Differences between target and non-target recruiting?
Over the past couple months, I've been checking out some posts on this forum and reading websites like M&I that talk about the importance of referrals for getting interviews for IBD SA. My school is a strong target for IB, and after talking to some upperclassmen here, a lot of them have said that there is no real referral system and I should focus on talking to people on our campus recruiting team and get them to like me. They also said referrals usually only apply to banks where our school doesn't have much of a presence and isn't necessarily a target, and analysts/associates would be able to refer you to get an interview.
With that said, I was wondering if anyone could shed some more light into this and clarify what some of the differences are between recruiting at target schools and non-target schools? I'm still a little confused about the campus recruiting team aspect
if a firm comes to your campus then you should heavily talk to the OCR team. They will have a lot of say and "usually" are the same team every year. However networking is always good to do. As you may not be able to get a referral, but if you are interviewing with someone that you have talked to before that can make a big difference in your ability to get an offer.
As, the IB scene gets more competitive the more you network the better off you are. To answer your question though, Non-targets typically don't have OCR and need to network harder to overcome this. On top of that, Non- targets will typically have fewer alumni in prevalent roles and need to "get lucky" to connect with someone.
I come from a non-target in the West Coast and did no networking to get my superday at a BB for 2021 SA. I killed the Hirevue and had a strong resume to get past everything. It seems that some banks, especially BB, are shifting away from the traditional target/non-target.
JPM specifically tries hard to by pass elite schools. They want talent from non-target. Will be interesting to see the outcome
JPM specifically tries hard to by pass elite schools. They want talent from non-target. Will be interesting to see the outcome
Damn, did you get the offer?
Yeah got it.
That's impressive. I'm apparently not very good at HireVues lol. I got one for GS and BofA and didn't make it past either.
If I may ask, what school is this ? I go to CSULB so I’m wondering how much of a non-target your school is compared to mine lmao
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