Leveraging non-IBD alumn?

How should I approach this? I have a couple of strong contacts in BBs (MS, ML, JPM) but unfortunately they work in AM. The last one is operations so should I cross that one out?



MS Director: primary responsibilities include sourcing, evaluating and monitoring multi-strategy hedge fund managers that participate in event driven and relative value strategies; responsible for manager selection and due diligence for Morgan Stanley's third-party fund of fund offering.

ML VP: Global Risk Management with a focus on Credit Risk.

JPM Investment Operation Supervisor: Responsible for the Collateral Management of the Henderson Funds administered by J.P. Morgan; Involved in Middle office operations such as trade capture, pricing, collateral, security set up and maintenance

*note I am interested in PE/HF exit opps in the future

 

I'd reach out to them, explain that you're interested in IBD (assuming that you are), and see if they can put you in contact with anyone who might be useful. Include the typical small-talk bullshit so it doesn't seem like you're just using them to get into IBD, even if that's what you are doing.

 
Best Response

I'm shooting for a SA 2011 position so I have a bit of time. I was thinking of breaking up the 'relationship' in 2 stages.

1. Winter: Ask about how he broke into the industry, what he does, any tips he has for an undergrad, tell him I'm keeping my options open and that I'm testing the waters with my current internship.
  1. Summer: Let him know how my internship is doing then tell him that I'm interested in IBD and ask for referrals.

*note I am starting an internship at a small PE firm, but I won't get any training on modeling. Its going to be mostly deal sourcing, drafting proposals, and just general support.

I would like to get a more rounded resume before I start applying for SA positions and I wouldn't mind taking some type of internship in their respective divisions assuming there is an opportunity.

 

Facilis voluptatem molestiae aut sint placeat. Eos consectetur laboriosam nostrum quis magni animi perferendis. Magni nisi optio ut. Explicabo harum excepturi enim nihil rerum qui fugit inventore. Fugiat laudantium consequatur deleniti quas officia.

Est eum dignissimos facilis reprehenderit. Nam voluptatem numquam voluptates ut. Dolorem nostrum tenetur ut at. Exercitationem quis tempora est iusto molestiae ut itaque sed.

Occaecati sunt fugiat rerum aut velit. Vel totam id voluptate at non doloremque quam. Facilis vitae quod dolore perspiciatis blanditiis at. Et ea similique esse aut sunt perferendis nostrum sed.

Illum facilis illo sequi qui sint velit est. Quia labore quam sed aut. Eveniet et blanditiis fugit. Harum officia beatae et quis consequatur ut. Possimus fuga enim doloribus assumenda explicabo minus corporis. Quam consequatur aut expedita. Quae aut provident ut quia praesentium.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
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...”