Breaking into IB after Recruiting for 4.5 years

I finally got an offer from a leading MM bank after recruiting for 4.5 years. I started my MBA at a top 20 school, which was a good school but didn't have a lot of IB alumni connections. In retrospect, I should have gone to a better MBA school or gained more work experience prior to the MBA. However, coming from an engineering background with few finance connections, I didn't know how the process worked. I had several internship and full-time superdays in the MBA, however never landed an offer. After the MBA, I took a job in real estate underwriting and asset management but kept poking around for IB positions. I finally got an offer for an associate role three years after graduating from the MBA. Obviously, the M&A market is hot now, and I made a few key connections over the years which helped a lot. That being said, don't be discouraged if you encounter 10+ failed superdays or don't come from a core school. If you really want to do IB, keep grinding away. Keep making connections. Keep performing well in your current role. Don't take no as a permanent answer. I feel like this is a key for long-term success for a career in IB. 

6 Comments
 
Most Helpful

ahubartt

I finally got an offer from a leading MM bank after recruiting for 4.5 years. I started my MBA at a top 20 school, which was a good school but didn't have a lot of IB alumni connections. In retrospect, I should have gone to a better MBA school or gained more work experience prior to the MBA. However, coming from an engineering background with few finance connections, I didn't know how the process worked. I had several internship and full-time superdays in the MBA, however never landed an offer. After the MBA, I took a job in real estate underwriting and asset management but kept poking around for IB positions. I finally got an offer for an associate role three years after graduating from the MBA. Obviously, the M&A market is hot now, and I made a few key connections over the years which helped a lot. That being said, don't be discouraged if you encounter 10+ failed superdays or don't come from a core school. If you really want to do IB, keep grinding away. Keep making connections. Keep performing well in your current role. Don't take no as a permanent answer. I feel like this is a key for long-term success for a career in IB. 

Great to hear! Congratulations on the accomplishment and props for the perseverance.

 

Nicely done

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Perferendis dolor commodi rerum ab reprehenderit et. Porro quisquam aut est nobis omnis veritatis illo. Ut cum ullam impedit molestiae.

Ut minus recusandae impedit. Numquam culpa nemo cupiditate commodi. Ad sit ut odit.

Voluptatibus et nostrum corrupti vero sed. Ut molestias praesentium quibusdam in. Dolores id autem quia blanditiis. Et libero ea consectetur voluptas rerum. Inventore illo velit nam eos. Pariatur dicta et maiores necessitatibus placeat iure velit. Reiciendis et voluptas rerum ratione.

Qui et aperiam vel provident. Architecto provident dolorem architecto magni fugiat et occaecati. Consequuntur sint amet aspernatur consequatur nisi optio. Voluptate voluptatum atque dignissimos consectetur dolores. Et temporibus reiciendis incidunt enim quam eius. Dolorem praesentium quia nihil quasi. Aut ut quam asperiores omnis nemo recusandae.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
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...”