Hi guys, was curious as to if non-alums have any sway in the recruiting process. Rising sophomore @ a target and worked an internship w/ fairly good connects to the associate and above level at a few BBs. However, these connects are not alums. Would networking with these people have a big sway considering they’re warm introductions/friends of people I worked with or should I prioritize alums?
| +138 | UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC | 38 | 1h |
| +60 | PWP acquisition by Piper cancelled | 23 | 3h |
| +46 | No return offer - UPDATE. | 12 | 58m |
| +29 | Evercore poaches Baird DC Defense Team | 18 | 21h |
| +22 | Best Houston Banks for Culture in 2026 | 15 | 41m |
| +21 | Normal for lateral process to go +2 months? | 4 | 1d |
| +18 | Lack of talent in IB! | 19 | 9h |
| +17 | Internal lateral from coverage to M&A (focused on coverage) | 4 | 22h |
| +15 | How standard is weekend work in IBD? | 7 | 4h |
| +15 | Discussion Transaction Experience in Lateral Interviews | 3 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Networking with non-alums can absolutely have sway in the recruiting process, especially if they are warm introductions or individuals you’ve built genuine connections with during your internship. Based on the most helpful WSO content, here’s what you need to know:
Warm Introductions Matter: If these non-alums are associates or above at BBs and you’ve established a good rapport with them, they can still be incredibly influential. Networking isn’t solely about alumni connections; it’s about building relationships with people who can vouch for your skills, fit, and potential. A strong recommendation from someone you’ve worked with or who knows your work ethic can carry significant weight.
Alumni Networks Are Still Valuable: While non-alums can help, alumni connections often have a higher response rate and a natural inclination to assist due to shared experiences. If you’re at a target school, leveraging alumni connections should remain a priority, as they may be more familiar with the recruiting process and can guide you effectively.
Balance Your Efforts: Don’t limit yourself to just alumni or non-alums. Networking across all levels and backgrounds is key. As highlighted in WSO threads, analysts and associates are often heavily involved in recruiting, so maintaining relationships with them—alum or not—can be crucial.
Ask for Referrals: When speaking with non-alums, always end the conversation by asking, “Is there anyone else you recommend I speak to?” This can help you expand your network further, potentially leading to alumni or other influential individuals.
In summary, prioritize alumni connections but don’t underestimate the value of non-alums, especially if they’re warm introductions or people who can advocate for you. A diverse and well-rounded network is your best bet for success.
Sources: Networking 101 – 8 tips from a “non-target” school student, Do most semi to non target alums break into IB from just connections?, Navigating Recruiting at Target Schools, Some Thoughts on Networking, Q&A: Former MBB Consultant
Vitae alias voluptatum quaerat suscipit eum adipisci natus. Blanditiis sed quo sit deserunt quaerat occaecati consequatur. Sit omnis et deserunt quasi tempore rerum quae ad. Assumenda ea dolores quasi voluptatum unde et.
Placeat omnis inventore minus. Nisi quia alias quod eos.
Molestiae sed consequatur velit consequuntur repellendus libero. Ea in quasi rerum amet. Enim enim amet debitis minus et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...