Do I really need to network

Target with very good internship experience and good grades, have had 20+ chats already but they feel like a huge waste of time. Do I really need to make both parties suffer by talking to random alumni on the phone to get an interview? 

3 Comments
 

No. But you probably won't get the job either. IB isn't really an intellectually demanding role, so the technical tests they can ask are really limited, meaning they don't have much to filter applicants on. So, they filter based on who the teams know, and networking is how you do that. 

 

Interesting, I’ve always heard that networking is to only get a first round and after that you’re in the fire by yourself. No problem cold networking, just think time can be better spent. 

 

Laboriosam aut ducimus et officia autem quaerat veniam. Tempora in in et eos pariatur in. Et provident ut velit quis voluptas. Dicta dolores dolorem ullam vel. Eum laudantium dolores qui iusto autem sunt velit quae. Fugiat neque dolorem esse.

Ad inventore vel perspiciatis ratione molestias facere adipisci. Laudantium possimus dolor numquam unde quisquam possimus. Earum quasi et modi consequatur doloribus dolorem. Tempora sed perferendis sed esse qui aliquid aut.

Sequi et maxime voluptas unde sapiente. Sunt pariatur eos adipisci commodi cupiditate non. Tenetur enim quo iste ipsa occaecati. Incidunt dolorem aspernatur aut voluptas omnis qui vitae.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8
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...”