"Experienced" Analyst
Can I apply to Experienced Analyst positions (as a graduating college senior) if there is no "required: 1 years of investment banking experience" specification on the job listing?
Has anyone had success with this?
How strictly do firms enforce the "experienced" aspect of the application?
Insights from bankers who lead recruitment efforts is super helpful. Thanks!!
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You can apply to whatever you want - whether you get black balled for being an idiot is another thing.
If you're not an experienced analyst, why waste everyone's time? You're not going to slip through the cracks and I highly doubt you'll be in an advantageous position to the people they're looking to hire.
Taking liberties with application requirements is more like the company asking for 5 years of experience and you have 4 - not, the Company is asking for experience and you have none.
Didn’t know you could black-balled for doing that.
Only asking because I’ve heard mixed responses from people in the industry. Some say to apply to everything and network hard.
Network hard, absolutely.
But don't apply to a second or third year analyst role because there is an opening - it's very much implied that you'd need to have 1 - 2 years of experience - gotta use your brain a little bit.
The whole “ignore job requirements” advice applies to situation where you can 100% do the job but just don’t meet some bullshit arbitrary requirement, like x years of experience. E.g. they want a FP&A manager with 7 years of experience and you’ve been an FP&A manager at a 300-man startup for 5 years.
It doesn’t apply when the job posting says “we want an experienced IB analyst with closed M&A and financing transactions and proven modeling ability on live deals” and your entire resume is 0 full time work experience and an A- in your state school’s intro accounting class.
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