Q&A: Bulge Bracket IB Summer 2020

Hello everyone, In order to keep the thanksgiving spirits going I would like to follow suit with the other MBB Q&A that was live on this forum. I was fortunate enough to receive an investment banking summer analyst offer at a bulge bracket recently and this website was instrumental in my preparation for recruiting. I simply wish to provide insight for those who are getting ready for SA2021 recruiting in the near months.

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I obviously can't speak for what firms are looking for but I can share some observations about the people that were at superdays with me and what I think led to offers.

The kids I met were always a combination of well spoken and connected, academically accomplished, or hustled really hard and had combinations of great work experience or unique experiences that made them stand out.

I think being a natural hard worker (demonstrated through resume), knowing your place (see: not being a know-it-all), and being personable are key traits that can lead to success at superdays.

Everyone knows that the work itself is not very intellectually demanding and that being a team player while being able to put in the necessary hours is more important. There was definitely a huge focus on fit at most places I interviewed. You can stumble on a few technicals, but if you can't pass the airport test you're done.

 

"I think (...) knowing your place (see: not being a know-it-all)"

The kid who has an offer from a BB and feels that somehow that alone makes him/her qualified to give recruiting advice giving advice on not acting like you know it all. The irony.

 

LinkedIN:

"Hey guys I got offers from firms A, B and C. After careful consideration I decided to choose firm A for SA 2020. I am beyond thrilled to join this firm (not that the other firms aren't reputable in their own way of course). I am letting my professional network know of this amazing internship experience. Wall Street here I come!

Headline: Incoming IB Summer Analyst at Firm X in Division Y

Description: Will be preparing crucial materials that firm depends on. Will be using Advanced modeling techniques and proficient formatting skills to predict/determine and analyze future businesses.

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