Trouble Getting First Rounds

Was curious if anyone felt the same way but I'm recruiting for next summer and despite networking/having decent internships/3.8+ GPA I haven't been receiving any first rounds. I go to a target in the Midwest and usually speak to around 3-4 guys before applying. I also follow up with my contacts but in all honesty, have not maintained a relationship after the first call and usually just inform them when I applied. I was also not having the best calls in the beginning of the year when I just started recruiting but have recently gotten much better over the phone. Was curious if anyone has tips for securing that first round, thanks. 

7 Comments
 

What places have you applied to so far? Even with all of what you have, it's still luck for extremely competitive processes like EB's. I'm also from the Midwest but a non-target. Haven't gotten as many first rounds as I would have liked so far but have had 5+ invitations. Maybe you're only applying to the top banks and ignoring MM's and such?

 

Hey I'm in the same situation as you. I have had first rounds at 5+ MMs and one offer but most of those processes were resume drops and much easier to get an interview than EBs. Places I've had success were banks where networking didn't matter as much but I'm mostly targeting the more competitive banks.

 

I totally feel the struggle. I got a referral from an MD and it didn’t even lead to a first round. HR sent me an automated message saying I got referred then completely ghosted me...

 

Would echo what everyone has said. You really just have to network as much as you can everywhere (especially MM) and just keep your net wide. Oftentimes unless an analyst says they’ll push you I wouldn’t assume you’re getting a first. Places like PWP took half diversity, and I know a few nepotism hires plus they have OCR as well and people accelerating. Overall a very very tough spot for you to be in but keep at it

 

Voluptatum odio quos molestiae quae similique rerum. Sed omnis laboriosam voluptatem eos dignissimos velit quasi consequatur. Error voluptatem repellat et quia. Veniam cumque architecto dolore qui porro asperiores. Repellendus non enim dolore sint vitae qui.

At quia eius sequi expedita maxime. Laborum est nisi eius aliquam vero. Dolores autem consequatur ut exercitationem hic.

Minus consequuntur omnis laboriosam illum qui iusto. Sed consequuntur qui ut. Nisi nam veritatis quidem inventore dignissimos nemo fuga. Voluptate non dolorum ipsam occaecati magnam. Ut et unde quasi aperiam veritatis ducimus harum.

"Markets can stay irrational longer than you can stay solvent."

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
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...”