Engineer trying to break into Corporate Banking - MEGATHREAD

I am an Industrial Engineer from a top public university (for engineering) with a 3.4 GPA and a 3.7 Major GPA, and I am really passionate about breaking into FO at a BB. This summer I will be interning in a BB in the risk division not at NYC.

I am looking to find a full time gig in the FO of a BB, primarily Corporate Banking but I am not sure if my stats are right. I was also thinking on applying to transaction banking and/or treasury services.

So my questions are: 1. Should I go for the stretch and apply for Corporate Banking even though their required GPA is a 3.5? 2. Should I apply to the other FO divisions that have lower GPA requirements (3.2)? 3. Should I stick with risk just for the sake of making it in NYC and then try to move up?

THIS IS FOR **2019 FULL TIME **

Thanks,

8 Comments
 

Well TBH I didn't know anything about the IB world and so I didn't apply to any FO positions. For the risk gig, I applied online and I somehow got into the last round of SuperDays. Can you share some advice on how you broke into finance as an engineer?

P.S. I know I have to network hard, just don't know how to do it either. I am a foreigner, which is why I didn't know much.

 

Well TBH I didn't know anything about the IB world and so I didn't apply to any FO positions. For the risk gig, I applied online and I somehow got into the last round of SuperDays. Can you share some advice on how you broke into finance as an engineer?

P.S. I know I have to network hard, just don't know how to do it either. I am a foreigner, which is why I didn't know much.

 
Best Response

How old are you? May sound too personal, but I posted a similar thread on this board in the past. I'm an EE who got burned out on the travel. I tried the Financial Advisor route, which is a far cry from what you want to do, but even with that career path, making the transition at 50 was impossible.

One of the regs on here stated he made a career change at 30 into finance and it damned near killed him doing it, so age is an issue.

I chose to go back to engineering. I realized I wouldn't make it as a FA and I realized that after 20+ years as an engineer, I am what I am.

Good luck. Some of the finance/IB/RE/VC guys/gals on here can give you tips on networking.

 

Ut animi possimus cumque accusantium. Quod quas nostrum reiciendis eveniet. Optio accusantium velit quibusdam delectus voluptatibus quo. Quae enim et excepturi sed.

Perferendis sunt nostrum libero quasi quia aliquid ipsum. Tempore quos aut sed quia id labore. Rerum nihil nam magnam fuga perspiciatis dicta. Ea veniam in in. Non eius aut voluptate dolorem. Delectus est et sapiente fugiat.

Quibusdam sunt vero odio qui sint qui. Velit consequatur vel quis veniam. Sit enim exercitationem porro aut.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 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 97.8%
  • 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 (81) $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

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...”