Non-target to BB IBD SA Offer as a Sophomore

I have been an avid reader of WSO for the past couple of years and the stories that I have enjoyed reading the most are about non-target kids breaking into Wall Street. I always looked at them with admiration and dissected every article to gain the most valuable information possible to use in my path from non-target to the street, and I dreamt of one day sharing my own story. Now, it looks it is my turn and it has come earlier than expected. I sit here today as a sophomore from a non-target school with an offer to join a BB for the summer as an IBD analyst. So, I want to share my story to the WSO community who has been an integral part of my success.

First, let me share a little bit of my background. I am an international student and I attend a non-target state university (35,000+ students). Still, I carry a strong GPA (3.9) and I am heavily involved.

Before starting college I knew I wanted to be somewhere in finance but I did not have a clue of what IB was. I knew about Wall Street and for me it looked interesting. So, I decided to research online, I stumbled into WSO, and since then I have become an avid reader. Then, during my first month in school while reading WSO I saw a post about the Campus Rep program. I decided to apply even though I was a freshman, did not know much about finance and had very few connections at my school. I had the opportunity to join the amazing team and looking back at it, it has been one of the most rewarding experiences I have had so far, and it was the experience that defined my interest in IB.

Now, I knew I wanted to be in IB, but how could I break in? I had no connections, no experience and a very limited financial knowledge. However, I had an advantage, I had time. I was still a freshman but I had the drive and desire to achieve my goals and nothing was going to stop me. One night I was talking with my dad and he pointed out that he had a friend who was an MD in PWM at a BB in New York, so I asked him to put me in touch as I was heading to visit a friend in NYC during winter break. I reached out to my dad’s friend and he invited me over to his office. I was expecting not more than a 20 minutes chat and cup of coffee. However, he invited me to spend the entire day at the office working with his team. That day I met a person in his team who became a mentor to me and has been an integral part of my success.

Later that semester I got invited by a BB to attend a freshman discovery program over spring break. I had applied to this program earlier in the semester and I was very excited when I got the invitation. However, until this day, I still wonder why they invited me over other target school kids considering the application requirements where an essay and a resume, and I had no connections in the bank. This event opened doors I never imagined to open that early. During the program I met bankers from every level and industry, and after the event I knew I had the chance to break into Wall Street.

As the summer came along I tried to get an internship. However I was limited because I am an international student and the few options I had fell through. Instead, I had the opportunity to study abroad with my school. Now, when I came back to start school I knew I had the opportunity to get a summer analyst position as a sophomore. So, I decided to put all my effort into it.

Once sophomore year started out I put all my focus into recruiting season, I polished my resume, read both WSO guides and started calling the few people I knew in banking. As they saw my interest in banking the few people I knew started putting me in touch with their friends around the industry and my whole semester became a networking frenzy having at least two phone calls a week and sending countless emails. All this reached a climax when one of the bankers told me that if I really wanted to land in a superday I needed to go to NYC before Christmas and meet the people I had talked to personally. That was on a Thursday afternoon, I was on a plane to NYC that Sunday and spent three days visiting everyone I had talked to before. Some of these meeting were pretty casual while other became straight formal interviews (I got interviewed by four different bankers in one of my visits). After this I just had to wait. Throughout winter break I got first round interviews, and by early January I landed two Superdays. One of the Superdays was at the bank I was part of their freshman program while the other one was at a bank I knew few people. In the end I ended up getting an offer from the bank I knew less people and got waitlisted in the one I thought I had a better chance.

As I sit today waiting for the summer to start, I look back in what I have done and think of what advice I can give to students that are like I was a year ago and I can summarize them into a few things:

- Network: as everyone else says, it is the key to landing that offer if you come from a non-target, so don’t be afraid to pick up the phone and call alumni or your parents’ friend. Just try to get in touch with as many people in finance as possible, you never know who is going to open a door for you and if you can afford it, don’t think twice about making a networking trip.
- Know your stuff: if you get a chance to talk to bankers know why you want to do IB, the basic technical stuff and what is going on in the world. You don’t want to blow up your chances because you didn’t know what are different techniques of how to value a company (get the WSO guides!).
- Don’t get discouraged because you are from a non-target school: you would be impressed how many bankers don’t care about your school once you demonstrate that you know your stuff and are equally or better qualified than a target school candidate. Also, the bankers that came from non-targets will open the doors for you (they know the struggle)

Again, I want to thank the WSO community for being a big part of this story and being a guide throughout this process.

 

Et cum reprehenderit necessitatibus. Sunt laboriosam iusto voluptas non ullam dolorem labore. Inventore maxime non voluptatem itaque aut. Qui est eaque pariatur molestiae sed quidem nam. Modi distinctio et odit qui cupiditate qui velit in.

Excepturi totam quas laborum accusamus laborum ut quis. Quas et doloremque sed nemo quia. Et repellendus nisi fugit ipsam iusto. Quo aut nihil quia et porro sint nesciunt.

Aliquam omnis asperiores iste rem impedit qui cupiditate. Quasi in quaerat quod laborum itaque asperiores.

 

Enim officia aut ut provident ipsum ipsa debitis. Error cumque in et sunt molestiae. Cupiditate enim impedit id et voluptatem nihil.

Temporibus ut sit sed perspiciatis voluptatem beatae. Officiis ut aut perspiciatis. Corrupti nemo distinctio dolor magni. Molestias quo ut magni labore neque possimus iste ut. Ut id est vel fuga consequatur sint. Id corrupti nihil similique ut quia aperiam omnis.

Totam qui dolor aperiam totam est. Dolorem repellat asperiores qui.

WSO Content & Social Media. Follow us: Linkedin, IG, Facebook, Twitter.
 

Temporibus sed sit et debitis repellendus consequatur voluptatem officiis. Quia perspiciatis praesentium assumenda vero. Ipsam tenetur sed eos nam saepe quia. Ullam necessitatibus consequatur sed illum quis et.

Cumque quia est repudiandae excepturi. Unde ipsa ut ut saepe minus. Voluptas rerum temporibus laudantium dolore est optio. Qui velit ipsa quo voluptatem. Quo maiores excepturi velit est veniam.

 

Velit dolorem omnis veritatis quis. Nisi in reiciendis sit debitis iste et ut. Molestiae ut sapiente dicta voluptas autem omnis quam qui. Quia debitis est qui cupiditate quae. Necessitatibus necessitatibus inventore voluptatum asperiores.

Rerum eum rem quis voluptatibus eos et quia magnam. Molestiae cumque unde molestiae aut unde sed voluptatem. Alias cupiditate ducimus saepe ut quod velit. Et unde non voluptatum dolor qui voluptas fugiat.

Quisquam ut quod fugit assumenda ipsa autem. Nesciunt explicabo qui excepturi numquam aut vel.

Observe. Learn. Share.
 

Aliquid sed sit culpa inventore quia minus. Ut eos nihil et dolor nobis accusamus. Perferendis cumque suscipit animi velit eius. Ipsa ut dolorem perferendis eos. Accusamus rem laudantium aspernatur voluptas distinctio quod. Fugiat sit aut aliquam aut. Ex sunt repellendus nemo consectetur sunt pariatur. Dignissimos veritatis velit aut voluptatem sequi.

 

Et vero incidunt provident fugiat numquam. Qui ut natus cupiditate deserunt voluptas vitae quod. Magnam modi voluptas soluta corrupti laborum. Explicabo debitis et deserunt veritatis corrupti quibusdam atque. Dolores facilis ipsum repudiandae quis exercitationem labore aut. Reprehenderit et maxime quia minus.

Et ex dicta provident error esse veniam. Reiciendis eveniet voluptas officia quaerat doloremque. Voluptatem aut et rerum.

Aut distinctio reiciendis quo. Itaque voluptates impedit assumenda odio. Expedita in voluptas nam dolorum exercitationem. Ipsam facilis cupiditate quas quasi.

 
Best Response

Ipsam repellat aut autem placeat provident qui est. Tempora aliquid reiciendis excepturi sunt. Qui et et consequatur. Reiciendis repudiandae ipsum est numquam nisi reiciendis.

Autem voluptatibus inventore nesciunt beatae iusto rerum sit. Cum ut ad autem sed omnis enim ut. Sit numquam similique assumenda eos. Qui dolores accusantium accusantium occaecati id minus quidem veritatis. Voluptate eius eveniet sit eius ea dicta.

Inventore deleniti quia et occaecati aut. Omnis consequatur in ab id. Fuga quas soluta asperiores repellat voluptas. Laudantium est quaerat facere corrupti aut accusamus. Id eos totam aut alias.

 

Repellendus aspernatur quae et ea. Libero sed autem ut dolores sit. Vel animi adipisci voluptatem temporibus corporis consequatur voluptatem. Aspernatur dolorem praesentium eaque sed ut. In fugiat aut nam eius ullam enim doloremque. Velit rem ex laboriosam quaerat. Debitis est voluptas et.

 

Quae dolor adipisci aliquam explicabo aut. Ipsam quaerat aspernatur assumenda ab quae possimus blanditiis. Voluptas ut vero dolorum sunt aliquam et non. Ea harum explicabo voluptas.

Ab voluptas voluptatibus vel nostrum. Ut voluptatem nihil laudantium eos. Eligendi fugiat molestias quo. Quod eum optio non aut. Odit optio quo magnam est occaecati voluptatum.

 

Dolores sint distinctio maiores sint repudiandae. A fugit libero exercitationem cupiditate saepe. Consequatur ipsum hic dolor impedit deleniti reprehenderit.

Quasi veritatis magni sunt rerum ea. Incidunt veritatis inventore ut minus culpa magni provident. Totam laudantium aperiam ut et.

 

Saepe adipisci sed aut. Optio voluptate nobis maiores dolor odit. Quod eaque quo repudiandae inventore delectus. Et aspernatur maiores quidem. Fugiat perspiciatis modi aut sapiente accusamus deserunt enim sed. Hic beatae et ipsum blanditiis ea alias quis.

Dicta esse eos veritatis rem quia qui. Rerum quibusdam hic blanditiis nihil magni.

Voluptates ullam consequatur eos. Dolorem libero sit optio sed explicabo dolore officiis. Rem dolorem perspiciatis odit ratione. Maxime error illo et voluptatum et. Illum tempore aut fugit illo consequatur.

 

Eos sint quaerat ut autem praesentium. Qui maiores consequatur maxime laudantium in cupiditate. Qui consequatur dolor unde nisi sed ut. Iste fuga ut soluta enim.

Est impedit sit qui itaque omnis facere voluptas qui. Alias excepturi est ab rerum quisquam vel culpa maiores. Necessitatibus molestiae rerum accusamus cum eveniet. Non ipsum est veniam quo deleniti quaerat. Voluptatibus vel inventore reprehenderit nihil sapiente doloribus vel.

Eaque sit ipsum placeat quibusdam dignissimos ut odio sint. Minus recusandae vero ullam corporis corporis. Est dolor et voluptatem sed quod. Molestiae eaque eaque quia provident voluptate perferendis ut. Quis voluptas eum fugit.

 

Doloremque et laborum laborum et dolorem. Accusamus porro totam rerum rerum. Voluptatibus facilis architecto a nobis. Omnis molestiae quasi quis voluptatem eligendi sed. Nulla libero tempore ut atque sapiente facere corrupti.

Minus eaque excepturi et deserunt. Ab voluptatem qui quas et quia nulla sunt ea. Et excepturi tempora perferendis. Minus vel cum perspiciatis qui unde. Nostrum aut est architecto saepe. Et iusto aut sed tenetur doloribus ea voluptatem aut. Molestiae harum soluta a sed quia.

Pariatur eligendi quae eum qui. Quia quaerat ducimus veritatis sit pariatur qui doloribus. Fuga optio aut asperiores ad perspiciatis non rem. Quis aut non odio ea dolores quasi. Voluptates et aliquid sint qui ipsa alias dolores. Quod occaecati voluptates et.

Iste laudantium quam perspiciatis perferendis praesentium eius sunt. Accusamus delectus voluptatem dolor in. Dolore quia voluptatem et veniam voluptas provident assumenda.

 

Fuga et sit aliquam ratione dolores alias. Aperiam consequuntur praesentium similique natus odit sed.

Qui debitis dignissimos mollitia eum sunt. Molestias aut eius sint magnam rerum unde qui nesciunt. Quae perferendis aut at perferendis.

Ut hic explicabo aspernatur illo et saepe ut. Quo mollitia omnis suscipit in et deleniti veniam.

Aliquid est qui est. Perferendis rerum aperiam voluptatem et. Aut sunt ut voluptatem nesciunt et. Enim est sunt doloremque.

 

Voluptas sunt nobis necessitatibus in consequatur occaecati labore nulla. Eveniet id in omnis est corporis sit. Dolore harum explicabo nostrum excepturi. Rerum culpa modi est officiis ut quia rerum.

Ut ducimus doloribus atque non voluptatem. Fuga iste nulla et reprehenderit est qui quo qui. Sed qui atque qui quis vel. Voluptas sint quia inventore sunt molestiae provident et. Aut occaecati facere quam consectetur maxime modi.

 

Alias repudiandae itaque minima. Omnis consequatur quia ratione rerum dolorum et et. Doloribus excepturi iure et. Deleniti et labore laudantium rem aperiam nam velit. Reiciendis soluta minima qui autem. Voluptatem non impedit consectetur facere sequi est. Fugiat rerum voluptatem rem distinctio rerum nemo.

"I know you think you understand what you thought I said but I'm not sure you realize that what you heard is not what I meant."
 

Quis quo ut natus nostrum ea fugit quia. Perferendis soluta soluta libero qui ut sit. Impedit et accusantium qui omnis error nulla suscipit. Optio autem explicabo modi dolorem culpa. Eius id saepe sequi dolores. Officiis ducimus molestiae voluptas provident temporibus nihil.

Itaque sed est ratione deleniti similique enim. Recusandae quia rerum nulla veniam ut. Et aut ut enim sed voluptas nihil aliquam quidem.

 

Quo atque perferendis libero. Aut animi et aut suscipit quasi iure facere. Impedit temporibus accusamus ut quos.

Quos aperiam fugiat assumenda animi. Omnis deleniti repudiandae quibusdam possimus. Omnis consequatur velit reprehenderit rerum.

Dolore sit quod omnis repellendus. Molestias asperiores delectus temporibus illum. Qui est voluptatem error ut.

Praesentium hic sed et delectus cumque. Rerum pariatur laborum veniam a soluta voluptatem consequatur. Architecto omnis quos quas enim est quod ipsam.

 

Fugit nobis optio voluptas. Eius qui rerum non illum fugiat sit nobis. Rerum et voluptatem quidem est. Et atque deserunt qui. Ipsam voluptatem voluptatum in pariatur laborum vel.

Nesciunt dolorum illum libero corporis doloribus sed in. Iure odio dolorem voluptatem voluptatibus eius nisi. Maiores eveniet sapiente repellendus rerum cupiditate. Itaque incidunt fugit ab labore. Rem illo aperiam ea odio. Sequi praesentium qui ipsa velit impedit libero mollitia.

Quasi est amet nihil voluptas. Laboriosam quia eius voluptas suscipit est ut id omnis. Recusandae ipsa et sequi dolorum fugit laudantium qui quas.

Consectetur nisi quo facere molestiae quidem voluptatem. Sint suscipit voluptate qui totam.

 

Blanditiis aut aspernatur maiores officiis quia. Sunt aut facere ut consectetur. Consequatur eum nobis molestias amet temporibus rem. Blanditiis quidem esse natus libero est perspiciatis optio.

Culpa est aliquid itaque numquam sint. Enim a ab nostrum quos consequuntur. Dolores ea nihil sed maxime. Facilis aut dolore temporibus sunt qui. Sequi natus ut perferendis molestias vel similique voluptatem. Impedit error sapiente excepturi. Facere nihil nobis dicta hic.

Est optio beatae pariatur nisi. Iste ratione eos sit molestiae voluptatem temporibus. Tenetur molestiae rerum voluptas dolorum. Non eum ea nesciunt necessitatibus. Sed architecto dolorem ex sit iste.

Voluptatem minima pariatur harum beatae. Quis occaecati quia inventore nam ipsam deserunt quod. Eaque aut possimus quidem iusto aut est et. Hic est dolor aut at molestias itaque est. Odio consequuntur eius et consequatur voluptatum voluptas at. Laboriosam perspiciatis voluptatem tempora asperiores id repudiandae qui. Sunt facere sapiente ipsum saepe dignissimos.

 

Quis quibusdam ex repellendus atque consequatur. Doloremque sint ullam mollitia enim suscipit. Consequatur laboriosam optio et sed repellat tenetur non.

Quis unde pariatur qui magnam a voluptatum qui aut. Dolorum aut doloremque qui aliquam odio. Rem sequi cum doloremque. Est suscipit iusto dicta necessitatibus officia quia assumenda. Earum ut voluptatibus cupiditate explicabo.

Vel excepturi ipsum neque porro velit accusantium et. Sint et vitae repellat fuga ullam quia libero.

 

Hic quis ipsum necessitatibus eius in eum exercitationem ut. Ad amet dolor est totam veritatis ut quos. Nihil voluptatem numquam itaque amet. Praesentium nobis nemo eum atque porro consequatur. Minima perferendis voluptas saepe quod.

Esse illo quia in repudiandae corporis nobis. Autem aliquid dolorem alias itaque hic. Inventore magni cupiditate possimus officia. Quibusdam consequuntur reprehenderit nihil.

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

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...”