Can a friend really get you in the door?

Is it true that a friend who works at a first tier prominent bank (the friend's brother is a md at the same i-bank) can get me in the door for an interview if my experience is lacking and i don't come from a super-elite target school?

Also, I've been out of school for one year and work in the finance dept of an oil.gas private co.

thanks.

11 Comments
 

likely so, but you better be worth him doing this. if he tells his boss to get you an interview and you suck so much it makes it blatantly obvious you just got there through a hook-up then that'd be really bad, especially for the friend.

 

What do you mean, "you better be worth him doing this"???

Basically, it would just be him suggesting a guy (me) who's smart but just ended up with some weird shitty circumstances.

i know my shit reasonably well. i just studied at the Univ of Sydney (which is a really prestigious school down under)... and couldn't do the internships or summer positions in either the usa or australia due to 1)no non-australian can do the summer internships in OZ' without permanent residency 2) the times of the semester conflicted with the internship possibilities...

so, come job time, i had to use a hookup to get my current position in oil/gas

 

Have you guys ever come across an analyst who didn't have a summer internship with a BB?

Basically, I don't have all the shit you need to have an IB analyst position, luckily i like my current job.

What are the odds that if I get my CPA, CFA, continue to kick ass at this current oil.gas job, get a great MBA... then would I have a shot?

 

At some firms it's easier to get in as a full-timer and others it's nearly impossible. For the latter, I know that Lehman hires a lot more summer analysts than most BBs do because they choose the vast majority of their full-timers from the SA pool (80+ percent).

 

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