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Investment Banking Discussion Thread - Page 42

post #616 of 622
Quote:
Originally Posted by newinny View Post

I can attest to the fact that no Saturday work means that Sunday becomes a full work day that starts at 9 / 10am on the dot and ends at midnight. Another downside is no free cabs on Saturdays anymore.

Although it is nice to be able to make solid plans for once and not break them. Plus golf! icon_gu_b_slayer[1].gif

Aren't you a VP or something?
post #617 of 622

Got let go recently from my first FT job out of college. Been doing part-time intern work for a small PE fund in the meantime. Reached out to temp agencies/recruiters, but no solid leads so far.

 

No idea where to go from here (goal is Consumer/Retail IBD). I have previous internship experience, but not enough to go back for a top 20 MBA.

 

Any advice/tips? Thanks.

 

Edit: Living at home, no major expenses, getting on calls/coffee meetings everyday, etc.


Edited by JilSlander - 4/9/14 at 9:15am
post #618 of 622
Quote:
Originally Posted by JilSlander View Post

Got let go recently from my first FT job out of college. Been doing part-time intern work for a small PE fund in the meantime. Reached out to temp agencies/recruiters, but no solid leads so far.

No idea where to go from here (goal is Consumer/Retail IBD). I have previous internship experience, but not enough to go back for a top 20 MBA.

Any advice/tips? Thanks.

Edit: Living at home, no major expenses, getting on calls/coffee meetings everyday, etc.

That happened to me too although it was 2009 and my entire group was basically shuttered (MBS group at a big bank). I took a few months off, swallowed my pride and went back to the same bank in a corporate finance role, and within 5 months got picked up by an IBD group. Ended up in a much better place even though I basically lost a year in the process.

Was your first job in IB? Get a finance job as proximate to banking as possible --> build relationships with as many bankers as you can ---> target a handful of groups you're interested in and really try to develop multiple contacts within those groups ---> be ready to interview when your name is called.

As hard as banking is to crack into out of ugrad, I think its surprisingly easy to hustle your way into afterwards. Banking groups have extemely high turnover at the junior level and often times just need warm bodies to fill seats (especially when people leave between recruiting cycles).
post #619 of 622
Quote:
Originally Posted by Khayembii Communique View Post

Aren't you a VP or something?

lowly associate
post #620 of 622
Quote:
Originally Posted by newinny View Post


lowly associate

 

2nd year analyst > associate

 

But seriously, we hand out Saturday exceptions like candy. Our policy is Saturdays off if "there is no pressing client request."

post #621 of 622
I don't think I've had a single day go by in this job that did not have a pressing client request.
post #622 of 622
Quote:
Originally Posted by CunningSmeagol View Post

I don't think I've had a single day go by in this job that did not have a "pressing" client request.

ftfy
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