A few weeks ago, I had a boutique sell side research firm randomly reach out to me requesting that I take this test called the Wall Street Assessment Test (WSAT). It is an hour to hour and a half online test where you are tested on financial and analytic abilities. Apparently I did well enough for a phone interview two weeks ago. This was my first real interview for a research position after my four trips out to NYC. While I felt comfortable going into the interview, it was my first so I was slightly nervous.
Last week, a regional bank also reached out to me regarding a research position. This was not as random of an encounter as the small shop. I applied for the position on the corporate website, or as I like to think about it a black pit. Since my attitude towards this approach is not bright to say the least, I reached out to a contact at the firm in research asking if he could do anything to help. He knew all the networking and learning I have been going through and must have felt comfortable enough to help me out.
These two opportunities are a purely due to my networking efforts. The first company that reached out to me somehow received my resume or heard about me through some contact I made and impressed enough to reach out on my behalf. The regional bank reached out to me not because I applied online, but due to a contact that I reached out to asking if he could pass my information along. Both of these are validation of effort that was put in through pounding the pavement and building relationships with people. As one of my contacts has told me, “you only need one”. Hopefully having two opportunities is better than one.