How do you create ‘control’ in London recruiting?

Would genuinely appreciate advice from people who have gone through London recruiting recently because I’m getting increasingly worried about how much of the process seems completely HR/CV driven.

Background:

  • American student
  • “Lower tier Ivy so to speak” undergrad
  • 3.54 GPA (honestly my biggest insecurity here)
  • Didn’t recruit for IB in the US during undergrad
  • Relevant Finance Clubs on Campus (not part of any exclusive team)
  • Internships in M&A consulting (Big 4) in europe, corporate finance in usa
  • Around 1 year of full-time experience at a relatively large AUM hedge fund focused on securitization / structured products by the time I start my masters
  • Going to a top target master’s in London (Oxford/LSE/LBS)

I’ve already started networking aggressively for London IB SA 2027 and one thing I keep hearing over and over, even from people in chats, is that first rounds at BB/EBs in London are much more HR-driven than networking-driven compared to the US. Basically:

  • CV screen
  • online assessments/IQ games/pymetrics
  • maybe HireVue
  • then first round

And that networking mainly helps later on rather than getting you the interview itself.

In the US, networking at least feels like an input you can control. In London, it almost sounds like you could network your ass off and still get auto-rejected before a human even really advocates for you.

I’m taking out loans to do this master’s, so naturally I’m thinking about downside risk a lot. I’m willing to grind hard and network heavily, but I honestly don’t know if my CV is “competitive enough” on paper for London BB/EB SA recruiting given the GPA and non-traditional background.

Would appreciate honest opinions from people who have actually recruited there on how I can execute recruiting well, and what things I can control and maybe add to my profile. 

Not looking for reassurance, just trying to calibrate reality before taking on a lot of debt. I am far from being a risk averse person, but would also not take a negative RR bet. 

11 Comments
 

Are you competitive?

I am trying this year with:

Big4 Audit, Transaction Services, Valuation, M&A as well as LMM M&A and infrastructure investing experience.

Best business school in the country, GPA is like upper 12% there. Now starting masters there too, same university.

I will share here later what I got, feel free to reach out and talk / update during recruiting.

 

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