Post: #26

You need to get job experience.

No one will look at you if you have a Masters and zero finance experience.

If I were you, continue with the masters since it is free (parents are doing you a huge favor) and you should spend 12 hours a day finding a unpaid or paid internship.

Your problem reads like a résumé that simply says "business degree". This is just like going to an MBA program with no job experience, you're screwed.

Think about it like this, if you were interviewing two people 1) has done a similar job before, 2) has more education. Who are you gonna hire?

No brainer you hire the guy who can do the job.

Seeing lots of candidates like this now, people go to college and get a 3.5+ with no job experience and expect a legit firm to hire them. GTFO. (Yes that sounds harsh but it's the truth)

By the time you are done with 4 years of school you should have 4-6 jobs/internships (paid or unpaid).

The longer you go with no experience the worse it gets. All employers know, work performance can be unrelated to school performance.

Education is never a replacement for experience because businesses are run to make money. How does your masters degree increase their bottom line? It doesn't.

If you had say 5 years of hard experience and then got more connections because you got higher education... That's a different story.

TL;DR how are your actions making the firm money? This is the only thing that matters.

Post: #27

A masters is completely worthless, if you don't have experience under your belt. Corporations are going to shred your resume, if they look at your resume because it says this person is, "too overqualified" for this position. And they are also going to be worried about you moving to a different company for a higher salary or position. They simply won't want to take the chance of spending money to make you learn the ropes, if you have a masters and no experience. It's bad news, trust me.

Post: #28

(08-16-2013 09:47 AM)WestCoast Wrote:  Seeing lots of candidates like this now, people go to college and get a 3.5+ with no job experience and expect a legit firm to hire them. GTFO. (Yes that sounds harsh but it's the truth)

By the time you are done with 4 years of school you should have 4-6 jobs/internships (paid or unpaid).

The longer you go with no experience the worse it gets. All employers know, work performance can be unrelated to school performance.

lol. True, it's a vicious circle, need job experience to get a job, but you need a job to get job experience.

Some cheeky cunts even post entry level ads, but then you discover they were actually looking for someone with experience. lol da fuq?

Internships can be a mixed bag when it comes to employment though.

nek Wrote:A masters is completely worthless, if you don't have experience under your belt. Corporations are going to shred your resume, if they look at your resume because it says this person is, "too overqualified" for this position. And they are also going to be worried about you moving to a different company for a higher salary or position. They simply won't want to take the chance of spending money to make you learn the ropes, if you have a masters and no experience. It's bad news, trust me.

Would you apply this to all master degrees or just those relating to finance?

Because I'm in a similar situation, but I don't know if in a more scientific/technical field it doesn't hold.

Post: #29

1. Why did you pick this particular school and program? (Its a private school, hence very expensive)

I was going by a few business magazine rankings (Financial Times), the school is ranked pretty high in Europe. However, I don't know how reflective these rankings are of the actual preferences of employers.

2. Do you speak Spanish? (getting a job in Spain pretty much requires this)

No I don't (learning), the masters is in English though

3. What are the job prospects in Madrid/Spain after graduating? (Spain's economy is completely fu**ed right now, with nearly 25% unemployment among people under 25)

Very weak, I would probably look for work elsewhere

(08-16-2013 03:45 AM)capote Wrote:  1. Why did you pick this particular school and program? (Its a private school, hence very expensive)

2. Do you speak Spanish? (getting a job in Spain pretty much requires this)

3. What are the job prospects in Madrid/Spain after graduating? (Spain's economy is completely fu**ed right now, with nearly 25% unemployment among people under 25)

In my opinion, this has a high chance of failing. A better option would be to hustle at home, pick up new skills, learn a new language with the intention of moving to a new country that has good work opportunities (French/German/Spanish) and then apply next year for a Masters (or wait 2 years and then go for an MBA).

Post: #30

(08-16-2013 06:47 AM)Akula Wrote:  Do u need to repay your Dad or are you just worried about him spending the money??

I need to pay him back

Post: #31

(08-16-2013 08:13 AM)j r Wrote:  Judgin from your first post and the fact that you're ready to drop out after a week, I'm guessing that your problems go deeper than just deciding whether to do a masters or not.

You need to dig down and figure out what's making you so emo. Some people use secisions as an excuse to put off doing anything. You may be one of those people. Fix it now before you do anything else. Once you're coming from a place of relative inner peace, the decisions become easier.

There is some truth to this. Two years of employer rejections, living with family in a small town I have no connection with, in a town a have little friends in, and within a UK culture which I reject, has certainly had its toll on me.

Post: #32

What you probably need is a change in scenary, geographically and psychologically.

I had also felt this way, living with my parents, graduated with a B.A. with only a shitty entry level job at the bank to show for it and $25k in debt, along with other negative relationships and connections to fuel my negative energy. The anxiety, the bad gut feelings, waking up every morning and already counting down the hours till the end of the day, all that crap.

Worked my white collar job for 2 years to pay off my debt, while learning that white collar work wasn't for me. So I decided I had to get out of my toxic environment, moved to another province on my own and started fresh.

Best decision I've ever made. Definitely the happiest I've ever been, knowing that I fully control my life.