Have all the credentials but no offers. What do I do?

Wharton Undergrad, 3.8 GPA, Strong NYC Sophomore P.E Internship last summer with lots of modeling experience, good speaking skills, and very knowledgeable about finance. Because of personal reasons (COVID, Family moving), I didn't start my apps until mid summer. Applied to all the Bulge Bracket and a few others. Even had an MD at JPMorgan write me a rec letter. But because I applied so late, I haven't heard back from almost anyone. Most apps are "Under review" for two months now. Most recruiting is over for the main IB programs. Am I completely screwed? Do I take the gap year, recruit senior year, or just start cold calling at this point? Really lost here... 

 

Did you network? If so reach out to them. If you did not then start networking ASAP at smaller shops who haven't started yet and you should be able to find something

 

I study at Temple!

You wanna get some ramen in Chinatown?

P.S. have you considered going buyside straight out of college? Lots of target kids do that

 
Most Helpful

Besides the more practical steps you should take, leaving a little morale booster here:

Graduated with a barely mid-3's gpa from a target, no return offer (albeit due to a hiring freeze, but nonetheless) from my junior internship, graduated with no decent offer in hand, but kept reaching out to folks and cold applied to land a solid role a few months after. It just goes to show that besides the needed base level of talent and hard work, it all boils down to luck and timing.

I'm sure you have all the resources / information necessary to succeed and assuming you're making an effort, just keep at it and eventually, it will pan out.

Best of luck to you, PP.

 

Dolor non aut iste libero nihil corrupti et sit. Id quisquam culpa excepturi qui dolore laudantium. Qui maiores est quia omnis dolorum. Blanditiis omnis voluptatem sapiente enim asperiores ab. Dignissimos dolores perspiciatis soluta nam ab iusto.

Tempore earum rerum veniam sed sapiente vero distinctio quos. Illum velit doloremque eius esse voluptatem voluptas quia et. Exercitationem sunt ducimus in assumenda pariatur qui. Impedit et doloremque optio consequatur qui exercitationem. Nemo ipsam eos est soluta sed.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
Linda Abraham's picture
Linda Abraham
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...”