good school but not recruited by this BANK

I go to Amherst college, which I've heard is a semi-target. But Credit Suisse dosnt have on campus recruiting/resume drop. I really want to work for Credit Suisse as an SA.

Does this mean that Amherst is just the same as Community College in their eyes? Is the only thing that I can do just drop my resume off in their website and down that blackhole, never to be heard from again?

What's the lowdown on good schools that certain banks dont visit? Are students restricted to online resume drop and 0% of getting an interview?

Thanks in advance!

15 Comments
 

amherst should have a great alumni base, go through them. I was happy to see that my LAC has people very high up in all banks and the best hedge funds and private equity, though they are few.

Ive been told by a division head at CS that their recruiting is among the most rigid, but with an alum behind you that should be no problem.

In my experience, the bigger banks don't always value pure "thinking" ability the way that the buyside does, so if you're flexible you might want to consider branching out as well bc you could get lucky and start on the buyside , if that's at all attractive to you.

 

I want to work for CS because its a solid bank and I really wanna be close to a friend whos there (but back office, first year, no weight in recruiting)...

This is a question about CS but it can be applied to any other bank. What is the best thing to do in this case?

Everyone knows how rigid and structured ibanking recruiting is. Somehow I'm in doubt that you can just short circuit the whole process by having an alum take care of your resume. If it's that easy then wouldnt even "non-targets" be able to have their "powerful alumni" hand in their resume?

Does this mean Amherst is a non-target to CS?

 

its not that amherst will be seen as a community college. its that, unless you network, you have no way to apply except through online. now don't get me wrong, amherst is an awesome school, but even if you're a rocket scientist the online application process is a blackhole.

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Alot of the BBs like GS and MS recruit at Amherst. Im just asking because I'm attracted to CS as one of the BB firms I'd like to apply to and it's an interesting question seeing how Amherst is a good school, just not recruited by CS. So I wanted to see what the process would be like.

Given that some analyst/associate alum at CS would agree to pass along my resume, does that mean I'm given the same equal opportunity shot at landing an internship as someone from Cornell or Columbia that has on-campus recruiting?

In the banks' eyes, am I a "non-target" that has networked just like people from community colleges?(Meaning I need 3.8+, supreme ECs, etc?)I mean this in the least condescending way possible, no offense to community college students. Just want to get the truth and lowdown on the process.

Thanks a ton guys. You've all been really helpful.

 
Best Response

No, Amherst is not a "non-target." They aren't heavily targeted because they are tiny and a lot of kids aren't interested, but they have a fiercely loyal alumni base. Use that to your advantage; I'm sure someone over the past 5-10 years has graduated from Amherst and gone to work IBD at CS. If not, there are plenty of other options out there.

As for picking based on your friend being there; don't. If he/she works back office, and you are doing IBD, you will rarely if ever see your friend.

 

Amherst, as with the other top-five LACs is a very well-respected school everywhere. The reason its not targeted is because so many top lac kids go to med school or pursue PhDs, so not many are interested in finance/business. Find an alum to push your resume, and you will be in the exact same pool as kids from big targets. From then on your fate is determined by your relative merit

 

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