Yes, it seems like nothing can stand in the way of my transition to the finance world in London any more. After a long detour, it seems like my dream of working in Sales & Trading will come true. More details later. All I can say is that it has been much tougher than I thought. Along the way, I had some rejections based on the fact that the interviewers didn't believe I was really committed to a career change. But finally, somebody saw that I actually do want to work in investment banking rather than in consulting.
Now the challenge will be finding a great desk to work with, which will be exciting. In any case I am so happy this is over. These past weeks were really tough. They shortlist 40 people, and in the end they take 5 and reject some great candidates for reasons such as "you spoke a bit fast in the interview and some of your answers were too long" (true story!!!). Another great one I heard today was someone who was told after M&A interviews that his accounting knowledge was too weak, when the guy had worked as a tax accountant for 6 years prior to the MBA! You choose which explanation is more ridiculous, in any case they came from the same bank :-). It's very hard, and there are less people with offers than I expected, especially in markets. In IBD there are some offers but also less than expected. Probably, I can give a better picture next week when most things are decided, right now is really the first days of offers.
I wish everyone out there good luck! Hang in there and don't be discouraged by weird rejections, in the end it will work out.
One thing I have been impressed by throughout the whole process is how great the second years at London Business School are! They have been incredibly helpful sharing advice about interviewing, conducting mock interviews, calming us down, hosting workshops on brainteasers and excel valuations. I don't know how it is at other schools but I have great gratitude to the 2nd years and I hope I can be of equal help to the class of 2009 next year! Special thanks to fellow blogger King Myles from the Finance Club!