Answers

Search

Post Your Resume

 

Print

Recent grad- landed in an operations instead of research analyst program. Too late for a switch?

Asked by meyourman

Posted in Switching Sectors and Research

12 Sep 2008

Answer this question

Answers (3)

  • get out before you get stuck in the back office for life...

    jkopitzke 12 Sep 2008

    RECOMMEND Recommended 0 times | Alert Moderator

  • Sorry to hear that. I similar thing happened to me a couple of years ago. When I realized that I had a near-zero chance of getting into a 'front office' position where I was working (about a month after starting), I immediately started looking for a new job. I received an offer with a strategy team at another bulge bracket firm about six months later. Definitely start looking now. Don't convince yourself that if you work hard in your current position, someone will notice you and help you get where you want to be. If you realize this won't happen after two or more years of waiting, you will find it much harder to go elsewhere. Once you have a few years of operations experience, anyone who sees your resume will think of you as an operations person and won't be able to see you elsewhere. Start looking immediately, be persistent, and good luck!

    NS 12 Sep 2008

    RECOMMEND Recommended 0 times | Alert Moderator

  • No, it's not too late, if you graduated no earlier than 2005. But market conditions make it tougher to switch to front-office (research) at this time, since big banks aren't adding slots and so many candidates with bulge-bracket backgrounds are looking for work. If you work at a bulge-bracket, make discreet inquiries internally first, to scope out what you'd have to do to make an intrenal move, your odds of success, and the risk you'd take by trying. (If you don't know anyone to consult, try your alumni directory or LinkedIn to locate fellow alumni who work at your firm.) If an internal move appears unrealistic, then look into opportunities at boutiques. Many smaller or regional players avoided serious damage from the credit crunch, and are adding staff while while Wall Street is contracting. Boutiques that hired researchers lately include C.L. King, Jefferies, Collins Stewart, and B. Riley. --Jon Jacobs, eFinancialCareers News staff

    Jon Jacobs 12 Sep 2008

    RECOMMEND Recommended 0 times | Alert Moderator

Answer this question

* Mandatory

You have 1200 characters left

Enter the code shown here or sign in / register to skip this step. (What is this?)

Answer question

eFinancialCareers does not evaluate or guarantee the accuracy of any answer on Answers.
See disclaimer.

Jobs

More jobs

Col3
Col4
Col5
Col6
bottom

Site Information

eFinancialCareers is a Dice Holdings, Inc. company. Dice Holdings, Inc. is a publicly traded company listed on the New York Stock Exchange (Ticker: DHX)