What are my chances?
(Senior Chimp, 27
Points)
on 9/3/06 at 7:59pm
I transferred to DePaul University in Chicago this fall. I am a Junior. Currently pursuing a Bachelors in Finance. What are my chances of employment at one of the investment banks? Thanks.





GPA
what's yoru GPA?
3.7
3.7
network
I know if I apply to any of top 20 banks, I will have my resume thrown out the window. So my question is, how does one network? How do you contact a alumni and get them to push your resume? Thanks in advance.
DePaul won't get you
DePaul won't get you anywhere with the bulge bracket banks, but there are plenty of mid-market banks that would consider you.
Research the banks that focus on middle market transactions (under $500 Million)
So I would have to start in
So I would have to start in the middle market. Are there positions in Sales & Trading in middle market? Thanks.
Looks like I am getting the
Looks like I am getting the same treatment as I would in bulge bracket banks in here. That's really sad. But it isn't impossible, look at Chase's CEO, he's not from a ivy league school. Things can happen, and I will reach one of the bulge bracket banks sooner or later, that is my promise.
gpa
If your GPA is 3.7, feel free to send out your resume to any bank. I currently work at a BB, have been at 2 other BB's in the last 7 years and am responsible for hiring and managing my group. Some people are big on pedigree but I personally would rather take a 3.7 from DePaul than a 3.0 for UPenn.
If you know someone at a BB, don't be shy. Give your resume and have them try to give it to the right people. Last few people I hired were not from IVY. they graduated from Penn State, Mellon, Rutgers, G-town.
Don't be discouraged by talks of not being able to get into a BB. That's crap. With that said, some banks such as Goldman love pedigree and a Stanford, Harvard resume almost guarantees you get in. FYI, most senior management aside from Goldman are not from Ivy.
-citi- ceo USC- Gtown
-morgan stanley- ceo- duke
vice chair- Umich
-Lehman- ceo- Univ. of colorado- NYC
coo- Hofstra
anyone that tells you that BB is only reserved for Ivy is full of crap and themselves.
Thanks for the info
Thanks for the info jologolf. I was talking to some alumnis and was surprised to see that some of them were at MS, JPCHASE, etc. I don't plan to give up. DePaul is a good bschool as far as Undergraduate goes. I will keep you uptodate on how it goes. Thanks again.