7 Comments
 

Based on the most helpful WSO content, the perception of non-target hires in NYC IB can vary, but there are some common themes:

  1. Initial Perception: Non-target hires often face skepticism initially, especially in environments where Ivy League or semi-target backgrounds dominate. This skepticism stems from the assumption that non-target candidates may lack the same level of preparation or pedigree. However, this perception is not universal and depends on the firm's culture and the individuals on the team.

  2. Proving Yourself: Non-target hires who "grind their way" into IB often gain respect by demonstrating strong technical skills, work ethic, and resilience. Many on the floor recognize that breaking into IB from a non-target requires significant effort, networking, and determination, which can work in your favor once you're in.

  3. Treatment on the Floor: While there might be an initial bias, performance tends to outweigh pedigree over time. If you consistently deliver high-quality work, meet deadlines, and contribute positively to the team, your background becomes less relevant. However, you may need to work harder initially to prove yourself compared to peers from target schools.

  4. MSF Consideration: Pursuing an MSF from a reputable school like Vanderbilt, Georgetown, or Emory can help enhance your credibility and open doors to better networking opportunities. It signals a commitment to furthering your education and can help bridge the gap between a non-target undergrad and a more prestigious network. However, the value of an MSF depends on your career goals and whether the program aligns with your aspirations.

  5. Networking and Alumni Support: Non-target alumni often form tight-knit networks and are willing to support others from similar backgrounds. Leveraging these connections can help you gain credibility and build relationships within the industry.

Ultimately, while non-target hires may face initial hurdles, the respect and credibility you gain will largely depend on your performance, attitude, and ability to build relationships within your firm. Keep grinding, and you'll find that your work speaks louder than your background.

Sources: Q&A: Headhunter/Recruiter - M&A Investment Banking, The Case for Choosing a Non-Target, Target HIGH SCHOOLS for iBanking colleges, Non-Target hustled like hell, got offer at BX/Apollo/KKR, but feeling urge to get prestigious degree?, Target is Paradise

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 
Most Helpful

non target a2a at a Top BB (GS/JPM), the biggest thing holding back "non-targets" is their own insecurity and victimhood, if you come across as a strong candidate and prove it with your work you will be fine

 

As someone who did an MSF at a school like the ones you mentioned (probably slightly lower tier) no one cares. I work with more people who went to public schools at my bank than private schools. All that matters is you do your job and get things done.

Additionally, just look at the laterals you’ll see. Literally will see people from “no name” universities at UMM PE/PC. All that matters post a year is experience

 

Dolor aut facilis error voluptatem. Sed voluptas inventore error reiciendis autem quis illo qui.

Aut aut maxime voluptatem ut et. Itaque sequi et aut blanditiis dolores. Quos aliquid corporis itaque eos consequuntur laborum rerum ipsa. Quisquam quasi nobis blanditiis et dolores doloribus ut. Labore repudiandae explicabo assumenda qui corrupti.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
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...”