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My friends & I have top degrees. None of us can get banking jobs

I have a first-class degree in mathematics from a Russell Group university. Most of my friends have first-class degrees from the same university. None of us can find jobs working in finance.

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I graduated over nine months ago. Since then, I’ve applied to every single graduate opportunity available in my field. None of them were successful. I’ve expanded my search criteria – still nothing.

At University, we were told by recruiters at careers fairs not to do a year in industry, because no one cared if you did one. But the people I know who did do a year in industry found jobs much, much quicker and easier than we did.

We were also told not to do summer internships. Or, at most, to do summer internships that weren’t too stressful. So, we got jobs outside of the industry to tide the summer over – as bartenders and baristas and what have you. I worked at a golf club for a bit. So much for that.

One of my friends, however, went through a slightly different process. He didn’t get a first –only a 2:1 – but he did find himself a support network that actually taught him how to get a job - application processes, the importance of interning, that sort of thing.

And he did - after two years of searching - finally get a job earlier this week. It only took a bunch of internships across two continents, hundreds of applications, and parents that could support him being a full-time jobseeker.

What’s next for me? Some travelling, I think. And then I’ll have to find a master’s degree to do, still in finance, so I can apply to all the internships that I was told to skip over as an undergraduate. It’s not a fun prospect, but I do want a job in finance – and if this is the only way now, then it’s what needs to be done.

If you have any advice, please, I’m more than happy to hear it. Drop it into the comment box below.

Christopher Marlowe is a pseudonym.

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AUTHORChristopher Marlowe Insider Comment
  • si
    sirius
    1 February 2025

    Is having a degree from a Russell Group University just code for not having a degree from Oxford/Cambridge? And probably not even from one of the top 10 in the group? In which case I know why you are having a hard time finding a job.

  • Ro
    Robster
    31 January 2025

    this is a joke post right?

    Everyone knows you have to be on it for internships

    IF your applying for a masters you have to do your GMAT and apply a year before entry!

  • si
    siliconV
    31 January 2025

    Recruiters are salespeople who need a 'conveyor belt of bodies' on which to make commission.

  • Be
    Bewdor
    31 January 2025

    This article has to be engagement bait. If you thought critically about, and then still followed, advice not to get experience, you don’t deserve a job anywhere.

  • Un
    UncleBob
    30 January 2025

    "What’s next for me? Some travelling, I think." ??

    If this is your response to your situation you should find another field of work. Get a job as a frikin bank teller ffs, ANYTHING!

    Every day in finance is F'ing superbowl, every day is game day, if you dont have that killer attitude you have no place in this business.

    Go teach yoga, pull coffee, pour drinks, much more your speed.

    Best of luck!

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