I have to say I did all the right things that this site recommends to break into IB and have gone through SDs - all rejections. Feel very lost and disheartened. With recruiting being effectively over, was wondering what I should do as a soph with no junior SA. Thanks.
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Find a different internship. Apply to other banks maybe boutiques. Idk not super hard to figure out
Recruiting is far from over. My younger sister is currently going through Summer Analyst recruiting and from what I’ve heard from her there’s at least Barclays, DB, maybe UBS, CVP, and a lot of MM firms that haven’t started/haven’t finished recruiting yet.
Apply to S&T and ER this fall. Then, if you still want, at some point lateral into IB.
Do you have any idea what places have these roles open by chance? From what I've seen S&T is largely finished everywhere but I could be wrong.
I'm honestly not sure. I just know that, in the past, S&T positions at many BBs would recruit in the fall. Maybe it changed this year, I don't know. But two years ago, GS and MS interviewed S&T and Cap Markets people in the fall of a student's junior year (for the next summer... meaning they interviewed 10 months in advance of job starting.)
what ER shops are open
Plenty of firms are still running SA 2022 recruiting. Dont sweat you got it!
Hey man it's def not over lots of firms still recruiting. In a similar position have done like 4 SD's so far rejected from 3/4 and still waiting to hear back from one of them. As cliche as it sounds just keep believing in yourself and pushing on. You'll get something man
Big 4 accounting
All the Big 4 accounting guys I know who broke into either IB or PE are absolute demons and arguably better than the Harvard guys I know that speak Greek and went to BX out of ugrad.
Idk if this is serious but I would not shit on them whatsoever - its a great crash course in finance and produces great analysts. It’s a fine place to start.
are u talking aboiut working in the transactions side of the big 4 firm?
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