How cooked am I IB recruitment

Based on the most helpful WSO content, your situation isn't uncommon, and while it may feel discouraging, you're not entirely "cooked." Here's a breakdown of your position and actionable advice:

1. Semi-Target and Bare Minimum GPA: Coming from a semi-target with a lower GPA does make the process more challenging, but it's not impossible. Many have broken into IB from similar situations by leveraging strong networking and persistence.

2. Late Start in IB Recruiting: Starting in October/November puts you at a disadvantage since IB recruiting timelines have shifted earlier in recent years. Many summer analyst roles are filled by then, and full-time recruiting is even more competitive. However, your networking efforts are commendable and can still yield results.

3. Networking Calls: While 2-7 calls a week is solid, the key is quality over quantity. Focus on building genuine relationships rather than just ticking off calls. As one WSO thread suggests, aim to connect on a personal level during these conversations, as strong referrals can significantly boost your chances.

4. Hirevues and No IB Family Connections: Getting Hirevues is a positive sign—it means your resume is making it through initial screens. However, without strong connections or referrals, it can be harder to stand out. Keep pushing for referrals from those you've networked with, as they can help move your application forward.

5. Technical and Market Knowledge: Knowing your technicals and market knowledge well is a big plus. Continue refining these skills, as they will be critical in interviews.

Next Steps:

• Target Regional Boutiques: As highlighted in WSO threads, regional boutiques are often more accessible for candidates from non-targets or semi-targets. They can serve as a stepping stone to larger firms later.
• Expand Networking: If you're not seeing results, consider reaching out to alumni or professionals at smaller firms or in less competitive regions. Sometimes, a smaller network can yield better results.
• Persistence: Full-time recruiting is a grind, and even highly qualified candidates face rejection. Keep applying, networking, and improving your pitch.
• Backup Plans: Consider roles in corporate finance, Big 4 advisory, or other finance-related fields as a backup. These can provide valuable experience and a pathway to IB later.

You're not "cooked," but the road ahead will require persistence and adaptability. Keep pushing, and don't hesitate to pivot to alternative paths if needed.

Sources: Non-Target with Great Experience and 4.0 GPA - How do I get people to talk to me when Networking or turn HR's head when I apply?, 2019 Investment Banking Full Time Recruiting - Do I Have a Chance?, Q&A: Semi-Target/3.5GPA -> Mid-Tier BB IB SA (Advice/Ask Me Anything), Breaking Into Banking: Your Timetable is Everything, Non-Target Recruiting Guide Part I: Resume and Networking