ya man i think you should quit...then just fwd your CV to goldman, morgan, Merrill, lehman, bsc, and Citi and i am sure that you will be able to land numerous interviews...but seriously, if you want to stay in the industry, quitting would be the worst idea. you would then be in the unemployment line competing against 1,000s of laid off ppl with more experience than you. it'd be like landing an exit boat as the titanic sinks and then going back to the main ship because you dont like the ppl on your boat...youre lucky to be in a boat.

I wouldn't try to get a job right away...more like law/b-school. And after that, I'm not sure I'd go back to ibanking.

bschool will be harder to pull off becuase you're a first year with 6 months work experience...

if you wanna do law school, then go for it, but in general i'd advise against quitting until you've gotten into law school.

same goes for finding a new job...do it if you want, but don't quit until you've got something lined up, and don't be delusional and think there's going to be a lot of work for a while unless you join a restructuring firm.

Don't quit untill you have something locked up. You'll have a hard time getting in any good B-School with trading for your personal account. read finance books. F it, play poker, fantasy football etc.

As everyone pointed out, don't quit at this market unless you have a back up (another offer, school, or money to live for a while). In the mean time, you can Ask for more work at your current job if they have any? Read books online, study gmat or lsat, etc.

gl

Ling~

Maybe wait until you've finished a full year. If you still feel the same way, then quit. Deal flow has dried up for a lot of people. It should come back at some point (I hope).

PnL's quote was f'ing great. Stick it out man, I'm a senior graduating in May, tons of interviews, no offers. I would gladly trade positions with you. I'm going to end up living with my parents waiting tables until the job market hopefully picks up.

NEVER lose your BlackBerry www.conveniencesoftware.com

Is there any good online sites for the GMAT... might look ignorant but have no idea...

regarding the job I would keep it too

I'm a banker at a MM/Boutique. Hit me up. I'm very busy though at my work.

Funny I just read this after thinking about my Christmas holidays and why I'm even bothering coming back to the job afterwards. I'm a year ahead of you so have that crucial bit more work exp on the cv but even still I'd want a full two years.

As everybody has said it's a desert out there - you might be doing crap menial stuff but so is nearly everybody else, so you probably aren't loosing out relatively to your direct peers. Sure if you can find a place that has a lot of work then try and move but don't quit. If worst comes to worst you just stay there and continue receiving a salary until you've finished a full year. Think about it, you couldn't even put 6 months on your cv, it'd just look bad.

Have you asked any seniors about deal pipeline?

A lot of MM deals are there, just waiting on terms to get better. I would find out how much business is on the back burner with your firm, as this could be indicative of your work levels in the short future...

if you're getting bored at work, try play some online games. Google worlds hardest game and you won't find work as boring as before.

Do not quit until you find something new. Do not interview so aggressively that it costs you your job.

Take whatever work they give you, grin and bear it. If they let you go at the end of your first year, at least you'll have a head start while looking for work.

By the way..Why Law School?

We're about to enter a Great Depression. Don't you want a president who's already dressed for it?

I assume Ling refers to me.

Sorry rollerduck1, I actually don't know any good GMAT sides.. haven't look into them.. probably would need it in a year or so. Just do a search here and you will find a lot posts about gmat. I think most ppl find the real gmat test books quite helpful

Ling~

haha worlds hardest game - i nearly failed econometrics bc i never paid attention in class due to snubby land

wow that game was the hardest game in the world...seriously. lol i think im failing econometrics without this game.

Definitely don't quit. Grin and bear it and STOP whining. You have a job! You are well paid to show up to work, sit in a chair and do nothing, so be grateful. There's a lot of starving students that wish they could be in your position.

I don't think quitting is a good idea...granted you feel that you aren't getting the most out of your experience but this job market is awful. There are many people who would love to get into the industry but are having to contend with with another job/no job until the market picks up. So I would definitely tough it out.

if you have time to spend just surfing the web, etc etc, why not just invest that time in more productive things, as a few people have mentioned on this board? Why not read up on more finance, or learn to code (make facebook apps on the side, you can reel in about 20k a pop doing this :) ), invest actively, play poker, etc etc. If you ARE serious about looking at other opportunities, then definitely line something up before quitting; most people will tell you how much they regretted quitting their job only after the fact. Think about it; right now, you have optionality; don't lose it until you can afford to. Feel free to drop your resume with us, and we can help out if you're serious about a search. (please don't mind the site; we took months off, and then are revisiting, so still under construction)

http://www.qonnect.me Qonnect.me - a simple resume consultation service for entry-level jobs in finance and technology

just hang on until you get fired. collect severance and do that hot bath thing that halberstram mentioned.

We're about to enter a Great Depression. Don't you want a president who's already dressed for it?

what should we do to make ourselves better? also, all of us have day jobs, and i have already mentioned that we are undergoing construction, but want to help people out where we can (already have received more resumes than any of us have time to handle). what types of features would you want in a site that does what we're trying to do? how would you change it? do you disagree with the fact that the job market sucks? i would beg to differ if that is the case :) Also, if you think you'd do a good job in helping review resumes, why not work with us? I am looking forward to your comments.

http://www.qonnect.me Qonnect.me - a simple resume consultation service for entry-level jobs in finance and technology

.

Fair enough...

1- The motto is unprofessional. If I were looking for a resume critiquing service I wouldn't use a service who themselves cannot convey professionalism.

2- What you are offering is a service where you help package and market candidates in the best light possible VIA their resume. Why would you even bother having a web site up which is not presenting your own service in the best light possible? If your web site isn't polished, why would I pay you to polish my resume? You're better off not having anything up until the site is fully functional.

3- Investment banking and technology? Its kind of like a actress/waitress. She's really good at only one of them. If I were a banking candidate, and this guy says hes an expert on IBD/Technology recruiting, I would assume you're an expert in Tech recruiting. Either get rid of the tech, or get rid of the banking.

4- Again, professionalism. If you're running a business, and this is just my personal opinion, you shouldn't be putting something sub-standard up with the explanation that "we took months off." Because no legitimate business, "takes months off" unless its a mountain-top lounge at a ski resort. And the explanation makes no sense. Its not a lawn, where you took a few months off so its not manicured. If you took a few months off, the site is exactly how it was when you left.

I would advise taking the site down until it is at a level you feel is high-quality. You're doing yourself a disservice by working hard promoting (in a (IMO) somewhat irritating fashion) a web site which isn't ready. You may have potential customers who go to your half-ass web site and are turned off. If you left the web site down, didn't promote, and worked on it for a month, and then launched your promotional campaign, maybe you would have a better hit-to-paying customer ratio.

I'd also recommend doing some resume's for free, maybe on this web site, get some user feedback, maybe some testimonials, etc....

Also, there are a lot of resume critiquing services, yours doesn't come off as anything special. Vault has their own brand value, there is/was a member on this site who is a well respected monkey whom everyone knows works in banking and is qualified who has a service. You dont list any qualifications, testimonials, before-after samples... I don't know you from a hole in the wall, I wouldn't let you critique my letter of resignation, much less pay you a hundred bucks to critique my resume.

We are already making money, so this is not an issue; I've finished 3 resumes so far today. Also, we encourage finance and tech, because many of us are bankers who have done TMT, and now either work in tech, or work in vc. Hence this is our specialty. But yeah, the issue in what you're saying is that, honestly (And i hate to say this), there is WAY more demand than even we need, BEING a "hole in the wall". So when you say "don't quit your day job", i could in fact literally quit my day job and do this as it stands. Also, your opinion of us being "irritating"; i don't know, i'm not sure i can agree, again because we've managed to help alot of people, many without any fee. The comments we leave on here are barely to promote our service, so much as to just give good insight. I really don't care if no one agrees to pay the $100 (and the description needs to be changed to this effect); the "business" here is not a concern, we are doing this because we have a passion for people, and that comes across to the people we've helped so far. But I think you're absolutely right; we should take down this site, cause I get more than enough stuff in the door. Maybe just have an email address, build up the anonymous credibilty through what we say, versus this site that we have.

http://www.qonnect.me Qonnect.me - a simple resume consultation service for entry-level jobs in finance and technology

If you're doing so well for yourself, why ask for my comments, gangster?

Keep doing what you're doing.

And yes, you are irritating; no if, and's, or but's about it.

Sorry you took it so personally. And FYI, "careers in finance" includes VC, "careers in technology" implies IT.

Like I said, don't quit your day job (in IT).

i didn't take it personally at all; it seems that you have though? I'm glad you commented, I liked your input, I am just telling you which assumptions you made that were incorrect? I didn't realize you would take it so harshly. And doing strategy at a tech startup, or biz dev at Google, most assuredly is not finance by any stretch of the imagination; however it is business, and this is what I was capturing (sorry if this was unclear).

Also, isn't it ironic that you would say we're irritating, when you commented on this post and did not actually answer the original poster's question? Wouldn't that define irritating, in a forum that is geared towards helping people answer wall street employment-related questions? On top of that, what day job in IT are you referring to? Honestly Marcus, what was the point of the last comment? Maybe i'm being hypocritical in posting this myself, and I apologize to the OP in advance, but you've given advice, and we're taking the bits and pieces that are relevant to us. For instance, the signature at the bottom is off the post.

Instead of criticizing so harshly, why not just have respect for the questions people ask on a thread (and again, I apologize for wasting the OPs thread with this)? There was literally no value to the OP in your initial comment; NONE WHATSOEVER, you did not even go so far as to address the question -> that is what i would call irritating.

Marcus's comments were actually good advice...

Anyways why would folks seeking entry-level jobs need to pay for resume consultation service? They can get free service by circulating their resume to friends, alumni for feedback, comments, suggestions etc. Spend the $100 on a new pair of shoes or a few drinks on Saturday night. Not on a "resume consultation" service.

This whole thread is funny :-)

hehehe.

It is an exceptionally slow day today. I feel like sticking bamboo reeds under my fingernails.

qonnect.me... take it easy bro, you're not doing anything for your credibility by bickering with me.

no one's bickering; but i think you should apologize to the OP for wasting his thread and giving useless advice

Ha, STFU.

Useless advice is regurgitating what other poster write above you and putting your link on the bottom of the post, ass clown.

Your valuable nuggets of advice include playing poker and day trading while working at an investment bank. Good advice. Instead of quitting he'll get fired.