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Plenty of boutiques and lower tier MM IBs left. Don't give up. 

 

Forget the name of it but theres literally a thread about which banks are still recruiting.

 

yep feel the same way bro. Worked so hard to try and get SOMETHING, SOMEWHERE and it kind of feels like a spit in the face when they don't even call you for even a 15 minute call to give you the chance to answer "why [insert bank]".... a question that i'm sure we've all have prepared and never got the chance to answer

 

Is it possible to go to a good PE in this scenario? I feel like if i want to do PE i would be fucked if i dont get this cycle?

path less traveled
 

Dont worry son, you could always SHAVE YOUR HEAD and become a BUDDHIST MONK

 

Even MO/BO roles are extremely thin this year... Had a couple FO interviews pre covid but didn’t get superday. Now nothing. No FO/MO/BO/F500 . Absolutely nothing except rejection letters that appear a few a week in my inbox if not more . Plenty of other firms have ghosted me entirely. It’s getting tough to remain confident. 

 

You might want to run a mock interview with a friend that can give you honest feedback in addition you having your resume looked at. 30-40 apps is a lot for no 1st rounds.

"Markets can stay irrational longer than you can stay solvent."
 

have good leads right now but honestly feel like it's going to amount to nothing. everything is moving slow and being told to wait. 

 

I feel your pain it took me thousands of applications with probably a hit rate of 1% for me to get in IB. My situation turned out to leave me jobless at graduation and took another half year to find a job luckily with a well-known asset manager. IB came a few years later after Big 4. A very non-traditional route. It’s a grind surely, but at this point you should probably try and widen your net. And most importantly as I still firmly believe is your network that gets you through the door, the rest is on you. That’s the only thing that got me this far. Keep your chin up and realize when an L’s not salvageable, and readjust to get the W.

 

I feel you, and it's not a matter of being tough or not built for the process. It's very tough and if you're network is lacking, that's the first place to build if you're coming from a non-target. Much easier said than done in the Covid environment we're in now. I can't give advice on how best to network in this socially-lacking environment especially for a field like IB which is a very relationship-based business at the end of the day. But take your time to reflect on areas you think you can improve realistically, things will get better

 

Hey man, I completely get you. I had a first round way back in March and until September, it was just a string of no first round invites even with banks where I had multiple people pulling for me. What I did in the meantime was just keep on networking (although it felt so useless with no invites) and interview prepping, so when I did I get a shot, I wouldn't blow it. Just keep at it a lot of other MM's and boutiques are still recruiting

 

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