Connections in a different divison

I was wondering if you guys had any insight on whether having family connections in another division of a bank can be beneficial for landing summer internships. For example if I wanted to get an investment banking internship and knew an MD in S&T could they be of any help to advance my application or anything of that nature. This would be at a bulge bracket firm by the way. Thanks!

 

People know people. Connections are always a good thing to have whether they are in the division you hope to apply for or not. Now, what strikes me most is that you have jumped on the forums to pose this question rather than approaching your relative directly. My advice would be to contact your family relative and demonstrate your interest to work in a particular division at his bank. Perhaps he will put you in touch with his colleagues or may be friends at other banks? As mentioned, people know people especially considering the length of his tenure. Perhaps he will send a quick email to HR (I know family members who have worked at the same bank but unaware as to whether potential conflict of interests can raise red flags)?

Bitch please, I love bananas! If you found my advice useful, hit me up with one.
 

Old family friend, not a relative, but have already reached out to him directly and said he could try to talk to HR but didn't know how much help it would be as he'd never done anything cross divisions. Wanted to see if anyone had ever been in a similar situation and what their outcome was.

 

Ex fuga enim est quas quos. Corporis sed eos consequatur qui. Qui omnis omnis veniam fuga. Voluptate et officiis tempore. Quia fugiat nobis tenetur accusantium dicta.

Quasi maxime voluptatibus sunt voluptatem rerum. Quibusdam ea ad et labore et nemo esse. Et soluta porro voluptatem et ipsam unde.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”