41 Comments
 

Thank you, I should’ve clarified in my post. I’ve branched out and have been networking for corp. banking, PE, and commercial banking. Will definitely focus more on that though, i just want any job out of undergrad doesn’t have to be IB necessarily. Thanks again

 

All it takes is one offer. Keep pushing. I didn't have a FT until recently after being dropped from my SA bc of "market changes".Apply to everything you see in the realm of finance and continue to network like your life is on the line.also I was a 3.5 from a non-target don’t let these other people fool you into believing it can’t be done although understand if you get an interview you need to ace it.

 
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This might not mean shit to you as I am a sophomore, but here is my two cents if I can throw it in from my experience. Non Target here recruiting for 2024 SA positions in IB. It sucks to be honest bro. I have had 2 super days so far (no offer), and rejected after a first round. I just completed another super day (waiting to ehar back) and completed two more first round interviews (waiting to hear back). Network as much as possible and get anyone to vouch for u. Like someone said here, all it takes is one offer. Be confident and crush any interview in ur way. Head high, and if it is meant to be then it is. 

 

It does suck. Unfortunately I’ll be graduated before 2024 SA so my current plan is to sneak into one of the seats that doesn’t get filled by an intern this summer. Will be tough but hopefully will be posting an update about how I broke into FT IB. Best of luck to you too man, I know how discouraging it can be

 

If you have one term left, you mean you are graduating in December 24? I think it’s early for FT. They don’t have a headcount until after the summer 23 interns confirm/deny their offers. Your essentially in the class of 24 recruitment wise. So I don’t think you are in a bad position at all.

Heading to a Japanese bank this summer and planning on recruiting FT. I graduate in December 23

 

Originally I was supposed to graduate Fall 23, however, I struck out this summer in terms of recruiting so I’m just going to graduate in August of this year. My plan is to fill a seat in after banks know which interns won’t be returning after this summer stint

 

August is pretty awful timing to try to land FT..next year's interns aren't starting until next summer, and someone with an August 2023 grad date isn't eligible for that (December 2023 is). Banks are not really adding extra seats right now, especially when you need an immediate start.

I'd cast as wide a net as possible - corp finance, rotational programs

 

Okay so here is my problem, I currently am a MBA student (non-target). I’m struggling because I can’t get in an internship, yet I don’t have the experience to qualify for entry level analyst. Well atleast most of them, some that I have applied only require “0-2” year’s experience, but that just means you sit at the bottom of the food chain.

 

Delay your graduation by a year (if that’s financially feasible) by either taking a 5th year or doing a 1-year masters program in something that sounds hard/relevant to finance. That’ll buy you time. 3 LMM internships definitely validates your interest. That, along with heavy networking and an extra year of time, should be sufficient to put you in a good spot.

 

Technically my b-school didn’t allow people to have a minor up until last year when they changed the curriculum. I theoretically could take an extra semester to get a minor in econ or something. Food for thought. Thanks!

 

I wouldn't totally disregard online applications - especially, if you're able to raise your GPA after this semester. I was able to secure 2023 FT coming from an extremely non-target university (not even ranked in U.S. News) through applying directly on company websites, LinkedIn, Handshake, etc. It's definitely a numbers game, but getting the GPA up as much as you can should definitely be a priority. For reference, I had a 3.71 cumulative GPA when applying. 

 

Yeah I definitely agree with you, all my internships have actually been through online apps, but they’re all LMM no-name boutiques in very small cities. Hoping to land something bigger so I want to network heavily, but I guess beggars can’t be choosers. Thanks

 

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