Del
Del
Trending Content - Investment Banking Forum
| +409 | Evercore Intern Seizure | 63 | 1h |
| +127 | UBS IB Americas has failed, now behind Santander and Stiffel | 34 | 7h |
| +92 | Sent my Claude prompt to 200+ Teams chat. MD wants to see me Monday. | 32 | 45m |
| +79 | deleted deleted deleted deleted deleted | 44 | 11h |
| +60 | How do I understand vs. just memorizing? | 11 | 21h |
| +55 | Some banks are overrated as fuck | 16 | 5h |
| +49 | The good and bad with Wells Fargo | 16 | 43m |
| +48 | Associate & Above IB exits | 18 | 23h |
| +41 | Tech to IB Pivot | 22 | 1h |
| +36 | Incoming IB Analyst: Best Ways to Prepare? | 13 | 19h |
Career Resources
Would broaden your search to jobs other than banking. Given macro environment and late in the recruiting timeline, should pursue an alternative path in parallel to your banking efforts.
Thank you, I should’ve clarified in my post. I’ve branched out and have been networking for corp. banking, PE, and commercial banking. Will definitely focus more on that though, i just want any job out of undergrad doesn’t have to be IB necessarily. Thanks again
Sure. To be frank, I think the low gpa from a non-target definitely hurts you. You have some good experience, but what happened academically?
Lot of well known firms will toss out your resume based on low gpa alone.
All it takes is one offer. Keep pushing. I didn't have a FT until recently after being dropped from my SA bc of "market changes".Apply to everything you see in the realm of finance and continue to network like your life is on the line.also I was a 3.5 from a non-target don’t let these other people fool you into believing it can’t be done although understand if you get an interview you need to ace it.
You're right, I just needed to hear it from someone. Will keep pushing! Happy to see a fellow non-targeter prospering
This might not mean shit to you as I am a sophomore, but here is my two cents if I can throw it in from my experience. Non Target here recruiting for 2024 SA positions in IB. It sucks to be honest bro. I have had 2 super days so far (no offer), and rejected after a first round. I just completed another super day (waiting to ehar back) and completed two more first round interviews (waiting to hear back). Network as much as possible and get anyone to vouch for u. Like someone said here, all it takes is one offer. Be confident and crush any interview in ur way. Head high, and if it is meant to be then it is.
It does suck. Unfortunately I’ll be graduated before 2024 SA so my current plan is to sneak into one of the seats that doesn’t get filled by an intern this summer. Will be tough but hopefully will be posting an update about how I broke into FT IB. Best of luck to you too man, I know how discouraging it can be
If you have one term left, you mean you are graduating in December 24? I think it’s early for FT. They don’t have a headcount until after the summer 23 interns confirm/deny their offers. Your essentially in the class of 24 recruitment wise. So I don’t think you are in a bad position at all.
Heading to a Japanese bank this summer and planning on recruiting FT. I graduate in December 23
To clarify I mean that because you still have time as the recruitment stars after summer to august based on the last few years. Macro factors makes it harder but in my opinion we are earlier, that’s also the consensus I have heard from all the people I have networked with so far
Originally I was supposed to graduate Fall 23, however, I struck out this summer in terms of recruiting so I’m just going to graduate in August of this year. My plan is to fill a seat in after banks know which interns won’t be returning after this summer stint
August is pretty awful timing to try to land FT..next year's interns aren't starting until next summer, and someone with an August 2023 grad date isn't eligible for that (December 2023 is). Banks are not really adding extra seats right now, especially when you need an immediate start.
I'd cast as wide a net as possible - corp finance, rotational programs
Maybe take a look at the master's programs? Heard some of them had pretty good placement in the past.
There are masters programs at semi-targets where I am that have ok success. Also considering becoming that post-MBA associate that everyone loves to hate.
Okay so here is my problem, I currently am a MBA student (non-target). I’m struggling because I can’t get in an internship, yet I don’t have the experience to qualify for entry level analyst. Well atleast most of them, some that I have applied only require “0-2” year’s experience, but that just means you sit at the bottom of the food chain.
If you’re gung ho on IB, maybe look into some one year masters programs. You fit the bill for what they are looking for and have a good chance at getting some scholarships if you do well on the GMAT.
Delay your graduation by a year (if that’s financially feasible) by either taking a 5th year or doing a 1-year masters program in something that sounds hard/relevant to finance. That’ll buy you time. 3 LMM internships definitely validates your interest. That, along with heavy networking and an extra year of time, should be sufficient to put you in a good spot.
Technically my b-school didn’t allow people to have a minor up until last year when they changed the curriculum. I theoretically could take an extra semester to get a minor in econ or something. Food for thought. Thanks!
I think the best solution is probably going to a target MSF program.
What are those target programs besides the one at uoft? Genuinely interested
Only familiar with one, feel free to PM me and I'll give you the details.
I wouldn't totally disregard online applications - especially, if you're able to raise your GPA after this semester. I was able to secure 2023 FT coming from an extremely non-target university (not even ranked in U.S. News) through applying directly on company websites, LinkedIn, Handshake, etc. It's definitely a numbers game, but getting the GPA up as much as you can should definitely be a priority. For reference, I had a 3.71 cumulative GPA when applying.
Yeah I definitely agree with you, all my internships have actually been through online apps, but they’re all LMM no-name boutiques in very small cities. Hoping to land something bigger so I want to network heavily, but I guess beggars can’t be choosers. Thanks
Send me your resume / background to [email protected]
I know I'm desperate, but I know a scam when I see one.
Sit ad illo consequatur quo beatae ut omnis. Laudantium qui eum architecto ducimus porro labore. Voluptas corrupti consectetur expedita sint fugiat ut omnis.
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...
Corrupti consectetur ullam aliquam dignissimos minima numquam. Sunt praesentium odio voluptatem. Sit est voluptas a est voluptate quae et.