I am hoping to get a FT offer in IB this recruiting season, though I am not working in IB this summer. I'm sure an interview question will be "why weren't you a summer analyst anywhere" and am wondering how to respond that. I studied abroad this past spring and was gone for almost all of the recruiting. Will interviewers be at all understanding of that or is it a lame/immature excuse for not getting an offer and seen as an attempt to cover my possible lack of credentials. Had a few skype interviews but they just didnt seem to be the same. I go to a semi target if that makes any difference.
Also, what are some good answers for that question?
So what are you doing this summer?
Big 4 Audit. That probably won't impress too many people either.
I'm in the same positions and I plan on telling them the truth, that my passion for IB wasn't fully developed until I had already accepted a different position as a Data Analyst. Fortunately in my case, many of these skills are transferrable, however we will be recruiting against people who have direct experience as a Summer Analyst.
This. I'm doing this also. My internships have taken me across industries and in many very different locations. I'm just going to say the truth, I was exploring the finance field, but after talking to many people I believe that IB is for me because blah blah blah. It'll also help pitch why I interviewed at a few IB superdays, but didn't get an offer.
At least in Canada, it's a fairly common transition to move from an SA stint at big 4 audit to ibd ft
so do you think i'd have much better luck applying to banks in canada or canadian banks in the US than US banks?
the field is so overcrowded that unless somehow you strike a connection with someone (let's say about where you traveled this summer or whatever else) who really wants you on the team, there is a lot of hard work ahead. i say this out of love. when choosing between someone that went through a program and has proven they can hack it vs. someone untested, 9.9/10 they will make the comfortable choice.
Good reasons for not having gotten an IB SA internship this Summer? (Originally Posted: 08/09/2013)
Anyone have any suggestions? Sad but honest truth is, I had good looks at BB but completely botched the interviews (thinking this explanation may not suffice)...
I did not get into the BBs because of school I am from ;) So don't worry man. There are always MMs and great boutiques out there. I went the other way and I love my experience so far.
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