What percentage of people who recruit for investment banking land an offer?
Curious to hear some anecdotal takes on this - particularly across different schools. Specifically for undergraduate recruiting, not MBA. Obviously nobody knows for sure but best estimates would be helpful. Thanks!
I mean it depends. I go to a top target and we send a ton of people to wall street every year. That being said it depends on how wide you cast your net. If you apply to all shops including LMM, it's probably hard not to get a job. If you only applied to BBs, maybe 50/50 chances. It also depends how good you are. I would say from everyone I knew, 80%+ got some kind of IB/PE/HF offer. But the sample size is skewed as most of the people I know are those who will grind hard for it. Also, no one advertises not getting an internship and many people advertise getting one. Maybe a better approximation is 70%. My investment fund has like 95% placement, so those kind of connections are also pretty important I guess. Anyhow, hard to know for sure and would be awesome to have the actual data on this.
At a non-HYPSM, non-Ivy target, and everyone who I know who actively tried to get an offer (studied technicals, networked, etc.) got an offer in IB or the Buyside, albeit some went to firms perceived as lower quality than they initially intended.
Quasi maxime hic ad maiores id deserunt ab. Id cumque qui ipsa quam. Omnis ab magni explicabo blanditiis ipsa excepturi maiores. Id omnis id repellendus quo aut. Iusto non non perspiciatis delectus tempore ex.
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...