Originally Posted by superego
(1) Move to NY if you want to do finance other than the FA thing.
(2) Keep your options open, take what you get and continue looking for something better while you do. You're not in a position to be rejecting offers, IMO. If that's too much work for you (ie, you'd rather reject offers), perhaps finance isn't for you.
(3) The job market in finance is incredibly tight right now, even moreso outside of NYC and even moreso with a run of the mill pedigree. My general advice is to take what you can get (it's just your first job, afterall) and keep looking.
I've only declined offers that were positions that would simply be me selling insurance to companies and individuals, and FA positions. A few of these positions I was given the job during the interview and an offer within 3 days.
Edward Jones is a great company but the fact that they make you go door to door every day for 2 years straight to build up your business is very stupid, quite humiliating, and in my area an already tapped market; not to mention that Charles Schwab reserves the right to turn down the job after 2 years and take all the business you have built up by making you sign legal documents to get the job in the first place.
Once you start in FA you usually end in FA from what I've seen.
Originally Posted by Bane
^^ Take what full time position you can get, within reason.
- Consider consulting firms: Accenture , E&Y and the like. They have incredible turnover rates and you might be able to slide in full time or secure a winter internship.
- Remember insurance firms. They tend to be hungrier for candidates. Not sure if you can get sponsored for the series 6 with an internship or part time, but it's worth a try if you can't find full time. Once you snag the 6, get the 7.
- Don't up and move without adequate living expenses (~6 months). Try crashing on a friend's couch in a closer, larger market like Chicago rather than taking off for NY. Once you're inside a major corporation you can always transfer to their NY office.
- Volunteer. Anything that makes this gap appear productive.
- Keep your head up. Nothing screams "don't hire me" like desperation.
I do my best to apply to consulting firms since it is a pretty hot job on the market. I have applied to several companies that have consulting arms, Dell, HP, Accenture, E&Y, PwC etc.. However I never actually got an interview for a consulting position. Its quite an appealing job, mainly because my dad works at EDS/HP as an Exec Consultant for Cloud Services and deals with pretty large global corporations. Its a shame that an Internship usually requires a candidate to be getting credit in school.
I have been keeping my head up, if its one thing I can do is look good, professional and keep my cool, stay classy y'know.
I have been working as a Business Manager part time for a physician.
I can move to Chicago, Dallas or Boston pretty inexpensively since I have friends/family there. NY would be tough obviously but I have parents who can help for the most part.
Originally Posted by seeker24
I don't think that there is something wrong in pursuing your dream job from another job. get one while making arrangements to switch to a new one you love when it clicks before you lose out at both ends.
yes you are right, this is what I am trying to do. trying to get a position that can help me get to the dream job. This is the hardest part it seems and I am definitely not limiting myself to applying to my dream job, I have been applying to consulting, analyst, IB, supply chain, marketing, and etc.. jobs , knowing full well that once I am working I can easily move around a company after a year or two years of working hard.