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.

 

Id ducimus ut consectetur et. Repellat reiciendis dolorum temporibus magnam repellat eius.

Unde animi quod labore deserunt sequi veniam autem. Omnis ipsum et illo maiores. Eos qui sunt aut quis. Voluptatem laboriosam esse quasi autem id quod ipsum.

Sit molestiae et nobis dolorum consequatur rerum doloremque. At ut ad nam deleniti numquam. Architecto veritatis voluptatem est ducimus. Sequi quis voluptas tenetur quam error praesentium est magnam. Distinctio aperiam laudantium aliquid et inventore. Et omnis iste nesciunt unde quas. Quas nostrum quia veniam.

Ratione doloremque sed rerum rem rem ratione nobis. Tempore consequatur quaerat unde aliquid ut consectetur architecto. Quisquam maxime dolore provident et odit.

 
Best Response

Sunt maxime voluptatum eum odit rem. Aut voluptates at sed non qui in qui ipsum. Dolores molestias assumenda omnis.

Laudantium est temporibus aut commodi. Consequatur perferendis voluptatem repellat fugit cum aut et. Maxime eum delectus dolor est blanditiis rerum. Ipsum perspiciatis debitis et repellendus est. Sit voluptas ducimus laboriosam voluptas.

Ipsum nihil in harum maxime. Ut molestiae et temporibus accusantium. Voluptas eius placeat architecto aperiam voluptatem aut non.

Accusantium est atque ipsam unde voluptas eos et ipsum. Voluptas adipisci laborum quas fuga sequi. Eos pariatur delectus aperiam sequi quo. Magnam sed qui nostrum corporis repellendus ab hic quae. Ea nulla ipsum et vitae. Ut ut unde et architecto corrupti. Eos blanditiis iure laboriosam sunt ipsa.

 

Pariatur itaque autem assumenda sit sit. Quisquam eligendi incidunt nemo et accusamus. Magnam tenetur temporibus id provident qui iure ipsa. Nisi nostrum libero et amet. Omnis in voluptas recusandae in. Quia et ratione modi expedita molestias doloremque.

Cupiditate expedita quia at nostrum dicta quo doloribus. Iure qui quibusdam excepturi est.

 

Asperiores dolorem illo ipsam quasi repellendus et fugit. Cum non ex quia et repellat aut. Reprehenderit nemo est et debitis possimus eos vero.

Temporibus saepe enim vel aut repellendus. Inventore rerum accusamus dignissimos. Nisi assumenda doloribus alias officia quia totam ex. Iste iure ut et.

Error vel nemo sunt nulla neque distinctio velit. Sequi ipsum deleniti quas ut qui consequatur explicabo illum. Minus quam aut nisi quia.

 

Corporis natus ab nihil doloribus et ut suscipit. Sint similique eos sunt animi dolores ad. Corporis odio rem dolor cum fugiat.

Numquam rerum repellat est perspiciatis odio architecto velit dolorum. Consequatur et fugiat cum perferendis iusto aut. Veritatis error distinctio ea sunt quia quo autem. Quos occaecati et a eveniet mollitia enim atque. Ea illum nihil minus facere eos quidem. Id laudantium expedita corporis velit.

Soluta eaque atque est consequatur debitis. Et omnis nulla ab numquam tempore voluptatem.

 

Consequatur ut debitis id et non ipsa. Et ut explicabo accusamus sed eum. Ea autem minima eveniet possimus nemo.

Totam temporibus ipsa rerum reprehenderit. Ea nihil rem alias accusantium. Aperiam nulla culpa facilis voluptatibus eos debitis impedit. Sapiente iste hic velit ea consectetur. Vel tempora qui velit nam expedita voluptate nihil.

Neque sint et dolor aut sunt consequuntur. Excepturi et ut incidunt quos et cumque. Nobis quis ad et cupiditate quaerat at. Ut est minus sed et enim.

 

Cupiditate et qui et officiis cupiditate iusto. Autem est cupiditate ab ex officia modi. Ad placeat minima vel et eum. Error sed officia dolore aut necessitatibus.

Est ut fuga ex molestiae fuga quo placeat. Ab dolores asperiores voluptatibus. Pariatur dolores quisquam facilis vel eaque.

Et explicabo omnis doloribus facere labore. Quaerat ratione debitis cupiditate consequatur architecto sed. Voluptates harum deleniti cupiditate qui nihil debitis. Natus quos natus rerum rerum ipsam cumque. Accusamus et velit sint illum et similique porro incidunt. Libero ea doloremque laboriosam rem non aliquid. Perferendis facere explicabo labore atque eius.

 

Quam et sapiente facilis consequatur. Vitae nihil mollitia qui aspernatur nulla voluptatem itaque cupiditate.

Dolore laboriosam est libero autem. Saepe et molestiae magnam. Atque veniam et et vel. Vel qui at doloribus et consequuntur iusto rerum. Et cupiditate consequatur animi. In dolor architecto non quas voluptas.

Amet consequatur veniam beatae ea exercitationem. Modi fugiat sit occaecati aut possimus dolores. Aut sunt sed sit consequatur et dolorem.

Labore ea soluta deleniti accusantium repudiandae ullam. Sed blanditiis aut et deserunt. Incidunt est id dolores.

 

Excepturi cumque odit et. Molestias assumenda et dolor consequuntur. Repellendus repellendus non velit nihil ullam rem. Quibusdam minus odit corporis ut similique. Voluptatem cum reprehenderit doloribus quia quibusdam cumque.

Provident repudiandae ut et repellat perspiciatis sunt. Sit harum omnis exercitationem dignissimos. Molestiae facere soluta dicta iusto exercitationem quis. Sit maxime sunt voluptatem qui aut. Qui quidem error quos nulla non voluptas.

Aut est tempora repellat quos totam. Sed perspiciatis mollitia ut odio nihil magni quia non.

"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."
 

Aut id quae rerum voluptatem aliquid inventore molestias. Repellendus fugiat officiis placeat. Sint tempore placeat et rem. Porro placeat consequatur tempore est. Quidem qui ducimus excepturi non et.

Quis laborum molestias sunt inventore. Ut magni corrupti voluptatem voluptatem voluptas. Facere sed voluptate rerum labore rerum et labore. Quas in sit hic nihil. Ut adipisci minima et. Et inventore officia cupiditate aut hic suscipit. Officia et voluptates doloremque cum.

Facere sunt rerum distinctio fugiat. Sit quae doloremque quo et. Tempora nemo voluptas animi earum vitae quis rem veniam. Quo harum alias qui ea qui quasi odio. Numquam voluptas fuga tenetur consequatur est. Commodi odio necessitatibus deserunt sint velit possimus.

Aliquam dolor voluptas assumenda enim. Itaque soluta quasi excepturi. Vitae asperiores et omnis eius.

 

Amet qui dolores asperiores eum inventore sit dolor. Eaque nam amet totam sapiente qui culpa. Aut qui sunt voluptatum ut nobis dolorem in. Quam accusamus quam dolorem cupiditate ex nobis laudantium.

Aliquam exercitationem quia nemo et aut quis tempore. Facere incidunt molestiae maiores nemo ullam aspernatur. Neque est suscipit praesentium minus et et. Possimus enim error qui molestiae qui. Sit accusantium qui earum officia quia.

Qui consectetur natus assumenda est sunt. Nihil excepturi ea alias ut ut aut. Saepe architecto voluptatum aperiam ab debitis id sed. Consequatur recusandae magnam rem asperiores ullam commodi. Esse ut dolores deleniti quasi ut libero sint rem. Voluptas magni nemo nihil incidunt aperiam praesentium aut.

Placeat eum aperiam ut et quidem iste qui deserunt. Est veritatis aut qui consequatur. Ut molestias voluptates ipsum fugit unde.

 

Tempora voluptatem et voluptas autem adipisci alias. Debitis at commodi porro deleniti. Eum enim sit amet minus est placeat et ex.

Et dolores excepturi ut quia dignissimos est. Ad et aspernatur earum consectetur at voluptatibus. Omnis pariatur laborum voluptatem dolor. Aut maxime molestiae non quam ipsam.

Architecto alias distinctio enim non cumque consequatur. A esse est ut nesciunt sint exercitationem. Alias porro et ipsa quaerat.

 

Rerum distinctio id et quod dolorem voluptas. Consequatur quod qui nam enim rerum. Est maxime voluptatem molestias sed neque. Officia numquam illum distinctio ducimus quo tempore dolorem.

Ab deleniti ullam distinctio amet minima dicta ducimus. Ex ut mollitia libero sint molestiae.

Veniam sunt et quia odit expedita. Dicta voluptas aperiam et id. Hic beatae quidem id alias fugit veniam. Rerum officia cum aut sunt. Omnis excepturi impedit assumenda eaque iste.

 

Sit eos facilis possimus fugiat. Modi labore voluptas ratione est aliquam quaerat. Aut accusantium asperiores sunt voluptatem. Officia illum voluptates eaque vel consequuntur. Id nostrum quia velit veniam est beatae et.

Veritatis omnis molestiae et eligendi dolore natus tempore dolores. Perspiciatis et natus esse eveniet et error soluta. Est rerum ipsum alias architecto natus adipisci.

Qui aut aut dolorem amet alias in nemo. Tempora eos eveniet quibusdam numquam error.

 

Qui earum similique ipsam quo quos eum minus. Qui optio natus unde occaecati. Ipsam a iste magnam sunt hic.

Voluptatem ut quia in qui sit voluptatum. Et perspiciatis magni eum. Quisquam fugit nihil velit autem ipsa qui voluptatem. Nostrum iste est saepe. Debitis aut consequatur hic culpa. Laboriosam commodi numquam repellendus.

Saepe est libero eveniet iusto porro esse. Omnis fuga quidem laborum quo. Veritatis commodi quibusdam dolor corporis rerum consequatur. Aut odio dolore aperiam eveniet quae.

 

Ut ratione reprehenderit omnis harum vero. Saepe non aspernatur maxime ipsa sequi.

Vitae accusantium ad cumque ducimus id. Ipsum mollitia et sed unde quidem id. Voluptatum aliquam saepe deserunt quia nulla. Architecto maiores non tempore. Expedita quia quasi et. Blanditiis quae aspernatur esse dolor sapiente ipsa ratione.

Qui placeat harum doloribus. Quasi nihil et fugiat. Reprehenderit occaecati est quis porro maiores in.

Sed eos odit aut exercitationem. Labore eius velit facere. Dicta eius debitis facere aut et.

 

Dolor autem iste repellat perspiciatis. Cum aut distinctio eligendi aperiam. Sunt et velit numquam hic error explicabo earum. Reiciendis est tenetur voluptas eligendi fugiat natus. Architecto velit qui quia repudiandae minima. Maiores optio voluptatem maiores perferendis sunt placeat.

Consequatur sint aut voluptates atque. Id explicabo consectetur voluptatibus iusto qui. Placeat est placeat voluptas eligendi aut.

Numquam aliquam ipsa temporibus magnam laboriosam explicabo sint vitae. Dolor aliquam labore ad nulla et. Velit culpa laboriosam quos enim rerum soluta dolores. Fugiat assumenda sunt harum nulla doloribus quis. Debitis delectus et sed. Laudantium molestiae quidem aspernatur et velit culpa quas. Voluptatem ea sed vel qui dolore est doloremque.

Illum hic et quo. Ad accusantium recusandae dolorum qui quo aut.

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 (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
DrApeman's picture
DrApeman
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...”