To those working in IB, what makes you feel inclined to respond to a cold email from a non-alumni?

Questions above. Rising sophomore at a non-core school looking to expand my network beyond just alumni. Hit rate has been pretty low :( (10/100 cold emails). I'm also struggling a little bit to stay connected after the phone call. What are things I can do?

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Controversial

1) Same university - pretty intuitive, and my alma mater is a small LAC with a handful of people interested in IB per class, so I make sure to help out every single person who reaches out.

2) Same ethnic group - bonus points if they're also first generation immigrants like me

After that, I generally screen for things on their resume that make me want to talk to them. Shared interests and stuff like that. 

I've also recently started doing some light social media checking to make sure people I refer aren't anti-vaxxers. You'd be surprised at how many people who want to work in HC IB are anti-vax... My bank has a mandatory vaccination requirement, so they'd have been filtered out eventually anyways, but would rather not waste social capital on someone who's going to cause that kind of headache.

 

Let me guess, if someone doesn't take the COVID vaccine that makes them anti-vaxx for you? Honestly, at this point anti-vaxx definition has completely shifted. Merriam webster changed anti-vaxx definition 3 years ago to include people who oppose mandatory vaccinations. I'm all for vaccines but god damn it if opposing mandatory vaccinations makes me anti-vaxx, I'm anti-vaxx.

 
Funniest

I will always respond to kids who went to mega non-targets like me, and will actively discriminate against Ivy Leaguers.

 

Have an email format that doesn’t make me want to gouge my eyes out. Include a brief (and I mean BRIEF) section about yourself and make yourself sound interesting without coming across as a hardo. Always attach a ressy and include minimum of three dates/times you have available - it’s much easier for analyst to pick a suggested time rather than having to suggest a time. Give us the option to choose a time that is not suggested. Make a note towards the end that once you hear from them you will be the one to set up the calendar invite (I can’t stress this enough).

It should play out like this:

You: sends cold email incorporating all the aforementioned advice

Analyst/aso/vp: replys and says they’d be happy to hop on the horn and includes one of the times you suggested

You: email them back within 15 min verifying the number in their email signature is a good one and thanking them for their time as soon as you get phone number confirmation you set up the calendar invite that spells everything out very clearly (see below):

Title: John smith (you)/bob lee (banker) - GS TMT analyst program catch up/conversation/etc.

Location: john to call bob at (555) 555-555

Set date and time and be sure to include their email so they get the notification.

This does two things:

shows that you are quick on the replies which is a necessity in banking

And shows that you are competent enough to understand best practices when it comes to scheduling calls

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