Incoming Freshman curious about IB recruiting

To set yourself up for success in investment banking (IB) recruiting as an incoming freshman at a target school, here’s what you should focus on:

1. Academics First

• Maintain a strong GPA (aim for 3.7+). Grades are often the first filter in IB recruiting.

2. Join Relevant Organizations

• Get involved in finance-related clubs or organizations on campus. Examples include investment clubs, business fraternities, or finance societies. These groups often have alumni connections and resources to help you prepare for recruiting.
• If your school has selective finance organizations (e.g., Bruin Asset Management at UCLA or similar), aim to join them early.

3. Networking

• Start building relationships with upperclassmen in finance clubs who have successfully secured internships. They can provide guidance and referrals.
• Begin attending networking events hosted by your school or finance organizations. Even as a freshman, showing interest and learning the ropes will set you apart.

4. Freshman Year Internships

• Target small boutique firms or unpaid internships to gain early experience. These roles can help you build your resume and demonstrate interest in finance.
• Consider internships at small 10-man boutiques or local firms, as these are often more accessible for freshmen.

5. Technical Skills

• Start learning the basics of financial modeling, accounting, and valuation. Resources like the WSO IB Prep Course can be invaluable.
• Participate in case competitions hosted by banks or finance organizations on campus. For example, Houlihan Lokey often hosts restructuring-related competitions.

6. Stay Informed

• Read financial news regularly (e.g., WSJ) to stay updated on macroeconomic trends and industry developments.
• Familiarize yourself with the recruiting timeline. IB recruiting starts earlier than most industries, so being prepared is crucial.

7. Plan Ahead

• Use your freshman year to build a strong foundation. By sophomore year, you’ll need to be ready for networking calls, coffee chats, and applications for sophomore internships.

By focusing on these steps, you’ll position yourself well for IB recruiting. Remember, consistency and early preparation are key!

Sources: UCLA Undergrad for IB Recruiting, As a freshman what should I be doing?, What to do Pre-MBA to prepare for IB recruiting, Navigating Recruiting at Target Schools, IB Prospect Groupchat - Open to All