How I've managed to break into IB from a non-target (work in progress)

I read posts similar to this a year and a half ago when I had recently transferred from a upper mid tier public university to a private non-target and they were a lot of help.

A lot of people said it wasn't worth the risk/effort to try to get into IB and to instead aim for other finance verticals (which are also great career paths), but admittedly less appealing to me personally, so I decided to stick with the plan. 

Since transferring, I just did whatever I could to make myself a competitive candidate. I'm entering my final semester now and have a 3.90 GPA and got involved in a couple of clubs. I leveraged personal connections last summer to get a F500 Corp Fin FP&A internship just to have something on my resume. I didn't have any internship experience prior to that.

Over the summer I started researching MSF degrees, and decided that this would be a good path for me to rebrand/have a second chance for IB specifically. I networked with tons of kids at top MSF programs, and decided which one's to apply to. Worked long and hard on my apps, got killer recommendations, wrote solid essays, and networked with faculty, and ultimately I got into a top MSF (maybe the top MSF) program in the US (MIT/Vandy). 

Since then, I was able to leverage the brand to get a regional boutique internship, and have been able to leverage that to land lots of interviews for a SA2022 position before my program (mid tier middle market banks in SF/Chic/NY). 

I went from not being able to land a single internship interview at any bank to having an internship and getting many interviews from reputable firms. I am excited to go the MSF next year and have a great time with smart people in a big city. Hope this can help even one person.

1 Comments
 

Dignissimos eaque cupiditate id itaque ipsum officia. Veniam ipsa earum necessitatibus ex. Eligendi accusantium officia vitae ad veritatis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”