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| *Ostroff, Fair and Company>>>Financial Services |
Did anybody recently land a job with Goldman, Merrill, or Morgan Stanley? |
I'm just out of college and I'm having trouble landing a job with these financial services firms. I have an extensive knowledge of the field, however, I'm having trouble networking. Does anyone know where to start? Please help, it will be greatly appreciated. are you trying to go into production or support role? what city are you looking to get a job in? if you want to be an advisor at merrill, smith barney or morgan stanley, i found 35 fa listings on monster (positions all over the country) for merrill lynch alone. the same can be said for support roles except there may be less spots available. if you want to get into brokerage, go to a firm, NOT a bank. if you work at a bank, you have to deal with all of these FDIC regulations ON TOP of SEC regs that will be imposed on you in this business. it makes it way more bureaucratic; not a good thing. goldman (and bear stearns) will be tough because they dont have as many offices and they tend to be much more competitive in hiring; creme of the crop only need apply... if your college has a career services office, ask them for help with networking. i work at a university and our career office has great connections. you can also try your school's alumni office. they can put you in touch with some alumni that work in those types of firms. also, have you done an internship? that is another great way to break into those firms. good luck--it's not easy finding a job these days, especially your dream job! I would suggest getting some experience at a local bank first and then try to get a job with the beforementioned firms. The bank should help you get your licenses, etc. which will make your resume look more attractive. A must read for you: "Never eat Alone". I just got a job in this industry a few months ago. Feel free to email me at supurdna@yahoo.com if you have more questions. You're going to need to be willing to take on a entry level job with these companies even though you've got a college degree. The usually hire in the back office first - operations, analyst, etc. and then promote from within. Canidates that go through their campus recruitment process get second dibs on open postions with the first in line being the experienced profession with atleast 5 years on the job. You will never get into a higher postion without experience, accuracy, proven ability to work well under pressure, and extensive job training. |
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