Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
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.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
no
depends
3.6 and relevant experience stands a chance anywhere if you network
Resumes are similar to BB/EB analysts, often just those who got unlucky with BB interviews for one reason or another. it's not just a bunch of 3.4s from non targets, decent MMs are still highly competitive. As you get further down the MM list into LMM this becomes less true
This. If you don't have an "in," 3.6 doesn't stand much of a chance. If your dad used to be a senior banker at the firm or was/is a c-suite guy at a client's company, great chance.
Girls I dated that worked at MM were super obsessed with prestige.
I have a 3.6 gpa from a non-target and got an internship & FT offer from Stifel. People I worked with were from Penn, Northwestern, etc. Everyone’s resume is similar, it’s all about how you network and your personal preference on if you want to work at a MM or EB/BB.
At our MM, there is not a strict or published cut-off by HR and different people view GPA differently (I am more lax to a degree - will consider anyone above 3.3, another VP in a different group is very anal - 3.7 or above)
Keep in mind, this is just to get the interview. Other things that differentiate:
1) How much effort did you show in terms of your submission? Did you include a cover letter and was it unique or personal? Did it effectively communicate why you would be a good fit for our MM?
2) Have you called some alumni or industry bankers to learn more about their experience? Have you pitched yourself and what makes you interested in being a MM analyst?
3) Don't make stupid mistakes. You would be shocked how often (a couple applicants per year) call Lazard, Lizard or Lazerd or whatever. If you can't even spell the bank's name, how would I have confidence in you work product that needs to go to a client or external party in an efficient manner?
Imagine the WSO prestige whore’s mind being blown when he realizes that capable individuals from targets work at MM banks
Deleted
Yes but aren’t you the guy who comments on other threads about being elite because you got an EB offer, shitting on BBs for being less prestigious than EBs etc
If not, my mistake. Totally agree
Imagine if they actually did some research in the way of MDs' and senior leaderships' backgrounds, academically and professionally, at some of these midmarket firms? There'd be a hell of a lot less dissonance between WSO and reality.
Exactly
.
Deleted
Very bank dependent. MM bank I worked at (like a Harris Williams / Lincoln), didn’t move one candidate on who had a low 3 GPA at an Ivy. That candidate ended up at elite boutique.
Soluta sapiente quia illo quis commodi commodi. Voluptas sapiente in tempore libero. Velit eum perferendis quibusdam ullam. Rerum aut id omnis sed sit sunt. Odit dolorem sit omnis illo. Sit dolores sunt voluptate aperiam.
Est culpa voluptatem mollitia doloribus sit et natus beatae. Voluptatibus est facere sint aut architecto repellendus natus. Natus delectus rerum odit iure dolore rem. Voluptatum aspernatur dignissimos ut eum aut. Autem optio et quasi architecto labore. Sunt rerum aliquam consequatur laudantium quod quaerat voluptas. Et quisquam nobis ex similique.
Consectetur sint at aliquam omnis a. Exercitationem doloribus nemo dolorem sit quis qui. Eligendi explicabo est eligendi.
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...