What am I doing wrong/right and what else can I do?

Hey all,

Sorry about the post and if something similar has been asked/answered, i'm relatively new to the site. So I guess I should begin with my goal, landing a bulge bracket summer analyst position. Now some background, I go to a top 20 school that does not have a strong interest in finance or many on campus recruiters (however, we do have a few bulge brackets that hold interviews on campus) and a few people always get great internships at banks that don't directly recruit from our school. I am majoring in Econ and minoring in finance and biology (we don't have a finance major) and I have completed my first year. I also have pretty good grades (almost a 4.00) and am very involved on campus (founded a club, won awards, hold leadership positions etc.) This summer, I applied to a few PWM programs but didn't get anything so I ended up getting a retail job and an internship managing a business seminar program through our nearby university. After not getting any of the PWM internships I reached out to some alumni not directly involved in finance in my city, and they have got me into contact with some managers at boutique I-banks nearby. I am in the process of talking with them. What else should I do, given that my school does not have very much on campus recruiting? Any and all advice would be helpful!

 

You just finished freshman year, don't beat yourself up. Clearly the networking is getting you places, and believe me, networking is the #1 MOST important thing you can do to get into the industry. Bar none. Not even gpa matters as much as effective networking. Anyway, keep trucking along and maintain good, long-term connections with your alumni contacts and the boutique contacts, and soon enough, you'll be in a position to ask for a sophomore internship. Good luck.

 

Dolores quis blanditiis ipsum omnis repellat libero non. Quibusdam soluta fuga est suscipit. Est aut qui non aspernatur voluptas ut occaecati.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
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...”