If you were only to read this blog, you'd think the non-targets, lowapplicants could never break into IB, much less obtain gainful employment at all. Well I'm here to tell not every kid in high finance is a 4.0 Ivy leaguer. I graduated from a top 20 but non-target school with a 3.0 GPA. I didn't have a 3.0 cuz I was stupid, it's cuz I spent all nights at the bar. Not proud of that now, but it's the truth.
Spent 2 years at a commercial bank and now moved into an analyst role at a MM i-bank (Blair,, etc.) I had no connections, but was lucky enough to have my resume picked off the pile, interviewed well, and communicated that I had the passion and aptitude for the job. Sure I'm 2 years older than the average analyst, but it won't matter in the long run.
My point is, if I had only listened to those around me and on this blog, I would have never bothered applying. But don't close the door on yourself. It CAN happen. Good luck!!