Hey there – congratulations on your degree! You’re ready to enter the real world and give ’em he** (we’re not supposed to swear on here but you get the gist). You might be thinking well I would be ready but funnily enough, I don’t have a job yet.
That’s where we come in. We’ve published a lot of articles/videos on how to land your first job out of college because we know precisely how hard it is to break into the finance industry. Internships are a great way to start, but not everyone realizes that they want to go into finance by their junior year. Not to worry. We’ve compiled a list of our best articles and career advice from top executives to create a comprehensive guide to landing your first job in the finance industry.
After a string of countless applications and interviews that have led to zero job offers, it’s easy for a new graduate to feel discouraged and disheartened. However, there are many different options for improving your chances at a finance career if you didn’t get a job after graduation.
Searching for your first job out of college is as exciting as it is challenging. Between all your classes and extracurriculars, it’s more than likely finding a job will fall on the back burner. Regardless, it’s important to carve out some time each week, whether it’s ten minutes or ten hours, to kick off your hunt for your first job after graduation.
While you don’t need a ton of work experience to get your start on the buy side, that doesn’t mean you can just stroll into an office and walk out with a new job. Though the buy side can be infiltrated, it takes some know how to get hired.
Overcoming the lack of a top-tier, Ivy League education isn’t easy, but there are proven strategies for what to do – and just as importantly, what not to do – to impress banks’ hiring managers and earn a great banking job. Here are a few of them.
Advice for Success
“To succeed, you really have to work. When everybody says to work from nine to five, you have to work from five to nine.” – Mario Gabelli, Chairman & CEO of GAMCO Investors
“I tell [recent grads] that they should be looking to do 40 or 50 informational interviews because if they do that, they’ll get three things. One, they’ll find out if the job is right for them. Two, they’ll get practice in selling themselves for the job. And three is what I call fishing: they’ll have enough lines in the water to be able to hook and land a great job.” – Ben Carpenter, Vice Chairman of CRT Capital
“I would tell kids to keep an open mind…I never envisioned I would be doing this 50 years from now. I would say have a sense of adventure. Try something new. Take a risk. Never talk yourself out of adventures or situations. It’s a big world out there. Be an explorer.” – Boon Sim, President of the Americas at Temasek
“I want somebody that’s smart, hungry, not spoiled. Someone that comes in and actually says I’ll work 15, 18, 20 hours a day, just give me a shot. I’ll mop floors, I just want an opportunity to learn. That’s the kind of person I want…I’m not impressed by fancy schools, doesn’t matter to me. You can be smart and go to Brooklyn College, doesn’t matter.” – Buzzy Geduld, CEO of Cougar Capital
“The riskiest thing of all is to take no risk at all today… So you might as well learn to take smart risks in the pursuit of big dreams.” – Linda Rottenberg, CEO & Co-Founder of Endeavor
“I would tell [recent grads] that they are capable of much, much more than they even dream of, that there is no limit to the upside of what they can accomplish in life as long as they remember teamwork and leadership.” – Phil McConkey, President of Academy Securities & Super Bowl Champion