I’m in my second cycle and I’m honestly shaken.
Last year I applied to 7 firms and got through the application stage at all of them (some rejections came after the VI / written exercises). I made it to 3 ACs, but I was rejected post-AC every time.
I spent the past year fixing the exact things I thought sunk me — I drilled interviews weekly, I read the FT daily, listened to the FT News Briefing, read All You Need to Know About the City, and I genuinely feel like I understand the market now. I’m far more fluent talking through deals, current trends, and events.
So far this year I’ve applied to 3 winter schemes — 3 straight rejections at the application stage. I don’t understand how it’s gone backwards.
I feel like I’ve done everything you’re “supposed” to do. I graduated with a first from an RG university and ranked in the top 5% of my cohort while working multiple jobs. I published research and was invited to present at Harvard. I sat on committees for multiple societies. I took a chance and moved to London to make this career work. I couldn’t get a paralegal role, so I’m in retail.
I don’t know anyone here (only moved to the UK to go to uni) and then to London to get a TC and build a life. I feel so stupid and SO defeated.
Right now it feels like I’m free-falling and I genuinely dont know what to do.
I’m not looking for sympathy I just need clarity. Is this normal? Are firms just this cut-throat this year? Is it algorithmic screening? Is it the market? What do I do????