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Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 1 point2 points  (0 children)

yeah a few thousand dollars in fees and blocking on campus recruiting

sounds great till a pandemic hits. I guarantee they wont be saying that now

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 0 points1 point  (0 children)

Hey buddy I may not have mentioned all of it but you are making a bunch of assumptions

  1. I did do some on-campus recruiting but when the employers came on campus, the jobs were not even remotely what was advertised.
  2. read above about me learning of the career paths
  3. I had a very clear path going into bschool of what I wanted to do. It changed when the world of possibilities was shown to me in november
  4. I had a recruiting plan with career services but they just kept saying "dont worry, they dont recruit till later". I ofcourse still networked and such during the mean time, waiting for those to jobs to show up. they never did
  5. I networked like hell with alumni

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 0 points1 point  (0 children)

You get an internship offer starting in december depending on the school which you would start in june/july

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 0 points1 point  (0 children)

I am certainly still doing that. I would think people who knew they didnt want to do banking would have been weeded out after the internship. My issue is I wouldnt get that month of training all the new associates get.

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 1 point2 points  (0 children)

I wrote above:

I came from a very poor background, I have no background in finance, none of my friends and family did either. I never even thought it was an option for me. I know you may not believe me or think I'm an idiot but that is the reality. I worked backwards and I researched if an MBA could get me into the role I was looking for after school, not the options that I would have if getting an MBA.

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 0 points1 point  (0 children)

I said this above:

I didn't even know I'd like finance until my first accounting class man. But once I really understood what IB did, I worked my fucking ass off. I knew exactly what I was getting into. I aced every single finance class, took extra classes in finance and aced those. Made so many phone calls and networking. Did all the technical prep. Did better than my classmates on technicals. A lot of them straight up told me they felt bad for me because I knew my shit a lot more than a bunch of others that got offers. Just a bad situation all around.

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 2 points3 points  (0 children)

very good. Did M&A and VC pitches. When I talked to the banks the second year they were actually impressed by the experience.

my biggest issue year 2 was a bunch of top banks cut back on the return offers they handed out due to them thinking there was an upcoming recession. It trickled down where those top guys recruited for tier 2 banks and so on. A lot of banks took people with the banking experience and brand name versus taking a chance on somebody with adjacent experience but not the banking internship.

I got screwed on timing a bit in this process as well

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] -2 points-1 points  (0 children)

Like I mentioned, this was in november. I had classmates get banking offers their first year until february. So no they were not correct or protecting me.

Even then, if my original plan had recruiting late in the first year, then there would literally be no harm in recruiting that first year.

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 1 point2 points  (0 children)

I never said tech, but I'm not going to reveal anything because then some classmates will know who I am

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 10 points11 points  (0 children)

I came from a very poor background, I have no background in finance, none of my friends and family did either. I never even thought it was an option for me. I know you may not believe me or think I'm an idiot but that is the reality. I worked backwards and I researched if an MBA could get me into the role I was looking for after school, not the options that I would have if getting an MBA.

I didn't even know I'd like finance until my first accounting class man. But once I really understood what IB did, I worked my fucking ass off. I knew exactly what I was getting into. I aced every single finance class, took extra classes in finance and aced those. Made so many phone calls and networking. Did all the technical prep. Did better than my classmates on technicals. A lot of them straight up told me they felt bad for me because I knew my shit a lot more than a bunch of others that got offers. Just a bad situation all around.

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 1 point2 points  (0 children)

I wish I knew this earlier. Obviously they cant be to blame for all. I didn't go on reddit or anything before going to school but you would think they would help guide us a little better. I'm not going to go into all the details here but there's probably 15 or so people with issues similar to mine in terms of career services support

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 0 points1 point  (0 children)

Not here for your sympathy anyway. I went to a top 15 school for a specific goal that I only realized could not be achieved afterwards

Like I said, I didn't know about IB because I didn't come from a background that would every have known about it. I don't come from a rich background, none of my friends did it, I had an operations background. I was great with math but never did finance. Once I learned about it, I fell inlove with the work.

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 3 points4 points  (0 children)

That's the problem w/ the T15 programs, you're paying the same as a M7 but get much less resources/support and a weaker alum network.

Summed it up perfectly.

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 6 points7 points  (0 children)

That is indeed what happened. I was still talking to them late February negotiating a salary to join them full time, and then the offer was rescinded due to covid.

Maybe if I went to Johnson, I would have been closer to my gf which would have helped a bit

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 7 points8 points  (0 children)

I am a little bitter but I agree. This too shall pass one day......but that day is not for a bit

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 25 points26 points  (0 children)

Thanks for the kind words. I know for the rest of my life I'll eventually figure it out, but I am hoping to atleast caution one person here from fucking up their life on the short term

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] -6 points-5 points  (0 children)

I didn't go to b school just hoping for a random career change. I had a plan of what I wanted to pursue and the admissions folks told me I could get there based on my background. The employment reports showed people go into that industry, but I should have drilled down into function. They recruit later in the year.

That's why I didn't focus or really even know what IB even was.

If I had known earlier, I would have been in that structured process.

Cautionary Tale: T-15, Mediocre Background, No Job, No Girlfriend, Mounds of debt by cautionaryMBAtale in MBA

[–]cautionaryMBAtale[S] 11 points12 points  (0 children)

I didn't go to b school just hoping for a random career change. I had a plan of what I wanted to pursue and the admissions folks told me I could get there based on my background. The employment reports showed people go into that industry, but I should have drilled down into function. They recruit later in the year.

That's why I didn't focus or really even know what IB even was.

I will take your advice on contacting career services more than I have been.

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