PSA: How to get blacklisted from IB

To all college students recruiting for IB, this is how you get black listed from Wall Street:

Email between Student and Associate at EB:

Student: “One simple question, Associate

Do you also keep pushing back or not answering client calls? Is this how bankers handle business?”

Associate: “Student, I pushed to 6:00pm ET - when I didn’t hear from you at 6:07pm ET, I called you and didn’t get an answer. Are you upset I didn’t wait by my phone for a call back? I don’t even know how to respond to your email and good luck with recruiting”

Student: “I am upset how you kept postponing calls has messed up my schedule for the whole day. I am also upset md yawned over the phone and the way he answered questions impatiently. Everyone’s time is valuable, not only your bankers.

I am reaching out because I respect you and your firm, but I did not receive the same respect.

Good luck with your career and with the reputation of EB.”

93 Comments
 

While the OP is posting an egregious case, I am surprised by students that give off a pretty entitled vibe.

I have had several students miss phone calls (without notification) and not be flexible with their time while trying to setup a networking call with me. I went to college (in most cases to the same school as the student), I know what the schedule is like and I can tell you that, while everyone’s situation is different, most likely you aren’t very busy (and I worked two jobs in school and had many other activities).

It is surprising to me, if someone you are trying to network with gives you multiple hours over a week you should be able to find a time to make it work. But more importantly, don’t start off a networking email by telling the banker/consultant/etc what works for you, try to work around their schedule, they are more likely much more busy (and in some cases have families, etc).

 
"Analyst 1 in IB-M&A" Absolute clown. This is what ruins cold email response rates for the rest of the hustlers.

True. And that's the real tragedy of this isn't it? If I was the Moelis guy, next time some UTA student asks for a bit of my time I'd be tempted to delete the email unanswered. Who needs the aggravation?

And there are so few people who have made it who are willing to be helpful later, and stuff just burns the more generous folks.

 

Lmfao what did I just read. Props to the Moelis analyst for keeping his cool lol

 

I wouldn’t even respond to that clown. That associate gave him the upper hand by getting defensive.

 

I had no idea students could be so entitled. That's mind blowing to me. Imagine their attitude toward a student if they were a staffer. When networking, I haul my ass to the city, buy the coffee/tea, and haul my ass back. Sometimes it's a 2 hour trip for a 30 min chat. Humility is a virtue and crucial in a relationship driven industry.

 

mind-blowing. entitled cunts like these are probably why some bankers are reluctant to talk to kids who reach out.

"They say money can't buy happiness? Look at the fuckin' smile on my face. Ear to ear, baby!" - Boiler Room
 
"Analyst 1 in IB - Ind" To all college students recruiting for IB, this is how you get black listed from Wall Street:

Email between Student and Associate at EB:

Student: “One simple question, Associate

Do you also keep pushing back or not answering client calls? Is this how bankers handle business?”

Associate: “Student, I pushed to 6:00pm ET - when I didn’t hear from you at 6:07pm ET, I called you and didn’t get an answer. Are you upset I didn’t wait by my phone for a call back? I don’t even know how to respond to your email and good luck with recruiting”

Student: “I am upset how you kept postponing calls has messed up my schedule for the whole day. I am also upset md yawned over the phone and the way he answered questions impatiently. Everyone’s time is valuable, not only your bankers.

I am reaching out because I respect you and your firm, but I did not receive the same respect.

Good luck with your career and with the reputation of EB.”

Fucking Generation Z

 

Considering Moelis just did what I thought was a very generous thing with their incoming summers, I think it's safe to say they're not taking crap from anyone, especially from a semi-target

 

Did you read the actual "communication"? This isn't like the guy said something awkward in a coffee chat then got made fun of, that's "fratty and fun". This is an entitled jackass who acted like a spoiled cunt and ruins the impression of people towards other college kids tryna break in who aren't complete assholes. He deserves every piece of flak towards his way. Pretty sure OP meant well by posting this, as a reminder to college kids that this kind of behaviour is a huge red flag (though it should go without saying). I'd even go as far as to say it's good for him to receive criticism from this board or elsewhere.

"They say money can't buy happiness? Look at the fuckin' smile on my face. Ear to ear, baby!" - Boiler Room
 

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