Yet another 'Where do I stand?' - UK Edition

Firstly, let me start by saying that I live, study and work in the UK, if that makes a difference to recruitment or career paths and the like.

From the ages of 16 to 19, I drifted through the education system, doing the bare minimum necessary to pass with above average marks. When I was 18 and had to choose a degree for University, I chose Computer Science not because I particularly loved it, but because it was one of the things I was absolutely certain that I would be good at.

In my second year of University (a semi-target), I wised up a little bit and started thinking about what I wanted to do with my life. While I still wasn't sure, I realised the importance of work experience so I ended up doing an Internship at a Big 4 doing something akin to IT Risk Assurance.

I've just graduated from my first degree with a 2:1 and have decided to do a Master's next year at a target Business School. The course is called Business Analytics and is mid way between a Quant and Management degree.

This summer, I scored an Internship at a BB, again doing IT. I just had my mid-Internship review and it seems fairly likely that I will be given a full time offer for next year after I finish my Master's. However, I know for sure I don't want to be a code monkey for life.

So when it comes time to make a decision, what do I do?

  • Should I take the offer to do a job I know for sure that I can do damn well, with good job security, relatively easy hours and earn decent money?
  • Should I try to score a FO position, with little certainty on just about everything but making a lot more money? Would it even be possible for me to score a FO position, given my background and skills?

I would appreciate any input you guys have, or any advice. I'm still a work-in-progress, so I don't really know if doing what I 'want' to do is necessarily the wise choice. Thanks in advance.

Summary:
Undergraduate Degree: Semi-target Computer Science with a 2:1.
Postgraduate (expected): Target Business School.
GRE: 720/800 Quant, 500/800 Verbal.
Internships: 1 SA at Big 4 doing IT Risk, 1 SA at BB doing IT.

 

Have you already been admitted to the target business school? If so, then you won't be completely out of the running for a FO spot.

That being said, it would be easier for us to give advice if you just:

a.) told us what two schools you are referring to. As long as you don't act like an asshole on this site, then there's no real danger of getting in trouble. Plus, there aren't nearly enough Brits on this site for your identity to be found out.

and/or

b.) posted a detailed resume.

"If you can count your money, you don't have a billion dollars." - J. Paul Getty
 

Thanks for the reply. Guess I'm not really risking too much by revealing more. I graduated from the University of Nottingham and I have been admitted to the University of Warwick for my business course. Not sure if this is important, but the course is not an MBA but an MSc.

I'd rather not post my resume, having had a good look at it, it'd be quite hard for me to censor everything I need to without making the resume pointless to read.

 

If you're currently at Warwick and you got a 2:1 at Nottingham, then you're not out of the running should you decide to go for a FO position. As everyone else will tell you, just network, network, and network while you're at Warwick.

"If you can count your money, you don't have a billion dollars." - J. Paul Getty
 

Thanks for the reassurance San Franciscan, it's that time in my life where I have to make decisions that affect the next 50 years and it's hard to know whether or not I'm doing the right thing!

As far as networking goes, how do I do that as a student? I checked for Alumni databases while I was at Nottingham, neither the Careers Services, Student Centre or even the Investment Society maintained one. I'm not entirely sure if this is just Nottingham or common throughout England. If I met some people at networking events who I feel I built a rapport with, is it acceptable to ask them for a business card to get in touch for the future or is that too forward?

Also, as far as networking goes, would it be kosher to sniff around for an internal transfer in my current internship, or is that too risky?

Thanks again.

 

congratulations on getting into the Warwick MSc Bus Analytics program. Also, a 2:1 at Notts is nothing to sneeze at. I'd say you'd be in the running for FO IB gigs IF you had a prior finance internship. Unfortunately, your CV likely screams IT guy, and recruiters might typecast you as an IT guy. So, as mentioned above, what you need to do is be proactive: get top marks at Warwick, get involved in any finance-related clubs there are, and network.

 

Thanks AAW, good to know. I guess my biggest problem is the whole networking thing. It's still a mystery to me how to do that well, what's off limits/unacceptable etc. More reading to do I guess.

 

Quis architecto quia rerum rerum et sed quis. Dolorem laboriosam vel eos repellendus illo ea sed voluptas. Qui molestias numquam perferendis molestias voluptas optio. Ab reprehenderit temporibus rem aut magni nemo voluptatem.

Rem laboriosam tempore rerum iusto cumque similique enim nostrum. Aliquid beatae aperiam quibusdam ut voluptatem rerum. Sint iusto laborum unde sit.

Iusto aliquam delectus repellat. Quis autem ut nihil eius totam velit. Quo necessitatibus voluptatem voluptates cum fugiat sit. Quia eum perferendis est saepe consequatur rerum. Ipsa suscipit consectetur velit eius qui neque. Vitae totam quis eius officia aut voluptatibus aliquam.

Omnis beatae provident magnam. Consequatur laboriosam atque beatae ut nobis. Esse sed et vel omnis eos. Rerum qui dolor unde. Non expedita quasi sed fugit voluptates.

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 (13) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”