Less competitive positions

Hey everyone,

In a few months, I'm gonna go through summer analyst recruiting for 2021 internships. However, I'm stuck on what roles to apply to. I'm most interested in IB; however, I also have some interest in corporate banking, AM, and capital markets as well. If given each of these roles, I would undoubtedly choose IB but I'm not a very competitive applicant for IB (3.5 at target school), which is why I'm considering other roles as well.

My question is: Are corporate banking, AM, and Cap Markets positions easier to obtain compared to IB or are they similar in competitiveness?

Thanks in advance!

3 Comments
 

as long as you're well-prepared for the application/interview process, you have a fighting chance for IB. make sure you really understand financial theory fluently - read the vault guide to IB interviews, and (if you have time would strongly recommend reading) Rosenbaum's Investment Banking textbook. the latter might be more of a summer project, but you will for sure smash any technical questions if you spend the time on the material.

if you're a yank, which i assume you are, then i can't help you with the networking aspect. not in my wheelhouse.

but yeah, 3.5 from a target doesn't sound terrible to me. have some self esteem. cunt.

Thank you for your interest in the 2020 Investment Banking Full-time Analyst Programme (London) at JPMorgan Chase. After a thorough review of your application, we regret to inform you that we are unable to move forward with your candidacy at this time.
 
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