Feeling Stuck

Based on the most helpful WSO content, here are some actionable steps and advice for someone in your situation:

Networking

• Leverage LinkedIn: Join the WSO LinkedIn group where there's a discussion with people willing to connect with others. Networking is crucial, especially from a non-target school.
• Reach Out: Use WSO search to contact as many IB firms as possible. Focus on boutiques and smaller firms where you might have a better chance.
• Alumni Network: Connect with alumni from your school who are in the finance industry. They can provide valuable insights and possibly referrals.

Skill Enhancement

• Online Courses: Continue taking online courses to brush up on your finance and modeling skills. This will make you more competitive for FT roles.
• Certifications: Consider certifications like CFA or FMVA to bolster your resume and show your commitment to the field.

Application Strategy

• Target Smaller Firms: While BB and most MM IB shops might be out of reach, focus on smaller firms and boutiques. They often have less rigid recruiting processes.
• Tailor Your Resume: Highlight any relevant experience, even if it's tangentially related to finance. Emphasize your GPA and any leadership roles or projects.

Mindset and Persistence

• Stay Positive: Understand that the process is not one-dimensional. Many have faced similar challenges and succeeded by being persistent and adaptable.
• Be Proactive: Don't wait for opportunities to come to you. Actively seek them out and be prepared to seize them when they arise.

Additional Resources

• WSO Forums: Regularly check the WSO forums for advice and updates on job openings. Engage with the community to stay informed and motivated.
• Guide for Investment Banking Full-Time Recruiting: Refer to the guide available on WSO for detailed strategies on full-time recruiting.

By following these steps, you can improve your chances of breaking into investment banking despite the challenges. Stay focused, keep networking, and continuously improve your skills.

Sources: Non-Target to MM IB: My Advice, Guide for Investment Banking Full-Time Recruiting, Networking 101 – 8 tips from a “non-target” school student, Non-Target to MM IB: My Advice, Advice on career and the switch into investment banking