I just graduated from a top MBA program in May. I interned at aover the summer but didn't get an offer at the end. By the time I found out I wasn't getting an offer (my last day - they blindsided me) most other banks were already full.
Between then and now I interviewed at a top boutique, who turned out not to actually hire anyone.
I interviewed at three topvery close. One was actually for a different group at the firm I didn't get an offer from. I also interviewed at a really good PE shop for an Associate role and lost out to one other candidate.
Now I'm at a tiny bank literally working on deals that are like $3-20mm. It was the only job I could get and I had to take it because of my financial situation and figured it'd have to be better to at least have some level of experience and the FINRA licenses than not, as I was already recruiting for lateral hire positions and getting nowhere.
And now I'm terrified of being here because I really, really don't want to end up here or in the middle market. I could've gotten a better job than this without spending all that money and time on an MBA. And I feel trapped.
The worst part is that I have prior experience in M&A before my MBA, so it makes no sense to me why nobody is willing to hire me. I think the no offer really screwed me, plus having to recruit for lateral positions where I'm going up against people with post-MBA experience.
Anyways, how screwed am I? I'm looking at job postings every single day and am trying to stay in touch with classmates in case anything comes up but it's just been incredibly depressing. I feel like my career is irreparably damaged and nobody would take my experience here seriously. It's even more frustrating by how far I got with the bulge brackets and PE firm and yet I end up here. I'm wondering if corpfin at some large recognizable company would just be better for my resume and rerecruiting....