Using alumni connections advice...Should I?

Hello all,

I am freshman at a non-target in the Midwest and I have secured a internship at a VC in SF this summer, also I am in our undergraduate finance association, and in Student consulting for non-profits program where they picked 14 out of 80 students to do pro-bono consulting (my first project is to help a NPO with making a pitchbook because they want to merger with another NPO, its interesting stuff).

Through luck/networking I have 3 meetings with 3 analyst/associates in NYC (that work at Goldman, we actually are a semi-target for GS 2-3 peps a year go there from our school). I am interested in joining the Goldman Spring divisional internship my sophomore year, and was planning on asking these guys if they could help me achieve it, but one of my friends who actually is in IBD told me not to use my alumni contacts now because if I dont secure the sophomore internship, these alumni contacts won't be willing to help me come my junior year.

He also told me that the sophomore spring internships sophomore year do feed into the IBD rotational program at GS, so if I can break in somehow then I would be set. But he said that GS doesn't exactly do recruiting for those internships anywhere else other than HYPS ( I am thinking he was bending the truth a bit here). Is this true? If not then should I go ahead and speak with these alumni contacts come winter quarter? How should I approach them?

Thanks again, sorry for the long post.

4 Comments
 

at my school they are kind of all in the same loop, since there is prob not more than 9-10 total people that have gone to Goldman from my school. So they all use each other pretty nicely, also the MD at the VC I am interning at has worked at GS so I was also going to ask him, but since he has been out for 8 years or so I am guessing he doesn't have much of a network there.

I want a lady on the street, but a freak in the bed, Go Bucks!!
 

your a freshman! I would just relax and enjoy school, worry about finding a job 2nd semester of next year at the very earliest. Get good grades.

 

Et sed eos accusamus maxime aperiam quis et. Aut consequatur libero corrupti est sit dolorum harum perspiciatis. Nobis incidunt aspernatur aperiam velit expedita est quo nostrum. Veniam dolorem non est amet non.

Quo est ut consequuntur earum. Sunt nesciunt quo dolorem autem. Dicta eius officiis eum facilis voluptatum qui. Veniam maiores qui aut dolorem ut enim magni. Aspernatur accusamus tenetur reprehenderit quas odio minus in.

I want a lady on the street, but a freak in the bed, Go Bucks!!

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”