How much do connections actually help?
I recently have made a lot of reliable connections recently with some big(ish) fish whose words hold a good amount of weight when it comes to the world of banking. How much does this actually help when it comes to getting interviews/offers, is it really as helpful as people say, or is it mostly overhyped?
It is incredibly helpful. Especially if you're a girl. And you're hot and blonde. And you're from Greenwich.
Confirm. Source--I am blonde, hawt and born from Connecticut 🤔
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Yes because all of those connections have influence on the new hires. Especially if they’re in the analyst/associate hiring. Plus it makes it look like you’ve spent time researching and getting to know the firm. When someone else references a candidate they know or like they’re immediately brought to the top of the list. This has been my experience.
Yeah. It's once of the few things that matter. Students from good schools with good resumes who have memorized finance technicals are a dime a dozen. Connections are the only way to make yourself relevant
Having a connection can bring your name to the top of a resume list and can sometimes get it in front of someone who matters early. If someone can get you an interview usually from there it’s just on you and that’s where the help ends.
They can get you an interview and have you in contention early but unless they demand it they can’t get you an automatic offer.
A strong analyst connection allowed me to get an interview and consequently an offer at a MM bank. Overall I was already qualified, but it significantly helped streamline the process.
All things being equal, the firm will go with someone they know over someone they don't. I don't know a single person from my faculty who got a job through applying on the website. Everyone who managed to land jobs in finance did it through established connections, or building connections through networking.
I'm not saying it can't be done, I'm just saying that you'd be shooting yourself in the foot by not attempting to build connections at the firm you're applying to.
How to network in London?
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