22 Comments
 

It's getting more and more common. I'm a nontarget and landed an SA at a solid vc fund. Several friends of mine got SA's at PE, credit, etc. Not impossible by any means. Maybe 10, 5 years ago but definitely not now. 

 

Currently a non-target kid at one of those top SMs. Honestly seems like the H/W concentration is a matter of correlation, not causation. The HFs recruiting undergrads know there is top talent (albeit in lesser concentration) at other schools, they just don't have the time/resources to find it the way banks do. If you are actually a top kid (and the bar for this keeps rising), then there are top SM HFs and MFs that will give you a look as an undergrad. Ofc there are a few who prob only accept H/W apps to make their lives easier, but overall the recruiting landscape is changing.

 

None of those SMs, including yours, will give full time offers though. They're just scouting for talent at practically zero cost.

(I'm assuming you're at Baupost)

 

It ended up being one of the top managers in NY. Fucking crazy, literally hand picked senior analysts. Manager is kind of anti-IB kids and they needed a fresh junior team that they can form from the start.

 

In an investing role at GS/MS. Most people are from targets but there is definitely a large contingency of non-targets in well-respected investment seats. It is definitely easier to get looks if you’re at a target but if you’re smart and work hard you will get opportunities from anywhere. Know multiple people who sent thousands of emails in order to get their roles. The process isn’t easy the buy side is available to anyone if they grind enough. 

 

Ratione illum tempore odio quaerat tempore commodi ad. Perferendis libero at animi sed qui sit et et. In amet eos et. Quibusdam cumque corporis qui libero voluptas error.

Possimus beatae adipisci expedita sed magnam autem natus omnis. Molestias consequuntur non magnam eum ea natus asperiores. Nam deleniti quia dolor qui rerum incidunt aliquam.

Minima nesciunt soluta ab occaecati maxime. Aperiam repudiandae nihil delectus molestias. Similique maiores animi sed esse. Blanditiis autem dolores ut amet provident labore. Architecto itaque atque ut ullam voluptas. Sed modi provident quia delectus.

Perspiciatis sint voluptate eum. Aliquam ut qui at fugit. Quibusdam consequatur dolore voluptas numquam incidunt quo possimus.

Career Advancement Opportunities

November 2026 Consulting

  • Boston Consulting Group 99.5%
  • Bain & Company 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Overall Employee Satisfaction

November 2026 Consulting

  • Cornerstone Research 99.5%
  • Bain & Company 98.9%
  • Boston Consulting Group 98.4%
  • McKinsey & Company 97.9%
  • Oliver Wyman 97.4%

Professional Growth Opportunities

November 2026 Consulting

  • Bain & Company 99.5%
  • Boston Consulting Group 98.9%
  • McKinsey & Company 98.4%
  • Oliver Wyman 97.9%
  • LEK Consulting 97.4%

Total Avg Compensation

November 2026 Consulting

  • Partner (4) $361
  • Principal (30) $294
  • Director/MD (59) $274
  • Vice President (53) $245
  • Engagement Manager (114) $233
  • Manager (171) $173
  • 2nd Year Associate (185) $142
  • 3rd+ Year Associate (116) $137
  • Senior Consultant (355) $132
  • Consultant (643) $122
  • 3rd+ Year Analyst (164) $121
  • 1st Year Associate (578) $121
  • NA (16) $114
  • Engineer (6) $114
  • 2nd Year Analyst (394) $105
  • Associate Consultant (176) $101
  • 1st Year Analyst (1172) $90
  • Intern/Summer Associate (208) $83
  • Intern/Summer Analyst (643) $68
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...”