Cutting My Losses and Moving to IB: How Does My Plan Sound?

Hey All,

Me again, the guy that let a headhunter convince him to jump ship from a $4B AUM Growth Equity fund to the soon-to-be dissolved $1B investment arm of a private trust.

Background Stats: 3.4 GPA, Top 25 School, ~$500mm closed transactions on resume, sophisticated technical skills. In my second year out of UG.

My Plan: Cut my losses and try to transition to a solid investment bank. I’m done mucking around the LMM AM world trying to find a spot at below the radar firms and want to bail into IB for the structure and stability.

My Question: What are the best resources available to start networking my way into IB?
LinkedIn and personal connects are my first line of attack, but besides that does anyone know of a good recruitment agency that works with MM firms in NY? Otherwise what online job boards are useful? Do LinkedIn applications ever get responded to?

 
 

Ea aut molestias illo sit qui maxime. Sed eveniet magnam delectus et eum. Aspernatur optio et facilis officia blanditiis. Consequuntur id enim mollitia enim omnis maxime ratione.

Ut voluptatem et repudiandae ut quas commodi. Nulla suscipit et accusantium recusandae ea. Voluptatum itaque debitis veritatis nihil quo aliquid sed necessitatibus. Vel aut dolores aut similique. Ut qui quaerat est aut enim illum. Enim odit aut voluptas non consectetur.

Voluptates perferendis et eaque. Aut aut inventore error amet tempore aliquid dolor.

Career Advancement Opportunities

May 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 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”