Difference between EB vs BB vs MM applicant
Assuming from a target, what seperated kids who end up at each?
Assuming from a target, what seperated kids who end up at each?
| +231 | Coverage Banking is Paradise | 29 | 6d |
| +150 | UBS preparing for a October Layoff Massacre | 102 | 2h |
| +116 | London Recruiting is Paradise | 46 | 6h |
| +77 | My Motivation Is At An All Time High | 13 | 4d |
| +55 | Work and Suicide | 23 | 1d |
| +49 | Is 7 years in banking enough to retire, or am I delusional? | 27 | 5h |
| +45 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 2h |
| +34 | MM IB --> NYC IB? | 17 | 1d |
| +27 | Should I escape the matrix | 5 | 10h |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 22 | 1d |
Career Resources
connections/nepotism, networking, technical prep, and luck
missing div
Most important one. One div gtown kid went from top bb to eb solely because of div.
One thing not spelled out above but potentially ancillary to Connections/nepotism, and networking. Is just an understanding of the time line and wanting to do IB. Banks recruit so early now a days if you are not plugged into the world you miss the BB/EB train.
I find that MM banks often recruit later and will get candidates that just didn't know the BB timeline.
Thanks for the response, I appreciate it!
Mainly the applicant’s lifetime total number of women talked to (inverse relationship with “tier”)
First and foremost, I would like to say luck plays a component - one kid who was lights out technically and behaviorally ended up at a MM. One of the dumbest non-diverse kids ended up at a top BB. Sometimes you just get a poor hand or you slip through the cracks. That being said, here's general reasoning:
Diversity definitely plays a role - not meant to be a comment one way or another - but those kids have two shots at recruiting through earlier timelines and a chance to also go through banks normal timelines as well.
I would then it would be generally knowledge of the timeline - if you weren't networking, technically/behaviorally prepared by March (in my year) you weren't getting or converting interviews.
Finally, I would then say it's overall demeanor - people who took it seriously, but also knew to relax and sound like a human most of the time did better. I would argue the people who ended up getting too stressed burned out and didn't place.
So here's the nuts and bolts - take it seriously, network well, but don't kill yourself over this.
Thanks for the response! That makes complete sense. When you say march, is that march of Sophomore year for Internship recruiting? I thought the timeline was starting networking in Jan for Junior Internship
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