SA 2026, worth trying for U.S? - non-target in Canada

Current sophomore at a non-target in Canada. Just for some context, (if this factors into the question): I networked and got a role at a small local boutique IB freshman summer as an analyst (this past summer), have had some good club roles at my schools investment society, and am interning at a search fund this fall. I'm just curious if it's even worth trying to network now and apply for U.S roles for SA 2026. Just what I've read about VISA's and getting sponsored, how competitive it is (especially when 95% of those who get the roles from Canada would go to the targets in Canada that have very established connections / pipelines with some of the firms) and my GPA not being IB tier yet. 

Would really appreciate any insight regarding if it's worth trying to network now for those U.S positions or just putting my full focus on Bay street. Thanks in advance for any responses!

5 Comments
 

Based on what you’ve said, chances are very low. No harm in trying, unless it takes away from your efforts in Canada. If I were you I would recruit for bay st as if you arent recruiting anywhere else, and if you have some extra time then take some shots in the US, who knows maybe you’ll get lucky

 

I think the best course of action is to recruit for Bay St and then delay grad and recruit for US. If you have the optionality to do take a term off and do offcycle for bay st it could be even better.

 

Based on the most helpful WSO content, here are some insights regarding your situation:

  1. Networking Importance:

    • Networking is crucial, especially for non-target students. It can significantly increase your chances of landing interviews and offers.
    • Use LinkedIn and WSO to reach out to alumni and professionals in the industry. Track their career paths and try to follow similar steps.
  2. Timing for Applications:

    • Most internship programs for sophomore summer will open in the fall and through the winter. Applications for these roles typically open mid to late summer at the earliest.
  3. Challenges for Non-Target Students:

    • It is generally harder to land positions at BB/EB firms as a sophomore, especially for non-diversity candidates. Smaller or regional banks might offer better opportunities.
    • For international students, securing a VISA and sponsorship can be an additional hurdle. Firms often prefer candidates from target schools with established pipelines.
  4. Focus on Local Opportunities:

    • Given the competitive nature of U.S. roles and the additional challenges of VISA sponsorship, it might be more strategic to focus on opportunities in Canada, particularly on Bay Street.
    • Building a strong foundation with local experience can later be leveraged for U.S. opportunities, especially if you aim for an MBA or other advanced degrees.
  5. Leveraging Current Experience:

    • Your current roles at a boutique IB and a search fund, along with your involvement in your school's investment society, are valuable experiences. Highlight these in your applications and networking efforts.
  6. GPA Considerations:

    • While your GPA might not be at the IB tier yet, continue to work on improving it. Strong academic performance can enhance your profile.

In summary, while it is worth trying to network and apply for U.S. positions, it might be more practical to focus on building a strong foundation in Canada first. This approach can provide you with the necessary experience and credentials to later pursue opportunities in the U.S.

Sources: Networking 101 – 8 tips from a “non-target” school student, Networking for FT recruiting during SA internship?, https://www.wallstreetoasis.com/forum/job-search/my-2-cents-on-sa-recruiting-from-a-non-target-background?customgpt=1, Sophomore SA Positions 2021 (Class of 2023), Really unsatisfied with SA group placement and looking for advice?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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