Am I cooked?

Hello all,


This is my first post and is just about my situation and my chances of breaking into the jobs that I want to. Any comments are appreciated, guidance would be gladly received and thank you in advance 


So, about me: Final year student, Newcastle University, reading human geography (surprisingly relevant with a good mix of qualitative and quantitative modules). My work experience has consisted of a week at a hedge fund, various online courses and an internship at another fund but not a well recognised one and one which unfortunately does not offer full time positions afterwards. I have a possible week of work experience at an AM firm this summer and I have also been talking to a PWM in New York who has offered me an off-cycle internship post-summer.


The goal is to land a job in asset management; if I were to be very specific it would be a value oriented, long-only equity growth fund but I am open to exploring roles within other strategies, credit, sell-side research- ER or CR, discretionary investment management, even private banking (I do like working with clients). I have also explored accountancy because while the thought of external audit bores the pants off me, many a PM have said to me it would be a good way in.


So far, I have had little luck with graduate schemes into the big asset managers. I know that this is largely because I didn't intern with them, but those are the cards that I was dealt. Regardless of my prior experience, I am now graduating with little chance of employment within this industry in the immediate future.


It is at this juncture that I welcome the thoughts and advice of WSO. As far as I can see, my options are as follows: I can continue cold calling boutique fund managers to see if they will offer me anything, I can do a masters (I have been looking at the applied econ at Bath and also the investment course at Nottingham), I can pursue the CFA or IMC self-funded or I can just take a year out and re-apply next season.


To be honest, this is just not where I wanted to be and I slightly feel like my chances are slipping away from me; hence I ask: am I cooked?

Do I have a chance of getting anything

Yes
38% (15 votes)
No
63% (25 votes)
Total votes: 40
 
[Comment removed by mod team]
 

You may be cooked. AM and hedge funds are notoriously hard to recruit into even for top Undergrads (Oxbridge, LSE) who have good experience (multiple spring weeks and solid SA). Would hedge your bets and try and recruit for accountancy or private banking if I was you.

 

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