How many of you obtained your current positions via networking?

There are a myriad of posts about success stories but they are few a many amongst the overall posts.

I'm curious how many people got where they are based on SOLELY networking.

This is what I'm not considering networking

-you apply online and you happen to get called back

-you go through OCR/do a resume drop and get called back

-there is a career fair, you drop your resume and keep contacting the recruiter to ensure an interview (this is kind of networking but most of the hard work is taken away because you know the individual is recruiting for positions and the awkward intro. isn't really there. Its not the same as cold calling/emailing random people)

In addition, did you attend a target, semi-target or non-target. Do you have a FO role and did you want this position in/out of college or did you take it to just have a job?

6 Comments
 

I did. Went to a target for most firms, although not the one I accepted.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 

I got all three of my summer internships from networking (cold calling/emailing). My FT position might be through OCR, but I wouldn't have gotten it without my aggressive networking before hand.

 

Networked into a boutique SA position and also secured 3+ SA interviews/offers with networking. Though my current position was gained from applying online, networking definitely works and it would be extremely foolish to think it is a waste of time. If nothing else you build connections that could come into play down the line. There is more to life than your junior year summer internship and first job out of college.

-Nontarget, MBB SA->FT

 

At tenetur reiciendis voluptas officiis. Fugit distinctio consequatur dicta quis rerum voluptatem.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”