Does everyone who goes to LSE who wants to do IB get into IB?

I didn't go to LSE but I did go to a target school.

I've had like a hundred IB and Equity Research interviews and quite a few second round interviews as well as final round interviews.

Mum thinks the reason I'm not getting past final round interviews is because I didn't go to LSE

I don't know whether she's right and I'm thinking of doing a masters at LSE if she is right.

I'd like to believe that companies aren't intentionally interviewing me with the intention of rejecting me because my university isn't LSE.

But does everyone who goes to LSE who wants to work in Investment Banking get into IB?

Or is it like only a small percentage of people who make it into IB from those who apply at LSE?

Nobody seems to want to hire me and mum is convinced that going to LSE would have changed my interview outcomes. 

I don't know what to believe. 

15 Comments
 
Funniest

No, sometimes you’re just in the left hand side of the normal distribution

 
Most Helpful

Your school doesn't matter once you passed the screening, proof is that you got some 2nd round. 

If you had final round interviews and didn't go through, there might be something off with the way you interact (overconfident, too shy, too nerdy, whatever really, idk you). Students really underestimate how much fit is important, and if you came up as someone interviewer would like to work with, they will find a way to have a seat for you.

To anwser your question about people at LSE, definitely not. I did a master at LSE (finance related) and good chunk of people didn't get into IB (hard to tell how much of a choice this was) and most of those who did had prior experience. Going into an LSE master without prior finance experience is a waste of money quite honestly because the counterpart of LSE is that it's such a big institution that you are competing with too many people

 

Intern in PE - LBOs

Your school doesn't matter once you passed the screening, proof is that you got some 2nd round. 

If you had final round interviews and didn't go through, there might be something off with the way you interact (overconfident, too shy, too nerdy, whatever really, idk you). Students really underestimate how much fit is important, and if you came up as someone interviewer would like to work with, they will find a way to have a seat for you.

To anwser your question about people at LSE, definitely not. I did a master at LSE (finance related) and good chunk of people didn't get into IB (hard to tell how much of a choice this was) and most of those who did had prior experience. Going into an LSE master without prior finance experience is a waste of money quite honestly because the counterpart of LSE is that it's such a big institution that you are competing with too many people

What about subject choice? Does that matter say if you went to Warwick? 

I did Economics so I don't think it's the subject but more of a general question. 

I've had interview after interview followed by the standard rejection email. I don't know what I'm doing wrong either - I've passed my CFA Level 1 (this is for Equity Research interviews) and I'm taking CFA Level 2 this summer. 

The feedback is always 'there were stronger candidates'. Every interview seems to be incredibly technical and almost as if the interviewer is sceptical that I want the role. 

 

Not everyone at LSE is guaranteed success, even if they put in their best effort to break into banking. What sets LSE apart, however, is the high proportion of people who are determined to do so. Attending LSE with the goal of entering banking means you’ll likely meet a lot of like-minded individuals with similar ambitions. While this doesn’t guarantee success, it does increase the chances of connecting with peers who are going through the same interview process. These connections can be invaluable for practice, including mock interviews, which can help you improve.

Furthermore, the large number of applicants at LSE gives you an advantage in understanding the interview processes at different firms, as you’ll likely hear about experiences from others.

If you’ve had hundreds of interviews without success, it might be down to you. The real value of LSE (or Oxbridge) comes from getting your foot in the door—securing the interview. After that, it’s all up to you.

 

[email protected]

Not everyone at LSE is guaranteed success, even if they put in their best effort to break into banking. What sets LSE apart, however, is the high proportion of people who are determined to do so. Attending LSE with the goal of entering banking means you’ll likely meet a lot of like-minded individuals with similar ambitions. While this doesn’t guarantee success, it does increase the chances of connecting with peers who are going through the same interview process. These connections can be invaluable for practice, including mock interviews, which can help you improve.

Furthermore, the large number of applicants at LSE gives you an advantage in understanding the interview processes at different firms, as you’ll likely hear about experiences from others.

If you’ve had hundreds of interviews without success, it might be down to you. The real value of LSE (or Oxbridge) comes from getting your foot in the door—securing the interview. After that, it’s all up to you.

What about subject choice? Does that matter say if you went to Warwick? 

I did Economics so I don't think it's the subject but more of a general question. 

I've had interview after interview followed by the standard rejection email. I don't know what I'm doing wrong either - I've passed my CFA Level 1 (this is for Equity Research interviews) and I'm taking CFA Level 2 this summer. 

The feedback is always 'there were stronger candidates'. 

 

After screening, university does not matter as much. It's probably a problem that you have during final rounds, are you acing technicals? Do you fit well into the company? How do you act during the final round etc. Also, getting 100's of first rounds is insane. I know people from LSE that didn't get a single first round summer analyst interview this cycle, partly because the recruitment process in the UK is quite random.

 

Prospect in IB-M&A

After screening, university does not matter as much. It's probably a problem that you have during final rounds, are you acing technicals? Do you fit well into the company? How do you act during the final round etc. Also, getting 100's of first rounds is insane. I know people from LSE that didn't get a single first round summer analyst interview this cycle, partly because the recruitment process in the UK is quite random.

It's not 100 rounds over a single year. 

It's like 100 rounds over 4 years from 2nd year of university to now. 

My average at the moment is 1 interview a month but nothing ever happens beyond it. It's exhausting. 

 

Commodi quidem provident voluptatibus amet impedit. Ut et qui rem. Sint placeat porro rerum. Maxime dicta voluptates et. Quis qui ex repellendus aut dolorem reiciendis natus. Est aut error et.

Error in nemo consequatur sit temporibus velit. Quia repudiandae dolorum dolor rem voluptate enim. Ea amet magni sapiente est ea quo. Porro deserunt debitis et qui enim. Debitis rerum harum illum quibusdam fugiat voluptatem.

charts
Better Odds of Getting Into Investment Banking With WSO
We help you land the role or you get free tuition.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”