Not enough XP??

I'm coming into IB with no direct IB experience, however am post-MBA with 6 years of international business experience and have a good amount of school/classroom experience with regards to M&A. I know all the technical stuff very well from studying guides for about six months. I've been applying at regional boutique firms and got back a couple replies recently that they're looking for "more direct experience in M&A".

Any suggestions on the best way to get across the fact that despite not working on any live transactions, I still know the processes, concepts, etc., and believe I'm very capable nevertheless? Would offering to intern for free for a month or X period of time to prove myself be worthwhile?

4 Comments
 

book learning will never give you enough 'credit;' (unless you're still an undergrad) you're going to need hands on experience through internships or jobs in banking/related sectors.

 

Go level up on some green mobs and then ask your question again.

In all honesty, just keep at it - you'll find something.

speed boost blaze
 

Est quos velit et quis est consequatur. Numquam dolores omnis aut a quis. Dicta eius occaecati incidunt cum. Quia architecto cum eos facilis.

Reprehenderit optio accusamus eum eveniet. Velit est ut nostrum sit et cum non. Cum impedit perspiciatis sit ipsa exercitationem nulla enim.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”