Location, location, location?

Hello Everyone.

About 5 years ago I decided I wanted to work on Wall Street as an IB. Unfortunately, I went to a non-target university in the southwest and after college I started working for other southwest universities as an HR analyst. Even though I graduated in Finance, I was looking for employment back in 2008, so very little was available Anyways, I might be moving to New York City later this year to start another job similar to the one I currently have. However, I was wondering if it is usually easier to get your foot in the door with investment banking by living near Wall Street?

I believe it would be easier because living in New York would allow me to network directly with IBs instead of over the phone or online. Also, if I had an interview, I would be right there and ready for it. Have any of you experienced living closer to a target usually provides more opportunities? Or is this some myth that was created?

Thanks for help!

3 Comments
 

There are plenty of topics on similar situations such as yours, try the search bar at the top - it's your friend.

I can see being located in NYC as helpful if you're able to get someone to meet you for coffee or lunch. Otherwise, you should be utilizing your Alumni database and cold-calling/emailing as many places as possible.

Prospective Banker. Gentleman. Bodybuilder.
 

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