Do i have a chance to get into BB IB?
Hey everyone i am trying to figure out if i have any chance of landing a interview/internship/job in BB investment banking.
I just finished my sophomore year at non-target school. I am extremely active on campus, i.e. VP of Fraternity, project manager (business fraternity), entrepreneurship club, accounting association and i do tones of community service. I have decent connections with various banks. My major (accounting) GPA is a 3.7, however my overall GPA is a 3.2 (i was stuck in a wheel chair my entire freshman year and it resulted in a fall off in my GPA).
This summer i am interning in PWM as well as continuing to hold on to a job i have had for (5 years).
My first question is, do i have any chance at all in BB IB? If not can you please give suggestions or companies that i may have a better shot at focusing on for a junior year summer internship?
My second question for everyone is, should i switch majors to finance to give me a better chance or will accounting be fine (i am an accounting major because i need a fall back and feel that acc helps to keep more doors open)?
No Chance Period. Just realize that you'll be living the sick sad little life of an accountant for the next 40 years. Good luck and godspeed.
Was this really necessary?
OP, you are behind your peers. Where is your PWM SA at (a BB?). Either way I would take it. Add a finance major and work your ass off for the rest of your school years. You still have a chance of bringing that GPA up. Start cold emailing/calling various banks/firms and set up informal interviews. Take a modeling course (BIWS) and try your best to fill your resume with stuff I mentioned above.
Miami University..in Ohio. Ive been hearing about it a lot lately for no reason. Way back when I had an internship with some kids from that school. Not impressed at all.
Do a double major. start networking use alumni.
You're a sophomore in PWM, it's already an uphill battle, top non-target kids will have PWM freshman summer and boutique or MM experience sophomore summer, my advice is cold call some small firms may take you on this late in the game.
You can do it with networking and no banking internship... but you will have to network extensively, and your GPA could use a bit of a boost. You aren't that behind though, the biggest hurdle is really your GPA... You can leverage PWM to network with the IB groups as you will have some access... keep getting people on the phone and you never know what might happen.
My PWM is at Merrill and i am already registered for a modeling course next fall.
This is good... focus on what you can control for now... keep reaching out to people to talk to them about your situation, see what industry alumni have to say, and you can get there in the long run... what people like futurectdoc don't understand is that not everyone comes from the cookie cutter background, yes it may be harder, and you may have to do a MSF, but if you want it badly enough, you'll get it... work ethic trumps pedigree over a long enough time horizon, assuming that pedigree slacks off... if pedigree works harder than you then you are fucked 10 times out of 10
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