rookie networking question...need experts

So here is my situation -

Currently working as an analyst at MM shop in capital markets, good gig, but looking to move to better platform.

HERES the catch: my network sucks...was a non-finance major so dont have any friends on the street. Come from small town so no friends back in school they have parents who work at BBs. No family members who work in finance.

EXPERTS: how do i start my search? do headhunters work with junior people like myself? obviously networking is key, but what exactly do i do.? who and how do i reach out?

i have working group lists with capital markets people on them from deals. is it unethical to use those lists and start cold-emailing them?

Im not looking at boutiques, given my line of work his heavily dependent on lending relationship/M&A so i need a shop with capital.

-Thanks everyone

 
Best Response

If you aren't already, I'd get on LinkedIn and fill out your profile with your school, internships + your current FT job. LinkedIn will suggest people you should connect based on the info you entered (school/firm alumni, current colleagues, etc). Add anyone and everyone! You would be surprised at who knows who.

This may take a few weeks to get established, but once you have a decent base of connections, hone in on a few opportunities that you are interested in and see if your connections can make an introduction.

In regards to headhunters, they definitely recruit at junior levels. But most of this recruiting is focused analysts at BB IBs and top strategy consulting firms who are looking for a new opportunity after a 2-3 year analyst stint. Having said that, you can certainly spend some time finding headhunters. If they think you are a good candidate (i.e. they can market you to a firm), they will help you out.

 

thanks a lot tan86. i will definitely pursue that route.

given that i receive working group lists that include deal teams from other banks....how do you suggest going about utilizing having their contacts?

 
nocountry4oldmen:
given that i receive working group lists that include deal teams from other banks....how do you suggest going about utilizing having their contacts?

Potentially this is a gold mine, but it comes with a lot of risk. Ideally, you need someone fairly senior at your current firm that a) likes you b) will vouch for you c) knows you want to leave and won't rock the boat d) will give you a warm introduction to people he/she knows on these lists.

Tough to do though.

 

Autem adipisci quo eligendi eum dolor veniam laboriosam. Eligendi tenetur doloremque illo quis ipsum modi.

Reprehenderit ex natus est magnam nihil aperiam. Similique aperiam cum consequatur quia beatae. Earum provident aut unde asperiores.

Consectetur saepe sint esse eveniet magni dicta. Reprehenderit est est cumque quia. Inventore consequatur temporibus inventore nemo cupiditate amet in incidunt. Vitae omnis ipsa accusantium modi enim autem eos. Sint doloribus mollitia temporibus eum.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
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...”