From Rags to Hopefully Riches
I recently learned about investment banking as an incoming freshman at a community college. I come from a rough background, and I plan to transfer to UGA later. Is it possible to make it into investment banking even with my lack of resources? I've been reading Wall Street Oasis topics for about a week, and it's hard to wrap my head around people from Wharton and Harvard getting denied. So how will I have a chance? Should I even try for investment banking, or should I take a safer route and pursue something like computer science to break into tech? If there is anyone who has broken into investment banking with a story similar to mine, I would love to hear it. I would also appreciate any recommendations on what I could do.
I transferred from Community college to a state uni. Initially broke into commercial banking immediately after graduation then used that to get into Corporate banking. Eventually successfully recruited for IB, but decided to stay in CB for personal reasons. It’s definitely possible, albeit harder. I did 0 internships and didn’t even really know what IB was until after graduation, so you’re in a good spot in that you have a head start. I think just utilize the resources here and prepare yourself. Network with alumni and try to get an internship. Also, expand your horizons beyond IB. If banking is what you want to do, and should IB recruiting be unsuccessful, commercial and corporate banking are great alternatives that will earn you a solid life. Good luck
You are already ahead of a lot of people that managed to break into IB simply because of the fact that you know about it in your freshman year. Just make sure you focus in your classes, maintain a high GPA, join an investment committee, network, and secure internships.
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