Going through a difficult period
It’s been more than two years that I am applying to BB and MM banks in IB. Completed 350+ applications so far, mostly in Paris but also in London.
Coming from a target school in Europe with no IB experience yet.
Acknowledged BIWS by heart, did my networking and went to networking events, so felt like I was prepared well for interviews.
Have interviewed to a few BB, EB and solid MM firms for SA and OC positions but could’t land an offer.
I feel like I always get robbed because most of the recruitment in France is based on your dad’s connections.
Even when I make it to AC and ace technical/competency based questions, they take people who already have an IB experience and don’t give a shot to people who can learn and adapt quickly.
I started to question the whole concept of merit because it seems like nothing is based on merit here.
How do you guys keep up to not give up ?
Is London based more on merit than Paris ?
What would be your advice to land offers ?
Thanks
Bump
What about smaller, boutique firms? What year are you? much of the recruitment is very fixed based on graduation years so if you don't land something in the ~6 month period for your year, the rest of the 2 years is kind of meaningless.
It sounds like you are missing something if you are getting interviews and not converting - behavioral is likely, or no experience. IB experience helps but it's not the end all be all in student recruitment. Do you have other internships?
At the end of the day most kids landing IB don't have family connections. If you're at a target school you have every opportunity to land IB. It's definitely luck of the draw to some extent, but you're acknowledging other kids had internships or perhaps better resumes. Also, you can easily move up to a BB/EB from a smaller boutique firm, so limiting yourself to only top tier firms when you are not landing offers is not a good idea.
Thank your for your valuable feedback.I am a penultimate year master's degree student, doing a gap-year to complete OC internships. I have 6-month experience in Big 4 audit.Is it possible to improve behavorial ? If so, how ?Duly noted, I will apply to smaller boutique firms, seems like the right thing to do.
You can absolutely improve behavioral. Get someone from your school (not your best friend, but an acquaintance perhaps) to do a few mock interviews with you, or even pay one of the WSO mentors to do a mock phone call. People might say "you're too monotone, try to sound more excited" "you don't talk about your experience in a cohesive enough way" "you don't seem to understand what banking actually is"
just some examples but a lot of the time you just need to reword answers or present a little differently
Thanks for these advice, I appreciate it
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