Also received IB phone interviews, how have you guys been reaching out to your contacts when it comes time to submitting the application? As in how do you go about letting them know you've applied

"I've never seen a Ferrari paid for by what people think." - ANT
 

When it comes to applications, I've found them to be more of a formality. I had interviews at 5 banks and none were because of the application. In fact, I recently accepted an offer at a bank and filled out the application after I signed the offer.

Every interview I got, whether it was first round or superday, was because of my own personal networking/alumni network at my school.

For reference, I go to a Big Ten school in the Midwest that isn't a target school.

 
Best Response

I've had the same experience. I have had interviews at 3 banks, and have 2 BB phone interviews coming up, all of which have been the result of networking. Come to think of it, I don't think I have submitted apps to 2-3 of the banks I have been speaking with. Non-target recruiting generally occurs earlier than target, and it seems as if most banks are already to the super-day point in their recruiting process, with phone screenings occurring in November.

Now this is all for IBD, not entirely sure if the timeline is different for ECM/DCM, but if I were you I'd reach out to any contacts I have made for updates in the process, and if you don't have any, try to reach out to HR.

As mentioned by Bateman, also a Big Ten student that is by no means a target school.

Best of luck.

"My name's Ralph Cox, and I'm from where ever's not gonna get me hit"
 

Rerum ipsa odio autem non. Accusamus facere odit enim adipisci nam. Earum et sit aut ut molestias.

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...”