OT: Career advice

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True, I always see positions for Deloitte, for example. Granted, they are generally seen as sweatshops and initial pay kinda sucks. But it's great experience, they are big names, and they look great on the ol' resume.

All true. I've worked a ton with Deloitte over the years, have a lot of friends there. Its great experience without a doubt. If you're good and latch onto the right people, you're set.

But man, they work you to death. Brutal hours.
 
All true. I've worked a ton with Deloitte over the years, have a lot of friends there. Its great experience without a doubt. If you're good and latch onto the right people, you're set.

But man, they work you to death. Brutal hours.

I had an opportunity to jump to them to work as a "senior consultant" recently.

However, the salary wasn't worth the increased hours.

If I'm going to be in my mid-40's and have to work 60 hours a week, I better be getting paid enough that my wife doesn't have to work.

The offer wasn't even close to what I would have needed.
 
I'm in the same boat with ya, Capt McDonut. I'm a senior too over at Sacred Heart, with a different major though.

From my experience with Communications, networking is a big gimme. Your resume will come along, but building it is key. Try to just do as many internships/tempt jobs as possible. It doesn't hurt to create a website, too, showing a portfolio of your work you have done so far.

When going in for an interview, make sure your dressed sharp. Make sure you shave as well (can't tell you how many times not shaving can bite ya in the ass :laugh:). Go in there determined and confident that you could be a great asset to their staff (employers want to see that). And most definitely and importantly have fun with it. Being nervous is common, but if you show that you are a likeable person, but can buckle down and get work done, you should have no problem getting a job.

Again, we're not in the same field of study, but I hope this advice could help.

Good Luck, Stranger :)
 
I'm in the same boat with ya, Capt McDonut. I'm a senior too over at Sacred Heart, with a different major though.

From my experience with Communications, networking is a big gimme. Your resume will come along, but building it is key. Try to just do as many internships/tempt jobs as possible. It doesn't hurt to create a website, too, showing a portfolio of your work you have done so far.

When going in for an interview, make sure your dressed sharp. Make sure you shave as well (can't tell you how many times not shaving can bite ya in the ass :laugh:). Go in there determined and confident that you could be a great asset to their staff (employers want to see that). And most definitely and importantly have fun with it. Being nervous is common, but if you show that you are a likeable person, but can buckle down and get work done, you should have no problem getting a job.

Again, we're not in the same field of study, but I hope this advice could help.

Good Luck, Stranger :)

Thanks! Good luck to you too!
 
I had an opportunity to jump to them to work as a "senior consultant" recently.

However, the salary wasn't worth the increased hours.

If I'm going to be in my mid-40's and have to work 60 hours a week, I better be getting paid enough that my wife doesn't have to work.

The offer wasn't even close to what I would have needed.

The higher ups use the lowers as slave labor, basically. It's typical.
 
Hey so I figure I actually post in here as well. I'm a senior studying finance as well. I'm currently interning for a financial adviser at an insurance company and I had previous experience at a small equity firm as a financial analyst intern. I'm not 100% sure with what I want to do in finance but I know I want to be as far from insurance as possible. I'm looking for a new internship for the spring and haven't heard anything yet from anything that is paying me at least the same of what I'm making now. On top of that, I've been applying for full time positions which I may be getting ahead of myself but I figure why not. I'm just having difficulty hearing back from places and if I do they aren't interested because I still have enough semester of being a full-time student.
 
As a nearing 40(ever to fast) guy who never went to college and has a completely different work life than what I'm seeing here let me add 1 small thing.

"Dream jobs" imo are largely a fallacy. The job you think you want has a good chance of not living up to your expectations for one reason or another. I experienced this personally actually with sports radio lol.

As posted by several others BE OPEN MINDED, your actual dream job will probably be something you didn't think of but that you're really good at. Being really good at something, imo, tends to make it your actual dream job.

Small piece of life advice, don't tie yourself down with mortgages and car payments. Start saving for retirement literally right away.

Lastly, visit

Www.Iwillteachyoutoberich.com

Ramit has some invaluable content on interviews, networking, dream jobs & finance.

Actual lastly, if there's a job you really want at a certain company just get your foot in the door and outwork everyone. Kids your generation are incredibly easy to stand out from in my experience. Lots of entitlement (get off my lawn lol)
 
Hey so I figure I actually post in here as well. I'm a senior studying finance as well. I'm currently interning for a financial adviser at an insurance company and I had previous experience at a small equity firm as a financial analyst intern. I'm not 100% sure with what I want to do in finance but I know I want to be as far from insurance as possible. I'm looking for a new internship for the spring and haven't heard anything yet from anything that is paying me at least the same of what I'm making now. On top of that, I've been applying for full time positions which I may be getting ahead of myself but I figure why not. I'm just having difficulty hearing back from places and if I do they aren't interested because I still have enough semester of being a full-time student.

Ernst + Young, PwC, and BDO are still looking for Spring interns IIRC. Check them out. Especially PwC whom I feel like are always hiring.
 
Actual lastly, if there's a job you really want at a certain company just get your foot in the door and outwork everyone. Kids your generation are incredibly easy to stand out from in my experience. Lots of entitlement (get off my lawn lol)

This is 1000000% false. I had a wonderful resume in college and it looked exactly the same as at least half of the finance students in the school's. Many of which have ***** jobs with no upward mobility at JPM or Wells Fargo (though obvi it's good experience). But in my experience my resume looks no better than at least half the major's and I worked my ass off for one that stands out.
 
Hey so I figure I actually post in here as well. I'm a senior studying finance as well. I'm currently interning for a financial adviser at an insurance company and I had previous experience at a small equity firm as a financial analyst intern. I'm not 100% sure with what I want to do in finance but I know I want to be as far from insurance as possible. I'm looking for a new internship for the spring and haven't heard anything yet from anything that is paying me at least the same of what I'm making now. On top of that, I've been applying for full time positions which I may be getting ahead of myself but I figure why not. I'm just having difficulty hearing back from places and if I do they aren't interested because I still have enough semester of being a full-time student.

Working in finance at an insurance company is a different world from working for a financial advisor.
 
Working in finance at an insurance company is a different world from working for a financial advisor.

Also this, but I happened to like insurance.

Even if you don't love it at first, the insurance job market is wide open and should be considered.

Source; I interned for AXA two years ago.
 
Hey so I figure I actually post in here as well. I'm a senior studying finance as well. I'm currently interning for a financial adviser at an insurance company and I had previous experience at a small equity firm as a financial analyst intern. I'm not 100% sure with what I want to do in finance but I know I want to be as far from insurance as possible. I'm looking for a new internship for the spring and haven't heard anything yet from anything that is paying me at least the same of what I'm making now. On top of that, I've been applying for full time positions which I may be getting ahead of myself but I figure why not. I'm just having difficulty hearing back from places and if I do they aren't interested because I still have enough semester of being a full-time student.

I would ask the FA if he/she has any contacts in the corporate side of the company.

I work for an insurance/finance company (mutual funds, annuities, etc) in financial systems and reporting. I've also worked in the field in a service role. it's night and day. What you're experiencing now is nothing like what people in the corporate/home office side do.

Even if the company only sells insurance, they do internal cash management, investing, analysis, planning, etc. There's opportunity to use your interest in finance, and you've already got a foot in the door somewhat.
 
As posted by several others BE OPEN MINDED, your actual dream job will probably be something you didn't think of but that you're really good at. Being really good at something, imo, tends to make it your actual dream job.

Agreed 100%. I worked 6 years at a job that I found mostly boring and unfulfilling. Out of the blue, a friend of mine asked me if I was interested in a job. Total shift in careers, but I figured I was young enough to start over and jumped on the opportunity. I never would have seen myself working in financial services, but it turned out I had a knack for it. I just celebrated my 10 year anniversary at the company and love my job.

You never know where you'll end up. I have employees who have somewhat similar stories to mine as well.
 
Ernst + Young, PwC, and BDO are still looking for Spring interns IIRC. Check them out. Especially PwC whom I feel like are always hiring.

I'm working at Northwestern Mutual now and I applied to EY but nothing. I only have a 3.2/4 so its nothing crazy being at Iona. I have experience and I'm pretty involved on campus so I feel like thats a big reason.
 
Working in finance at an insurance company is a different world from working for a financial advisor.

I know the difference but thats what they call them at my company. All they do is sell insurance and push annuities, do rollovers, and set up people in these bunk MFs.
 
I know the difference but thats what they call them at my company. All they do is sell insurance and push annuities, do rollovers, and set up people in these bunk MFs.

Like I said, that's a completely different world from what finance is on the corporate side.
 
This is 1000000% false. I had a wonderful resume in college and it looked exactly the same as at least half of the finance students in the school's. Many of which have ***** jobs with no upward mobility at JPM or Wells Fargo (though obvi it's good experience). But in my experience my resume looks no better than at least half the major's and I worked my ass off for one that stands out.

I didn't mean it's easy to make your resume stand out.

I meant it's easy to stand out in the work place from most entry level-ish people.
 
Also this, but I happened to like insurance.

Even if you don't love it at first, the insurance job market is wide open and should be considered.

Source; I interned for AXA two years ago.

Insurance is going to be a huge field for jobs shortly. You can't read a trade mag without seeing an article like, "What are we going to do when all the baby boomers retire!?!? We need to hire a TON of young people!"

I don't think folks understand just how crazy the hiring will be in that industry sooner rather than later. Although this is more on the broker, account exec, and claims side. The underwriting side is going to be mostly shipped out or replaced with machines.
 
Hunter Although this is more on the ... and claims side.[/QUOTE said:
There's a job that can be a very lucrative that very few people know about. Being a catastrophe claims adjuster can be a 6 figure job with no college loans to pay back. Very lucrative to the ambitious.
 
Insurance is going to be a huge field for jobs shortly. You can't read a trade mag without seeing an article like, "What are we going to do when all the baby boomers retire!?!? We need to hire a TON of young people!"

I don't think folks understand just how crazy the hiring will be in that industry sooner rather than later. Although this is more on the broker, account exec, and claims side. The underwriting side is going to be mostly shipped out or replaced with machines.

There are plenty of jobs in corporate finance just not sure how many of them will be junior positions. There are always new regulations going into effect and nothing is better at creating finance jobs than new regulations.
 
There are plenty of jobs in corporate finance just not sure how many of them will be junior positions. There are always new regulations going into effect and nothing is better at creating finance jobs than new regulations.

I am talking about high level jobs opening up very soon. Insurance is one of the oldest industries around. It's actually frightening how quickly the top folks are aging, there. Far more than anything else I can think of.
 
Well the other trend working against legacy big name insurers is more and more business going direct, away from the typical agent/broker model. There's disruption still to go in that space beyond property especially as the current 20-30 somethings become head of households.

That mix shift could result in a lot of headcount just not being backfilled.
 
I am talking about high level jobs opening up very soon. Insurance is one of the oldest industries around. It's actually frightening how quickly the top folks are aging, there. Far more than anything else I can think of.

This goes with what my boss is going through right now. His mentor is retiring within the next year or so and is giving him his 600 or so active clients which doubles my boss contact list. It's really amazing with what my generation is about to experience with that. I just don't feel comfortable being in that business because I still feel somewhat sleezy selling insurance if that makes sense.
 
I am talking about high level jobs opening up very soon. Insurance is one of the oldest industries around. It's actually frightening how quickly the top folks are aging, there. Far more than anything else I can think of.

Well, high level jobs aren't going to open up for junior staff. But even in finance, there is a lot of automation that kills jobs. We have a lot of people in our investment area that will soon be eligible for retirement - I can't say we will replace 100% of them. There is some upward mobility but hard to say if that will increase. Our executive team is relatively young, though. When our old CFO retired he was replaced by a relatively young guy (Canadiens fan but still a nice guy).
 
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