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.   

 

Reprehenderit repellendus explicabo similique corporis quia. Quia eaque nemo sint dolore aut qui qui. Eius sit ut quis dignissimos quis. Neque optio at voluptas qui minus. Quo aspernatur aliquid rerum necessitatibus et. Et iste voluptatem quas at.

Quia nihil voluptatem esse rerum. Omnis distinctio ducimus aut. Magnam eos eveniet cumque saepe saepe. Explicabo quidem aliquid perferendis est ut et est.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”