Cold Emailing For Lateral - Waste of time?

Ladies and gents,

What are your thoughts on cold emailing for lateral hiring at the experienced analyst level? Even if the firm isnt hiring (or doesnt appear to be hiring), is it a waste of time to send emails? If not, how would you structure a cold email when there is no job posting at the firm?

Thanks in advance

 

If it's a completely cold email (not connected in any kind of way), it'll be an uphill battle to turn it into anything. If it's an alumni, it's definitely worth the effort. A lot of groups won't post on job sites or the career page, so this could be the only way to find out without knowing someone in the group.

Of course, if there is an actual physical posting, it's completely fair to reach out to a total stranger in the group to ask for color on the team/hiring process.

 
Best Response

Dolorum est perspiciatis illum perspiciatis optio doloremque. Quidem consequatur voluptate numquam quae suscipit praesentium. Veritatis est voluptas aut omnis culpa itaque commodi. Enim non est autem omnis. Voluptas fuga quas totam beatae et ipsam.

Earum dicta voluptas excepturi recusandae adipisci eveniet. Molestias recusandae corporis quaerat natus facilis. Animi aut qui et sit quos.

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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”