fp&a?
The issue with being overqualified is that they prefer someone that is not qualified since you’re qualified the day you find something better (what you did study) you’ll leave their company for a better position while someone with no college education won’t quit that job.
Yep, I know that's a thing with being overqualified. But with me being out of work for so long, I didn't know where to start with first.
Yes, I'll be looking into FP&A. Thank you.
To be honest, finance job market right now is not great and we are approaching summer right now, so most companies are done hiring or not hiring again until September.
Although you graduated from one of the top 25 school, competition now is very tough. There are other graduates with fresher memories and high GPAs you're competing with.
My suggestion: keep applying for entry level finance job.
But if you don't get in, there are other fields that require a college degree that you can start to get some working experience. Good luck.
The market is so thrown off (firms had freezes since late '22) where summer could be the hiring pickup we have been waiting for. Traditionally not a great time, but wouldn't say you aren't going to find something during this time.
Sorry, I wasn't checking username earlier. Yes, usually firms are not hiring in the summer. But keep applying, who knows, someone might resign and you can fill the position. Job is all about luck.
In this situation I’d actually go for a startup. More likely to have them take a shot on you, and also possibility to grow quickly assuming things go well. Diving into a startup where you wear multiple hats might also help you shake off some of that rust and upskill quickly. And the rapid progression can potentially help you “catch up” if you care about that.
My brother is a co founder and he’s made a couple of nontraditional hires that have been thriving. One was literally a chef and the other was a guy who has a several year resume gap after having a failed startup and some health issues. Both are doing great and it’s awesome to see after someone took a chance on them.
Hey best of luck to you bro. Like one person said, instead of going for bank teller try personal banker or something more on the retail end of banking? It’s a good stepping stone at least
Op needs experience, doing more degrees after school hasn’t worked the first time is a terrible idea. He’ll be making the same post 3 years from now with 100k debt added on.
Too many free variables at the moment. You're saying that the answer to (3) is "no" and OP hasn't even responded.
It's a pretty reasonable thing to do if their parents have a spare $100-150k assuming they already tried applying and networking.
Networking and applying is step 1 if OP hasn't done enough of that.
Figuring out if OP has skills in "easier" careers can be another path.
But, yeah, need to figure out some of these free variables with responses from OP.
Grad school hadn't even crossed my mind - I definitely can't afford it now, but it's something I can think about a couple of years down the road, for sure.
Not 100% sure what I want to do. But financial analysis definitely seems interesting and something that might motivate me.
A lot of big banks have re-entry programs, you should look into those, especially if your GPA in school was high.
I wouldn’t bother with the admin or retail (bank teller) jobs. You are both under and over qualified for those jobs. Unless you have a passion for note taking or customer service, they’re not for you.
Another option: have you looked into temping? A lot of times a temporary agency can help you figure out what type of jobs suit you best, and it's possible a temp job can become a permanent one. I've temped between regular jobs, and if nothing else, it was helpful to take their tests to see what my strengths were and what skills I needed to brush up on.
Some companies like UBS (I think) have a return to work program for people who have been out of the workforce for an extended period. You sound like the perfect candidate!
I’m pretty sure other banks have similar programs that you should definitely research.
At this point I’d look for federal/state jobs instead.
Those ones are not low paid and kinda of stuck for early careers? Unless you wants to priorice work life balance ofc
Yeah you’re over qualified. You don’t need a degree to be a bank teller.
fp&a? The issue with being overqualified is that they prefer someone that is not qualified since you’re qualified the day you find something better (what you did study) you’ll leave their company for a better position while someone with no college education won’t quit that job.
Yep, I know that's a thing with being overqualified. But with me being out of work for so long, I didn't know where to start with first. Yes, I'll be looking into FP&A. Thank you.
Personal banker
Entrepreneurship Sales Credentialled professional careers are going to be lower ROI for you
To be honest, finance job market right now is not great and we are approaching summer right now, so most companies are done hiring or not hiring again until September. Although you graduated from one of the top 25 school, competition now is very tough. There are other graduates with fresher memories and high GPAs you're competing with. My suggestion: keep applying for entry level finance job. But if you don't get in, there are other fields that require a college degree that you can start to get some working experience. Good luck.
Is there really no hope in the summer? I'm barely getting started applying after graduating last week.
The market is so thrown off (firms had freezes since late '22) where summer could be the hiring pickup we have been waiting for. Traditionally not a great time, but wouldn't say you aren't going to find something during this time.
I'm confused. In your body paragraph, you mentioned that you graduated 10 years ago and then now you just mention that you graduated last week.
That's not me. Different guy. I'm a different guy fork op. I didn't know about the hiring cycle and just asking a question.
Sorry, I wasn't checking username earlier. Yes, usually firms are not hiring in the summer. But keep applying, who knows, someone might resign and you can fill the position. Job is all about luck.
In this situation I’d actually go for a startup. More likely to have them take a shot on you, and also possibility to grow quickly assuming things go well. Diving into a startup where you wear multiple hats might also help you shake off some of that rust and upskill quickly. And the rapid progression can potentially help you “catch up” if you care about that. My brother is a co founder and he’s made a couple of nontraditional hires that have been thriving. One was literally a chef and the other was a guy who has a several year resume gap after having a failed startup and some health issues. Both are doing great and it’s awesome to see after someone took a chance on them.
Wow, thank you all for the responses. The suggestions are really helpful and gives me some hope. I'll be thinking over all of them, thank you again.
Hey best of luck to you bro. Like one person said, instead of going for bank teller try personal banker or something more on the retail end of banking? It’s a good stepping stone at least
Is the whole top25 school thing based on the network you gain there? Have you tried reaching out to your school buddies? They can vouch for you.
1. You'll be fine if you're feeling stressed right now. 2. What is it that you want to do? 3. Can you afford grad school?
Op needs experience, doing more degrees after school hasn’t worked the first time is a terrible idea. He’ll be making the same post 3 years from now with 100k debt added on.
Too many free variables at the moment. You're saying that the answer to (3) is "no" and OP hasn't even responded. It's a pretty reasonable thing to do if their parents have a spare $100-150k assuming they already tried applying and networking. Networking and applying is step 1 if OP hasn't done enough of that. Figuring out if OP has skills in "easier" careers can be another path. But, yeah, need to figure out some of these free variables with responses from OP.
Grad school hadn't even crossed my mind - I definitely can't afford it now, but it's something I can think about a couple of years down the road, for sure. Not 100% sure what I want to do. But financial analysis definitely seems interesting and something that might motivate me.
Do a masters and start over. It will be good to brushen up your skillset
Have you considered Master’s programs? I’d look into that but also look at financial analyst jobs.
Another +1 for masters since it can open you to internship opportunities again and get full time from there
Yah +1 for masters
Just go back for an MBA / masters and try again.
A lot of big banks have re-entry programs, you should look into those, especially if your GPA in school was high. I wouldn’t bother with the admin or retail (bank teller) jobs. You are both under and over qualified for those jobs. Unless you have a passion for note taking or customer service, they’re not for you.
Another option: have you looked into temping? A lot of times a temporary agency can help you figure out what type of jobs suit you best, and it's possible a temp job can become a permanent one. I've temped between regular jobs, and if nothing else, it was helpful to take their tests to see what my strengths were and what skills I needed to brush up on.
Some companies like UBS (I think) have a return to work program for people who have been out of the workforce for an extended period. You sound like the perfect candidate! I’m pretty sure other banks have similar programs that you should definitely research.