have a clear goal -- why would you even bother with investment banking if you have had successes in several ventures?

 

keep working on your "ventures" and start networking with everyone so you'll be in a good place come full time recruiting.

I would suggest you start networking immediately. Although internships start in June/July, people take vacations, come back, have to deal with the economy, etc. and won't be ready to start talking to people til late August to mid-september.


The world has changed. And we must change with it.

------------ I'm making it up as I go along.
 

Try looking at some other industries. While finance jobs are WAY down (71% fewer openings for seniors graduating in 2009), there are other industries such as government that are still hiring. Some job for the summer is better than no job at all - look for a job in another industry that might have some skills that are applicable/ transferable. This article can give you a better idea of where you might want to look - http://gottamentor.com/viewMyLink.aspx?l=211

Good luck!

 

Spoon-fed little target aren't you? Ever had to network a day in your life?

  1. Hop on Computer
  2. Look up banks
  3. Find Employees
  4. Send email
  5. Sit on Daddy's lap and ask if you did a good job
  6. Repeat
Let me hear you say, this shit is bananas, B-A-N-A-N-A-S!
 

Network your arse off. MMs still have positions open, and many boutiques will not even offer formal internships, but if you call and be persistent you can create one for yourself.

If you strike out with that, look to get a job in corporate finance with one of the Big 4, or perhaps an internship with a F100/F500 company with a Corporate Development/Corporate Finance group. I struck out with LEH, UBS, GS, among others junior year, worked in CorpDev at a F500, and ended up getting 5 full-time offers.

All is not lost if you fail to get an SA offer. There are plenty of kids who work in BBs who never did any i-banking before they got their FT offer.

 

Network your arse off. MMs still have positions open, and many boutiques will not even offer formal internships, but if you call and be persistent you can create one for yourself.

If you strike out with that, look to get a job in corporate finance with one of the Big 4, or perhaps an internship with a F100/F500 company with a Corporate Development/Corporate Finance group. I struck out with LEH, UBS, GS, among others junior year, worked in CorpDev at a F500, and ended up getting 5 full-time offers.

All is not lost if you fail to get an SA offer. There are plenty of kids who work in BBs who never did any i-banking before they got their FT offer.

 

Yeah right... and kiss your career in banking good-bye till after B-School. The guys in the a tough spot and probabaly doesn't appreciate the humor.

Use your on-campus recruiting to find all the MM and boutiques you can get a hold of. Find out where people who currently have offers might have gotten boutique experience in the past and use them as a reference to get in contact with a recruiter. Search for every little bank you can find... leave no stone unturned. Worst case scenario, offer to work for free. If you don't get at least a boutique, you're current prospects at banking are pretty much finished.

Then in the fall, take part in FT recruiting and hope for the best. Make sure by the time summer comes you know the technicals COLD. Keep reviewing them on a weekly or bi-weekly basis so they stay fresh in your head. When recruiting season comes, spend a good day thoroughly going through everything. There's only so much tech banks ask and if you're familiar enough, you'll run circles around pretty much all the questions. Spend the majority of your summer PRACTICING your interviewing. When it comes to final rounds, tech is just a threshold, it all comes down to FIT. You get good with fit/interviewing through practice... simple as that.

If you want to break in the industry, stay persistent. Don't let any naysayers try to steer you into other career choices. If you really want this, you'll be satisfied with nothing less. Think about how good it'll feel when you finally do get it.

Other than that, good luck and don't freak out when recruiting season comes around. That can possibly happen when you're that prepared... just don't let it get to your head.

Best of luck.

 

Besides these...have you tried other banks such as JPM, Wachovia, Deutsche? Check out the Vault top 50 banking employers...apply to ones you haven't applied...

Other ones that I would go for: Duff & Phelps and Deloitte Corporate Finance

Besides investment banking...ever thought about consulting??

 

As mentioned above, take a hard look at the MM and boutiques. If that fails, you can try consulting or give PWM, S&T and other areas a shot. Just do something this summer thats somewhat related to banking if thats the end goal. I have seen kids get into banking with unrelated experience but that who knows what FT recruiting will be like given the current environment.

 

There are other banks out there, they're just not as prestigious. Getting a banking job even at a MM or boutique will give you a HUGE boost when applying for FT positions, because almost anyone with "Investment Banking Analyst" on their resume will get interviews.

Otherwise, any finance or business experience you can get will be a plus... consulting, PWM, S&T, anything really, even some ops role related to finance.

Many MMs will continue recruiting throughout the year so you still have a shot. I would definitely focus on banks as your first priority here.

 

Vanderbilt (semi-target T20), Junior: CumGPA 3.1, EconMaj 3.3, FinanceMin 3.7. 2 wealth management internships with wachovia, 1 last summer back home (fort worth, tx) and 1 last semester here in nashville, tn.

I know that my low gpa is what kept me from getting interviews at BB IBD but thought the internships would help me, at least with Wachovia. Now I am looking for MM and boutiques but I realize some may be just as hard as BB. Any ideas of ones I stand a chance in? I would be willing to travel to any major city in the US (NYC, SF, CLT, DAL, HOU, CHI, ATL, BOS, etc)

Also, I thought consulting was just as hard as BB IBD; but I don't know alot about consulting, the only one that recruits here is Bain since Bill Bain was a vandy grad.

Since not too many MM or boutiques recruit here, I have no idea what their recruiting schedule is like. Does anyone have any experience with SA or internships with them? Would it be worth it cold calling/emailing a ton of them, i.e. is it too late?

Im sure if worse comes to worse I could stay here over the summer and go back to my wealth management internship with Wachovia. Any thoughts?

Thanks!

 

The most important thing is to get some good experience this summer that you can put your resume that will aid you in your FT recruitment process. Whether is MM/botique IB, consulting, or any other finance related work experience that you can use.

 

I've noticed that this seems to be common for myself and other quant applicants. We get all the first rounds but are discriminated against during interviews. Banks seem to have preference for jock/wasp types. Really frustrating.

 
CraftyDragoon:
I've noticed that this seems to be common for myself and other quant applicants. We get all the first rounds but are discriminated against during interviews. Banks seem to have preference for jock/wasp types. Really frustrating.

Blaming everyone else for your mishaps will not take you very far in life. Figure out how to better yourself as an applicant and quit the whining.

 

physicx - you definitely seem to have the stats/qualifications to land you initial interviews. I'm sure you look amazing on paper. Without a doubt, you must be very smart. What do you think held you back during the interviews?

 

This really is crazy how the market is really effecting everyone this much. Im starting to see people being rejected that a year ago were a shoe in for atleast 1 offer. I wonder if the market has just become super saturated in terms of total applicants. For people to get rejected with these qualifications that must mean that IBD & S&T have both really balooned in popularity in recent years. Is anyone else picking up on this relationship. People that 5 years ago would have taken a F500 job are now really interested in IBD & S&T its almost like the 1980s and bond trading all over again.

Just my random rants about the psychological underpinnings associated with the current job market.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
 

slickmac, how can you only get one interview when you did a BB ibanking internship as a sophomore? I find this really hard to believe, I dont care how bad the market is right now. Are you just applying online?

 
iwibank:
Everyone keeps throwing out the terms MM and boutiques. Can someone actually give us a prospective list of some MM and boutiques IBs that can be contacted?

here is a thread that is stickied at the top of the iBanking Bullpen Forum that has boutiques from various regions:

http://www.wallstreetoasis.com/forums/regional-boutiques

hope that helps.

 

To be completely honest, I don't think it's the market at all. I really think it's the caliber of candidates that visits WSO. There is an adverse selection effect going on, where only people completely unknowledgable come and post seeking (and, for whatever reason, giving) advice on an internet message board. People who know a bit about recruiting don't visit the site. Thus, all these posts complaining about the market provide a very 1-sided view on the subject.

Flame me all you want, but I'm going to put this out there: -I've had over 10 people send me their resume for review, and I've found all 10 to commit the most elementary mistakes that equate an auto-ding... not just elementary, but elementary AND also unmissable (i.e. 70% of the page is white space. Several of these people were Ivy students w/ 3.5+ -At my superdays, almost all of the other candidates had multiple prospects (either many other superdays, or offers already in hand). How can these people be so successful in such a difficult market? -I personally have not had much difficulty with SA recruiting (FT was a different story), and I am, by far, not the most qualified candidate on this board (mid-range GPA, non-target, no blue-chip brand names on my resume). I am probably better informed on what qualities banks seek than many other people (based on having gone through the process multiple times) and I am able to demonstrate a strong candidacy in interviews. Nonetheless, my stats are definitely weaker than many posters who are constantly getting rejected.

The people who actually seem to "know the game" seem to be doing okay. As I recall, Ranger has many offers in hand... and I don't think he's the only one.

 
b:
To be completely honest, I don't think it's the market at all. I really think it's the caliber of candidates that visits WSO. There is an adverse selection effect going on, where only people completely unknowledgable come and post seeking (and, for whatever reason, giving) advice on an internet message board. People who know a bit about recruiting don't visit the site. Thus, all these posts complaining about the market provide a very 1-sided view on the subject.

Flame me all you want, but I'm going to put this out there: -I've had over 10 people send me their resume for review, and I've found all 10 to commit the most elementary mistakes that equate an auto-ding... not just elementary, but elementary AND also unmissable (i.e. 70% of the page is white space. Several of these people were Ivy students w/ 3.5+ -At my superdays, almost all of the other candidates had multiple prospects (either many other superdays, or offers already in hand). How can these people be so successful in such a difficult market? -I personally have not had much difficulty with SA recruiting (FT was a different story), and I am, by far, not the most qualified candidate on this board (mid-range GPA, non-target, no blue-chip brand names on my resume). I am probably better informed on what qualities banks seek than many other people (based on having gone through the process multiple times) and I am able to demonstrate a strong candidacy in interviews. Nonetheless, my stats are definitely weaker than many posters who are constantly getting rejected.

The people who actually seem to "know the game" seem to be doing okay. As I recall, Ranger has many offers in hand... and I don't think he's the only one.

As brutal as that sounds, I think there's some truth to that.

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham
 

To add to my previous post, when I mentioned the other kids I met at superdays, they were not all target-kids either, so please don't play the non-target card. Schools represented at my superday today included: BU, Emory, Morehouse, Babson, Villanova, several other schools that I've never heard of... in addition to the usual suspects.

 

this may sound untrue to quite a few of you, but your major does matter! I spoke to some people at senior levels at BBs and they told me that they would much rather hire people who are finance or business majors and have a great interest in those fields.

 

"this may sound untrue to quite a few of you, but your major does matter! I spoke to some people at senior levels at BBs and they told me that they would much rather hire people who are finance or business majors and have a great interest in those fields." .............................................................................................. The part that sounds true is that your major counts for proving interest. But if you walk into a superday interview and blow them away, no one will give a fuck what subject you took 30 credits in. It doesnt matter if its private equity, banking, quant trading - u can do a philosophy major, nail the interview, and get the job.

 

I'll admit that the top schools have more competition within themselves, but you guys really need to hustle. There are plenty of MM banks that would like an Ivy or Vandy student.

I got to a sub 40th ranked school, and like b, have not had any real problems with recruiting. I have 2 top MM offers, and have gotten interviews at several BBs(GS,ML,LEH,CITI,UBS,JPM,LAZ) and top boutiques. Been only rejected once, and to be honest, feel pretty good about my prospects with rest of the BBs.

That said, I had to work my tail off since late October just to talk to alumni and to get these interviews. You guys already look great on paper (unless your resume is retarted, then you have bigger problems), you just need to hustle a bit more.

 

Sorry about that... I answered my own question by looking at one of your other threads.

 

There are other banks besides BB that are also quite prestigious. Lazard, Evercore, Blackstone CV Partners, Greenhill, PWP.... Did you try any of those?

What about MM? Cowen, Stifel, Savvian, Piper, Harris Williams, JMP, etc.

Cast your net wide. There's more out there than just BBs. You can do an SA stint at one of those places and then if you get an offer you can leverage that during FT recruiting. Lots of people started at smaller places and transitioned to a BB after a year or two or after b-school. Others ended up liking the smaller place so much that they just stayed. This is not the end of the world unless you make it the end of the world.

Also, having an all finance background can hurt sometimes if it makes you seem like a boring person. Not sure that's what happened here, but it's just something to think about.

 
LeoPTY:
That sucks man. I'd recommend you start reaching out to boutiques since they tend to have less structured internship recruitment timelines.

This is not the end of the world. You can still spin a solid boutique internship into a good shot at FT MM/BB.

Thanks for the kind words. I would like to stay in the new york city area, do you have any recommendations on which firms to reach out to? I know there are a lot of boutiques/MM around the place but.. where to start?

 

Hmmm. Don't know NY too well (based in the southeast), but there are TONS of boutiques in NYC. One perk about interning at a boutique is that if they like you, you can sometimes keep interning part-time during the school year.

The M&I Networking Ninja Toolkit has a good list of firms nationwide, there is also a huge thread somewhere on here listing boutique banks.

 
englishtoffee:
I'm even worse - BB s&t, boutique M&a internship, coldcalled all last semester...over 2000 emails sent...spoke to 100 contacts...10 resume forwards... One interview...no offer. Frickin brutal.

Please post your resume. Thanks!

 

I would say reach out to your interviewers or contacts and see if you can get some feedback regarding your interviews. If you have had multiple interviews and no offer perhaps there is something causing this pattern. If you can indentify what may or may not be holding you back, it can help you in future interviews. I've also heard from multiple reputable sources that this year is very competitive for SA positions so it could just be bad luck as well. Keep you're head up, you may be down but certainly not out.

 
white collar:
I would say reach out to your interviewers or contacts and see if you can get some feedback regarding your interviews. If you have had multiple interviews and no offer perhaps there is something causing this pattern. If you can indentify what may or may not be holding you back, it can help you in future interviews. I've also heard from multiple reputable sources that this year is very competitive for SA positions so it could just be bad luck as well. Keep you're head up, you may be down but certainly not out.

aah that sucks.. I was hopeful that they would starting recruiting a lot this year cuz crisis is almost over! Why is the SA class so small?

 

From my understanding it's more a matter of the class being very talented. I was told directly that banks are seeing more and more resumes for summer analyst positions with direct prior banking experience. Applicants have a greater amount of relevant work experience making it that much harder to distinguish who gets the interviews/offers

 

same here... i got several BB s&t sa first round interviews, but haven't been called back for second round. (i had a s&t sa experience my sophomore summer) I must be doing something wrong at the interviews...

does me being an international student make my chances much harder...?? i still have DB first round..so fingers crossed

 
arrowhead:
same here... i got several BB s&t sa first round interviews, but haven't been called back for second round. (i had a s&t sa experience my sophomore summer) I must be doing something wrong at the interviews...

Same situation does me being an international student make my chances much harder...?? i still have DB first round..so fingers crossed

 

But don't pm the members on WSO with a start begging for a job because I do not think that will go well for you.

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee WSO is not your personal search function.
 

If you're a "semi-target" school as you put it then they obviously look to your school for a small number of people to impress them. They were your words and not mine...but if it hasn't worked out for you yet then you are doing something wrong. When you email these guys make sure you are very respectful but not a douche bag. Ask someone that went through the process what the emails should look like and see if you can get on the phone with these guys. Know your shit too though...the target schools have it easy because they get mostly fit interviews while they are going to expect you to have invested time to understanding what they do. Ask questions, be interested. Don't tell them you're interested in getting a job. Use words like..."I'm interested in learning more about the bank and what you do". People like to talk about themselves. Step your game up.

 

The first step is searching WSO for similar forums.

If you can't do this then you don't have the research skills needed to overcome your sitch

*I will add that you should as one other member stated cast a larger net. Include insurance companies, F500, regional boutiques, commercial lending, and asset/private wealth management firms. Any internship > no internship

 

Thank you very much people! I am an international student so there are a lot less options out there for me.. I will start networking again and see how it goes. Really appreciate your inputs!

Beef up.
 

I think the mistake you made was letting it known to your group you didn't want to be there long-term. Even if you thought that, you should've pretended to be happy all the time and tried to secure the offer. At least then you could've shopped around.

That being said, it's not the end of the world. It's still a great experience builder and is impressive on the resume. Call up MM banks and see if you can set up interviews, or use contacts at other BBs to get an offer. You're in a situation a lot of kids are, try to play it off like it was more market conditions than anything else (and it may have been part of the reason). If you can have someone vouch for you as a good worker at any other BB, that'd be huge.

I think putting off work for a year would be pretty extreme. If you have a good GPA, went to a good school, and did pretty well as an intern, you should be able to find somewhere (whether BB, MM, boutique, F500 CorpFin, or Big 4 TAS/M&A advisory).

 

This thread is note useless. It centers around the idea of extending graduation by a year or look towards a nother summer... Haven't seen much material out there covering it.

More input appreciated. Gnoes3pc, can you PM me please?

 

is a mistake. So you didn't get an offer. It's not the end of the world. You're still better off than 90% of the candidates I've interviewed for full-time recruiting who have no ibanking experience. Sure you'll be asked why you didn't get an offer but you can fluff your way around it, especially this year where many will be in your position.

At the end of the day, if I believe you learned a few things during your internship and are smart I wouldn't hold not getting an offer against you. Some of the better analysts I've seen did interships at other banks and did not get offers.

 

Frankly it's a stupid idea. If banking / trading / whatever is not meant to be, it's not meant to be. No reason to delay life or the inevitable (of not working in finance).

You might have a chance to apply for summer analyst positions next summer (a very small chance, since people don't usually take super-seniors into SA programs). Even if they do interview you, you still have to answer the, "Did you get an offer last summer?" question. There is no avoiding that.

 

I don't see why you would not extent a year if you can afford it; perhaps you could do a co-terminal master's degree; perhaps you could get another major or two minors, or pick up/polish a language, or go abroad to an interesting school (Oxbridge/Sorbonne/ U of Costa Rica...)

If you can afford it and not go into more loans, why not?

Another option is heading to grad school. A two-year master's in (something) will nicely ride the down-market.

That said, notice the state of the markets. You may not be able to get another internship; so if you want to go into finance anytime soon, your best bet might be hustlin' and getting an offer somewhere.

There are no guarantees you'll be able to break into finance in the future.

"Categorical Imperative: If I cannot look at my mother or my wife in the eyes and explain it, I won't do it" - Some British MD.
 

Alphaholic - you've never stepped foot in a bank in your life. Mary - you're not going to get a return offer, not because of market conditions, but because you are a total tool who doesn't deserve a return offer, or a chance to work in banking at all.

 
b2:
Alphaholic - you've never stepped foot in a bank in your life. Mary - you're not going to get a return offer, not because of market conditions, but because you are a total tool who doesn't deserve a return offer, or a chance to work in banking at all.

HAHA.

Never, ever lie about something like this in an interview. It's too easy to check. If you know you won't get an offer to return, then make sure that it's not due to performance. Upon leaving, ask your boss for feedback and see if he/she is willing to speak highly of you to other employers. So if that question comes up next yr, you can say something along the lines of, "Due to market conditions, I didn't get a return offer, but the firm was pleased with my performance. Feel free to contact XXXX about my time there."

 

why is that even a question? i feel that a bank, especially a BB, would have the resources to check up on someone's history. granted, they probably dont have the time.

outside of potentially getting busted for a lie, i would feel embarrassment if i got a call after a seemingly good interview saying i am no longer a candidate due to the validity of my statements at the interview. dont know how much blacklisting goes on, but its definitely a shot at your credibility i would think.

 

I blew one on tuesday and had one on friday, just try to get a feeling on what you did wrong, improve and keep on going. I know how you feel, go walk, smoke a cigarrette (my poison), get a drink, or some chocolate, your choice watch some tv to forget about it for a while and then back to the field.

Valor is of no service, chance rules all, and the bravest often fall by the hands of cowards. - Tacitus Dr. Nick Riviera: Hey, don't worry. You don't have to make up stories here. Save that for court!
 
rufiolove:
When you say "you realized you weren't good enough this year" do you mean that you didn't even apply, or does that mean that you went thru the process and did everything you could but were unsuccessful.

I went through the process but was unsuccessful. Did a few superdays but didn't get the offers. I think it was my lack of confidence in some, and I wasn't super sharp on some technical (acc) questions. I have learned from my weaknesses though and will be more prepared come next year.

what's your opinion on what i should do?

 
rufiolove:
If you can still get an internship in IBD at a middle market or boutique that will pay, I would do that. I wouldn't go Big 4, that's pointless. It's up to you whether you want to try to recruit for full time right away or if you want to delay. As long as you tell the story the way you want to and you have a decent rationale, people won't care.

thanks for your advice rufio.. ideally though, since its easier to compete with kids in their junior year and having the IBD experience i am opting for delaying.. just not sure about the rationale..

 

MM IBD and then recruit for FT in the fall, if you don't like what you get then stay another semester and recruit for SA in the winter.

you say you have no offers on the table though and MM's (I'm assuming) are done with SA recruiting or finishing up so better hop on that. Also big 4 is probably all wrapped up with their recruiting

 

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Take it as it comes JJ
 

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Saepe sint repellat et sint adipisci quae modi. Non iusto quae et ipsum. Labore architecto magni ea.

 

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Nulla occaecati totam sint necessitatibus et ipsam. Laboriosam vero error consequatur ut consequatur vel. Et vero sit commodi at veniam saepe sed et. Sint laudantium unde voluptates facere fugiat veritatis.

 

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"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 

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make it hard to spot the general by working like a soldier
 

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