How to Get into IB in NYC as a Belgian Green Card Holder

Hi All,

As a first post, I would like to share my experience and aspirations.

I am moving this month from Belgium to NYC, as I recently got a Green Card. My professional experience is mainly in operational and corporate finance (focused on FP&A) in Dubai where I stayed 3-4 years. I graduated magna cum laude with a Master in Finance from a top business school in Belgium. I'm also a CFA level III candidate. My goal is to get into IB, with NYC being my preferred location. I studied corporate finance (especially M&A) in detail, so I have a strong theoretical knowledge but obviously very little practice.

Any advice on how to improve my chances to get into IB, especially in NYC? It's a great challenge but I'm ready to face it.

Thanks for your help!

Comments (31)

Jan 23, 2022 - 11:03am
Descartes, what's your opinion? Comment below:

Thanks for the comment.

Cogito Ergo Sum

Jan 23, 2022 - 10:39am
Descartes, what's your opinion? Comment below:

I got it via the Diversity Visa program.

Cogito Ergo Sum

  • 1
  • 1
Jan 23, 2022 - 10:58am
Descartes, what's your opinion? Comment below:

Please share something more helpful, thanks.

Cogito Ergo Sum

  • 2
  • Intern in IB-M&A
Jan 23, 2022 - 12:32pm

im sorry but saying "top belgian business school" sounds really douchey when 99.9% of the people on this forum can't name a single school in Belgium

Jan 24, 2022 - 4:02am
Descartes, what's your opinion? Comment below:

Actually, it wasn't my purpose to sound "douchey". I just wanted to highlight that the school has one of the hardest degrees to get compared to other schools in the country. Sorry if most people don't know about our schools in Belgium.

Cogito Ergo Sum

Jan 24, 2022 - 4:47am
Vænnen, what's your opinion? Comment below:

There is not a single Belgian university in any of the top 25 European Business School rankings....

Most Helpful
Jan 24, 2022 - 6:07am
Descartes, what's your opinion? Comment below:

Sorry, I don't spend my time on rankings. I was looking for a demanding and decent academic program in my own country. As I grew up in a very poor family, it was a big challenge to follow such a path.

Cogito Ergo Sum

  • 5
Funniest
Jan 23, 2022 - 1:25pm
k1k10, what's your opinion? Comment below:

didn't yall surrender without a fight in both world wars? idk if Goldman would want someone with sissy heritage like that turning comments for their M&A team honestly. maybe getting citizenship somewhere more based could help

Jan 24, 2022 - 4:48am
Vænnen, what's your opinion? Comment below:

Fighting WW II on the allied side is not really based....

Jan 24, 2022 - 11:29am
k1k10, what's your opinion? Comment below:

you're weird as fuck dawg why do i always see you saying some racist or anti-semitic on every thread. of course you would say fighting on the allied side isnt based. some people werent told to shut the fuck up enough as youth and you are a prime example

  • Intern in IB - Gen
Jan 23, 2022 - 2:03pm

Get a MBA from a top US school. Americans won't recognize European schools so you'll most likely need to rebrand yourself. Go to a finance-focused elite MBA and you'll be fine - think Wharton / Booth / CBS / Stern / Cornell

Jan 24, 2022 - 6:23am
Descartes, what's your opinion? Comment below:

Great, I'll focus on these schools :)

Cogito Ergo Sum

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Jan 23, 2022 - 4:48pm
Anonymous Monkey, what's your opinion? Comment below:

You need a top 25 MBA and also need a network so you can get referrals. It's extremely hard to recruit if someone at the company isn't referring you 

  • 1
Jan 24, 2022 - 6:22am
Descartes, what's your opinion? Comment below:

Thanks, I'm preparing for the GMAT exam and checking info sessions for business schools in the US.

Cogito Ergo Sum

Jan 23, 2022 - 5:48pm
Incoming cfa level 1 charterholder, what's your opinion? Comment below:

This is a great market for hiring. I think your least path of resistance is applying to a European bank. European banks will understand your culture and probably know your school. Think Soc Gen, BNP, Natixis, Credit Agricole, etc. I would go on LinkedIn and try to find people from Belgium who are working at those banks in NYC. Maybe try reaching out to someone in Europe to ask about the industry, and then ask if they know someone in US who would be willing to speak with you.

Additionally, try rating agencies. They are bleeding talent, and after a year you should have no problems moving into IB.

Array
  • 3
Jan 24, 2022 - 6:18am
Descartes, what's your opinion? Comment below:

Thanks for the advice, I should consider focusing on expanding my network within those banks then.

Cogito Ergo Sum

Jan 24, 2022 - 3:24am
Markdivine, what's your opinion? Comment below:

Here's what he did, and what he recommends to others.

  1. Get an internship early - even if it's not on Wall Street. ...
  2. Make LinkedIn your life. ...
  3. If you can get in with the firm where you intern, then go for it. ...
  4. Send résumés early. ...
  5. And send résumés often. ...
  6. Make Excel your best friend.
Jan 24, 2022 - 6:10am
Descartes, what's your opinion? Comment below:

Thanks for this helpful list.

Cogito Ergo Sum

  • Analyst 1 in IB - Cov
Jan 24, 2022 - 12:03pm

how many languages do you speak? And which ones? Might know a place that would be interested.

Jan 24, 2022 - 12:11pm
Descartes, what's your opinion? Comment below:

Thanks for your reply. I'm native French speaker, I speak fluently English, intermediate level of Dutch and Arabic. Thanks for your help :)

Cogito Ergo Sum

Jan 25, 2022 - 4:47am
HardestOfHardos, what's your opinion? Comment below:

For your profile London is a lot easier. Especially for BeNeLux focused teams. Though, I get you want NY specifically

Jan 25, 2022 - 5:55am
Descartes, what's your opinion? Comment below:

True, but given my lack of work experience in IB, I'll still need an MBA to make the transition, even for London.

Cogito Ergo Sum

Jan 25, 2022 - 8:41am
SF3K, what's your opinion? Comment below:

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Jan 25, 2022 - 8:54am
Descartes, what's your opinion? Comment below:

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Repudiandae ab eius alias autem dicta mollitia hic vel. Sunt voluptas inventore quasi. Animi est nostrum est odit vitae dolorum suscipit. Quas et corporis consequatur ut natus quasi qui. Accusamus ut impedit officia voluptatem et ipsam sed. Sint dignissimos dolorem et exercitationem veniam sint error.

Excepturi inventore voluptatem minima necessitatibus ut ut rem molestiae. Voluptatem soluta qui quis iste debitis dolor mollitia. Laudantium numquam velit quibusdam occaecati non aut. Voluptatem veritatis magnam aut ut exercitationem quisquam. Veritatis voluptas saepe sunt et quisquam quis facere.

Cogito Ergo Sum

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