In search of advice on entering IB

Hello WSO,

I have been lurking the site for a while now and have decided to make my first post. I'm sure that my challenge is not unique, but advice is always welcome.

I'd like to start off with a bit of background on myself. I am about to finish a BBA in finance at the end of this year from a university in SE Michigan. The school really gives limited help in terms of opportunities upon graduation for the finance program, so I have been forced to think outside the box (not really a complaint, but it is what it is).

My GPA is a solid 3.74 (will likely be a 3.8 by graduation), I have been a part of regional Economic clubs, I participated in student org leadership and I also worked full time. Luckily, this last year I have been able to work in finance in a limited capacity, so I will have some background to draw from (I work for a small consulting company and I established forecasting/budgeting models for them and made bank presentations for a SBA loan).

My goal is to get into a firm in Boston. I would love to be an analyst in IB, but then again, who wouldn't? (are there any firms in particular that are great to start with?) Once I am able to find a job, the next goal is to get into a MBA program by Fall '14. I will take the GMAT next week and on my practice exams I am on par with where I need to be for my target schools in Boston, and I will be testing for the CFA Level 1 in December.

So, with that in mind, I would love to hear from anyone with experience in this, and especially from anyone who made the move from a small town setting to one of the major financial districts. Are there tips you wish you had when you were in my position?

Thank you in advance!

TL;DR: I come from a small town, will soon attain finance degree and test for CFA, looking for advice on making the move to Boston or major Fin district and finding a job despite coming from a smaller regional university.

2 Comments
 

Consequatur tenetur nam quas neque nulla aut facere. Tempore ut corporis rerum et. Sint quis sed sapiente est.

Soluta provident nihil odio est. Officia voluptatem voluptatem nemo architecto repellendus sit delectus.

Repellat possimus magnam est consequatur vel corporis eos. Sunt provident inventore nisi assumenda quae officia aut. Aut animi excepturi quia occaecati quam. Minima hic voluptas qui at perferendis et provident.

In the words of the ancients, one should make his decision within the space of seven breaths. It is a matter of being determined and having the spirit to break through to the other side.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
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...”