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Thoughts on this: www.ibcareerpath.com

post #1 of 49
Thread Starter 
I got accepted into this program, not sure how hard it is to get accepted. But it looks interesting, offers a 2-3 month internship and could be the kick off to a job.

www.ibcareerpath.com

It is around $5,000 for the class and the internships and is located in New York.

Has anyone done something like this before (I know Anex is an alternative, have not heard back from them yet)?
post #2 of 49
Is this you?

http://www.reddit.com/r/finance/comm...g_heard_of_it/
post #3 of 49
Thread Starter 
Quote:
Originally Posted by unjung View Post
nope, my Reddit username is Saturdays I'm sure more people are learning of this since I saw this online earlier this week A lot of people think its a scam because they don't list the partnering firm. They do, however; the partnering firm is Dalmore Group on 11 Broadway. The person in charge was very helpful over the phone. I wouldn't explicitly say on my Resume that I have paid for a course and internship in Investment Banking, but I would say that I interned at Dalmore Group and include my experiences and what I have learned.
post #4 of 49
^People know about this shit. They will know that you paid 5k for an "internship", then 3k for housing in NY, then another 1.5k on food and drink. All in all you spent 10k to have either nothing worth 10k on your resume or to be ridiculed in the office. Unless you have NOTHING ELSE related to IB at all on your resume and its your junior year, I would stay far far away.
post #5 of 49
Thread Starter 
Quote:
Originally Posted by Dashaansafin View Post
^People know about this shit. They will know that you paid 5k for an "internship", then 3k for housing in NY, then another 1.5k on food and drink. All in all you spent 10k to have either nothing worth 10k on your resume or to be ridiculed in the office. Unless you have NOTHING ELSE related to IB at all on your resume and its your junior year, I would stay far far away.

Junior year..

I graduated May 2010. I don't even have a career outlook anymore, I feel as if this is my best option.
How would anyone know if I do not tell them I did this? I would refrain from ever mentioning that I paid for courses+internship in Investment Banking.
post #6 of 49
Paying for an internship tells employers you're not good enough to land a normal internship like everyone else.

If you haven't broken in to investment banking yet, the ship has sailed. Throwing your money away won't make it come back.
post #7 of 49
Thread Starter 
Quote:
Originally Posted by Lord-Barrington View Post
Paying for an internship tells employers you're not good enough to land a normal internship like everyone else.

If you haven't broken in to investment banking yet, the ship has sailed. Throwing your money away won't make it come back.

Okay, but if i have been applying for internships and full time jobs since before graduation until now (September 2009 to June 30 2011) nearly two years in a few months... and graduated in May 2010, wtf am i supposed to do.
Why would anyone even know that I paid unless I explicitly tell them that I did, I don't have to tell them I paid for an internship.

I'm not trying to justify it in my head as much as bounce this idea and get a better understanding, i'm also frustrated with my job search at this point.
post #8 of 49
Quote:
Originally Posted by Saturdays View Post
Okay, but if i have been applying for internships and full time jobs since before graduation until now (September 2009 to June 30 2011) nearly two years in a few months... and graduated in May 2010, wtf am i supposed to do.
Why would anyone even know that I paid unless I explicitly tell them that I did, I don't have to tell them I paid for an internship.

I'm not trying to justify it in my head as much as bounce this idea and get a better understanding, i'm also frustrated with my job search at this point.

Keep on truckin' then. And maybe aim a little lower than IB or MBB consulting?
post #9 of 49
Obviously a scam... lol...
Only way in if you've already graduated is through an MBA program... or work hard and look like a star... preferably in a company that offers laterals to Investment Banking... would be a joke to work as an analyst... Investment Banking isn't that great... leave it to the kids who grew up in lala land and don't understand 99% of the population/world... they want prestige... not hard work/intelligence... it's white collar pimping... a real man would try to sell their soul to the actual Devil; would suck to sell your soul to an impostor

prestige
prestige
prestige
post #10 of 49
Quote:
Originally Posted by Saturdays View Post
Okay, but if i have been applying for internships and full time jobs since before graduation until now (September 2009 to June 30 2011) nearly two years in a few months... and graduated in May 2010, wtf am i supposed to do.
Why would anyone even know that I paid unless I explicitly tell them that I did, I don't have to tell them I paid for an internship.

I'm not trying to justify it in my head as much as bounce this idea and get a better understanding, i'm also frustrated with my job search at this point.

I know it might sound crazy, but there are other jobs on the market. There are probably over 1000 unsuccessful applicants for every new grad getting an IB job, you are one of the unlucky one. as someone said before, the ship has sailed, try to get some experience elsewhere, aim for a top MBA school and maybe you'll have better luck then
post #11 of 49
Quote:
Originally Posted by Optimistic View Post
Obviously a scam... lol...
Only way in if you've already graduated is through an MBA program... or work hard and look like a star... preferably in a company that offers laterals to Investment Banking... would be a joke to work as an analyst... Investment Banking isn't that great... leave it to the kids who grew up in lala land and don't understand 99% of the population/world... they want prestige... not hard work/intelligence... it's white collar pimping... a real man would try to sell their soul to the actual Devil; would suck to sell your soul to an impostor

prestige
prestige
prestige

So opening up your own high end boutique isnt la la land?
post #12 of 49
Thread Starter 
I am applying for all kinds of jobs, trust me. I apply for public affair jobs in DC and supply chain jobs at Polo Ralph Lauren... my degree is in Finance, so I apply to finance positions as well and my interest generally lies there...
post #13 of 49
Quote:
Originally Posted by Saturdays View Post
I am applying for all kinds of jobs, trust me. I apply for public affair jobs in DC and supply chain jobs at Polo Ralph Lauren... my degree is in Finance, so I apply to finance positions as well and my interest generally lies there...

You're applying for jobs that are only slightly easier to land than an IB gig.

You need to set some reasonable objectives here. Try to get into a F500 company in an entry level role and go from there. I think that you left school with an unrealistic view of the job market and your own worth and that has narrowed your search for unemployment considerably.
post #14 of 49
Hey, I just sent you a message on reddit, but it seems like you go on this forum more. Anyway, I'm the guy who made that post on reddit. Let me know if you're interested in discussing this. I've done a lot of research.
post #15 of 49
Thread Starter 
Quote:
Originally Posted by supyrk View Post
Hey, I just sent you a message on reddit, but it seems like you go on this forum more. Anyway, I'm the guy who made that post on reddit. Let me know if you're interested in discussing this. I've done a lot of research.

I am just haven't checked reddit since then sorry.
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