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They're still pretty competitive. These pre-internship events tend to take women, black and Hispanic kids from targets w/ great stats. These a real mostly for freshman and sophomores so they don't have much to judge you off of other than your target school and gpa. They're really only useful for networking and most importantly they're basically a shure shot for a first round interview.

 

To put it into perspective, last school year I was a freshman at a well known probably non target private school, with a very well formatted resume with great work experience and over 3.5 gpa, and was still beat out by a target student I know, who "I personally" believe to be lesser qualified. But that's just the nature of the game. Just work hard and make sure to network.

 

Thank you. The thing is I'm a sophomore. if I network with alumni for these banks but don't get accepted, when I become a junior, I don't know if these alumni are willing to help me again. Since I'm not in target school, alumni network on wall street is kind of precious thing that needs to be used wisely... that's my concern

 

Yes.

We were told right up front in one BB firm's diversity program that if you apply and nobody from that firm's network recognizes the name, then your resume gets chucked immediately.

 
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