Reading over a bunch of the SA threads from 2020, I noticed at a lot of the BB's the recruiting funnels through the, even the few of them from a nontarget, alumni at the firm. How does it work when there are literally 0 alumni at the bank? My NT has a decent presence across the street but at a couple BB's we currently have nobody ( have in the past but they've exited). How is your application handled at these banks?
| +194 | Evercore > Goldman and I don’t think it’s particularly close anymore | 69 | 7h |
| +158 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 18 | 8h |
| +118 | Think Twice before Recruiting for HOUSTON IB!! | 60 | 3h |
| +87 | UBS Offer Day | 35 | 2h |
| +74 | I hate Wells Fargo | 20 | 10h |
| +55 | No return offer - feeling like a failure is an understatement | 24 | 11h |
| +49 | How cooked am I as an incoming WF IB SA 2027? | 17 | 1d |
| +47 | WF Return offers | 32 | 1h |
| +41 | 2026 Investment Banking Return Offer Climate | 25 | 2d |
| +41 | Should I go back into a junior IBD role for comp? | 19 | 4h |
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.
Every bank has a team that deals with "non-targets", this group typically is forced to handle these applications, and doesn't really care about the students they let in, it's extremely tough to break in through channels like this, and it is recommended that you make some kind of connection with a current employee at the firm-anything to stand out. These teams are essentially the black holes because they see hundreds of resumes with many of the analysts and associates having very little care as to what happens to them.
I have been finding other connections at the firm. Just wanted to clarify someone can actually help me even if I didn't go to their school at firms w/ processes like this lol. Tnx for info.
Depends on the bank. I know at Morgan stanley, I had a MD connection who got only certain amount of referrals and he used the referrals on students from his school to get them direct interviews.
**i mean at least try to get your foot in the door by shooting a few emails to analysts (like 2 sentences requesting for a call). If you hear nothing then just know that it's gonna be handled just like any another application that comes through without networking (i.e. if it's an EB or top MM there is a small chance you have a shot but at a BB it's much more unlikely). Good luck. **
Sunt laborum omnis aliquid. Dolor quis ut distinctio eveniet praesentium culpa sapiente. Alias ut repellendus amet maxime eligendi. Libero rerum tempora et non aut ea. Numquam qui sit et praesentium officia porro. Dolorum sit labore consequuntur id cum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...