Do people who really try for IB ever just not make it? (Bay Street)

Basically title. I just started at a target in Canada (think QC/UWOAEO) and while I'm a very high achieving student and I plan to become very involved in EC's the potential of not landing a SA gig or a FT offer terrifies me after footing 100k over 4 years. I'm just curious if it's as competitive as people say it is, I've seen people on WSO say there are 100 applicants for every IBD spot and I really don't know what I would do if this didn't work.

Thoughts?

6 Comments
 

I'm in the same boat as you but the people that are competitive for IB are competitive for other "high-paying" jobs as well. If you don't land IB you can go to corporate finance and lateral or equity research or S&T and if you have a good GPA at a target it shouldn't be very hard to land the interviews.

 
"differentialequations12" `100k over 15 years @ 3% is 700/mo.

Annoying and shitty yes, but hardly life-ruining.

How do you get 3%? Im paying like 6.5% right now on my OSAP for a non-target BBA and its 400/month over 10 years. Brutal.

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