I have been feeling pretty hopeless about landing a full time spot in IB. I've networked my ass off the last six months talking to hundreds of people, and still not made any progress. It sucks because I feel like in a normal year I would have def gotten a spot. I've started looking at the big four and other roles but its pretty much the same situation over there. This year sucks.
| +231 | Coverage Banking is Paradise | 29 | 6d |
| +144 | UBS preparing for a October Layoff Massacre | 105 | 1h |
| +116 | London Recruiting is Paradise | 46 | 5h |
| +77 | My Motivation Is At An All Time High | 13 | 3d |
| +55 | Work and Suicide | 23 | 1d |
| +49 | Is 7 years in banking enough to retire, or am I delusional? | 27 | 3h |
| +45 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 1h |
| +33 | MM IB --> NYC IB? | 17 | 1d |
| +27 | Should I escape the matrix | 5 | 8h |
| +24 | Negotiating VP Sign-On Bonus (NOT Tied to Deferred Comp)? | 22 | 23h |
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Maybe look into consulting
Hey man I was on the same boat last year but I can't imagine what you're going through with a pandemic underway. I will say that don't lose hope just keep your A game on, there are spots opening later during the year, some firms recruit late, and heck, there are also random opportunities popping up that you never knew existed. I got lucky by staying in touch with the right people but if your college career services and IB alum can't help you put in front of the recruiters and get you interviews, you have to cast a wider net in terms of location, divisions, and even industries.
Don't lose hope and of course, feel free to PM me for any specific questions or a call and I'm happy to help in reviewing your resume, interviewing skills and networking-wise.
Same brother. Been in so many processes and SD’s, even with model tests and the whole shebang but from my return offer to people getting the FT roles I’ve been #2 or #3 out of the spots they’ve picked.
I’m just hoping that I a) get better through interviewing and tap into info you can only realize you need once asked really and b) all these competitive Mofos get a job, and hopefully opps open up during the year at places that got shitty returns.
This recruiting year will be long. Not as many superdays as one or two postings for an office. Likely some graduates will have summer internships to get test runs before hiring. Some of 100 percent offer interns will wash. Many 2021 grads may not be settled until Dec 2021.
In 14 months it will have looked like a normal count of hires.
Not trying to go into IB but I feel your pain. Applying to so many entry-level financial analyst programs and shit and getting denied out of now here. Just praying for a good offer eventually so I can get out of this mess
I feel you. I got a 3.9+ GPA from a semi-target, an IB and PE internship, and am president of two campus organizations. I am having trouble getting interviews despite sending thousands of cold emails. I interviewed at one boutique and did not make it to the super day despite an alum pushing me since too many ivy kids with 3.9 GPAs. In the year prior, my friend (non diversity) from the same school got a position by cold applying with a slightly lower GPA and only FP&A and accounting internships.
In a similar position, but maybe a bit more hopeful. What are y'all networking numbers? I've reached out to ~350 people with 60-70 phone calls. That feels like a lot to me, but would love to hear other people's numbers.
Prob 400-500 emails, same amount of calls. Worked my ass off, just sucks to see no results
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