what would you say is the best way for a complete non target with a comparatively comepetitive profile to break into IB in LDN given that networking is not so much applicanble here. Also any idea on how best to utilise this summer to increase my chances.
| +69 | Wealthy Parents / Jaded | 22 | 14h |
| +48 | How are hours rn for SA (interns) | 29 | 1h |
| +45 | Venezuela Debt Restructuring - LAZ vs CVP | 20 | 44m |
| +40 | Background check issue IB Full Time | 23 | 14h |
| +30 | Boutique firm wants access to my LinkedIn? | 13 | 5h |
| +27 | Investment Banking in Mexico | 7 | 1d |
| +24 | MM bottom bucket bonus | 9 | 2d |
| +24 | UBS GIG, LevFin, FSG Interns working Sundays and 85 hour weeks their first week? | 12 | 10h |
| +22 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 6 | 13m |
| +21 | Excel macros for QOL formatting | 0 | 2d |
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.
I'll add to this as someone who's done audit to M&A/TAS, but then did MBA and Asset Management. It makes a big difference to be in either M&A/TAS, not only for the skills, but for the jobs HH reach out for.
In audit (not sure if you see the same jobs these days), you would get hit constantly with finance roles at corporates or BO/MO roles at banks. A few people took the MO roles as it was more money, and most of those hated it (not sure if more than audit though).
In M&A/TAS, you're much more marketable for an FO role at a bank, sometimes straight to PE. They won't recruit you for the bottom, but you would typically go down a year or two in experience. A few years back, you could join at most levels at a BB up to VP. Most that I've seen were 4-5 year Senior Associate or Assistant Manager going as 3rd year Analyst or Manager going in as Associate.
I'll caveat this with, all these moves are never easy, they are doable. There's always more people wanting to leave audit for advisory and advisory for banking.