Generalist Pre-Placement Networking
For group pre-placement IB generalist programs - is networking with bankers in your target groups before the general placement program starts generally a good move, or is it discouraged?
Curious if it helps signal genuine interest or comes across as jumping the gun. Any thoughts appreciated.
Networking with bankers in your target groups before a generalist pre-placement program can be a strategic move if done thoughtfully. Based on the most helpful WSO content, here are some key considerations:
Signal Genuine Interest: Reaching out to bankers in your target groups can demonstrate your enthusiasm and proactive nature. Bankers often appreciate candidates who show genuine interest in their specific group or coverage area, as it reflects a deeper understanding of the industry.
Be Strategic and Respectful: Timing and approach matter. Avoid coming across as overly aggressive or presumptive. Frame your outreach as an opportunity to learn more about their group and the work they do, rather than explicitly lobbying for placement.
Treat It Like a Networking Call: As highlighted in WSO threads, treat every interaction with bankers as if it were a mini-interview. Be prepared to discuss your background, interests, and why you're drawn to their group. Bankers may even test your technical knowledge during these conversations.
Avoid Overstepping: While networking is encouraged, be mindful not to undermine the formal placement process. Some programs may have specific guidelines or timelines for group selection, so ensure your outreach aligns with these expectations.
Follow Up Thoughtfully: If you have meaningful conversations, follow up with a thank-you email and maintain occasional contact. Building rapport over time can help you stand out when placement decisions are made.
In summary, networking before the program starts can be beneficial if approached with tact and professionalism. It signals genuine interest and helps you build connections, but ensure your efforts complement rather than conflict with the program's structure.
Sources: https://www.wallstreetoasis.com/forum/job-search/my-2-cents-on-sa-recruiting-from-a-non-target-background?customgpt=1, 1st Yr Banking Analyst Open for Questions, Want to get me on the phone? Here's how - a networking overview., Some Thoughts on Networking, Non-Target Recruiting Guide Part I: Resume and Networking
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