Based on the most helpful WSO content, having a "random" STEM major at a target Ivy League school doesn't necessarily "cook" your chances for investment banking. Here's why:
Target School Advantage: Being at a target school already gives you a significant edge. Many firms recruit heavily from these schools, and your major matters less as long as you can demonstrate intelligence, work ethic, and interest in finance.
GPA Matters: A competitive GPA is a strong asset. It signals that you're capable of handling rigorous work, which is crucial in IB.
Lack of Finance Internships: While not ideal, this isn't a dealbreaker. Many candidates pivot into IB without prior finance experience. You’ll need to craft a compelling narrative about why you're interested in finance and how your STEM background equips you with analytical and problem-solving skills relevant to the role.
Networking is Key: Without finance internships, networking becomes even more critical. Leverage alumni from your school, attend firm events, and connect with professionals in the industry to build relationships and secure interviews.
Preparation: Make sure you're well-prepared for technical and behavioral interviews. Use resources like the WSO IB Prep Course to master the technicals and refine your story.
Boutiques and Smaller Firms: If you're struggling to land interviews at bulge brackets or elite boutiques, consider targeting regional boutiques or smaller firms. These can serve as a stepping stone to larger opportunities later.
In summary, you're not "cooked," but you'll need to hustle. Focus on networking, crafting a strong story, and acing interviews to overcome the lack of finance internships.
You're chilling if your GPA is good. Just try to get involvement in finance clubs and an off-cycle internship to demonstrate your interest before recruiting.
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Based on the most helpful WSO content, having a "random" STEM major at a target Ivy League school doesn't necessarily "cook" your chances for investment banking. Here's why:
Target School Advantage: Being at a target school already gives you a significant edge. Many firms recruit heavily from these schools, and your major matters less as long as you can demonstrate intelligence, work ethic, and interest in finance.
GPA Matters: A competitive GPA is a strong asset. It signals that you're capable of handling rigorous work, which is crucial in IB.
Lack of Finance Internships: While not ideal, this isn't a dealbreaker. Many candidates pivot into IB without prior finance experience. You’ll need to craft a compelling narrative about why you're interested in finance and how your STEM background equips you with analytical and problem-solving skills relevant to the role.
Networking is Key: Without finance internships, networking becomes even more critical. Leverage alumni from your school, attend firm events, and connect with professionals in the industry to build relationships and secure interviews.
Preparation: Make sure you're well-prepared for technical and behavioral interviews. Use resources like the WSO IB Prep Course to master the technicals and refine your story.
Boutiques and Smaller Firms: If you're struggling to land interviews at bulge brackets or elite boutiques, consider targeting regional boutiques or smaller firms. These can serve as a stepping stone to larger opportunities later.
In summary, you're not "cooked," but you'll need to hustle. Focus on networking, crafting a strong story, and acing interviews to overcome the lack of finance internships.
Sources: Target students who don't make it, 2019 Investment Banking Full Time Recruiting - Do I Have a Chance?, What should I major in to get into investment banking from a non-target school?, https://www.wallstreetoasis.com/forum/investment-banking/systemic-oppression-of-non-target-students?customgpt=1, Non-Target Recruiting Guide Part I: Resume and Networking
You're chilling if your GPA is good. Just try to get involvement in finance clubs and an off-cycle internship to demonstrate your interest before recruiting.
I did it 😭🫡
Knew you were chilling, congrats
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Voluptatem saepe reiciendis voluptatem aliquid. Rerum et veniam quibusdam laudantium eveniet dolorum. Iure id et sed quasi.
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