Need Help

Currently a senior at a non-target (still a respected business school). Have three IB internships, student athlete, and campus involvement on my resume but nothing lined up. I see so many of my classmates getting jobs and can't help but feel nervous. I know FT recruiting happened in August/ September but I didn't get great traction. I have reached out to virtually every recruiter and am continuing my networking efforts. Will seats open up later this winter and early spring or am I screwed? Feeling even worse with the potential layoffs Q1 2023.

 

Yes I did, I stayed on with them for the fall. I wanted to see if I could make the switch to a larger bank FT. I have a classmate who graduated last year who didn't intern at a bank but got a FT role with Citi in February. I was curious if any seats might open up like that. I know some banks off early career cohorts.

 

Do you mean as a lateral or campus recruit before graduating? The processes are pretty different. Also, was it one of Citi's untraditional groups like carbon transition etc? I could see banks hiring for those groups and DCM / ECM but not traditional coverage to be honest. If you want traditional ibanking at a BB/EB, best bet is to lateral after 6-12 months on the job.  

 

I talked to him when he was going through the placement process but another contact mentioned he believed a kid who went to my school (assuming that kid) was in the energy group. I have been told by multiple banks that campus recruitment has concluded and they will keep me in mind if anything needs to be changed. Preferably I would like to start at a BB/EB/ top MM upon graduation but I know how difficult it is. I believe I have built a very strong resume, however I did not realize how early IB recruitment was and how important your junior summer is. My concern is the bank I summered at is a no-name MM where I have no chance to lateral into a top bank. I am also interning at a much more known MM (offices across the country) who was recently absorbed by a large commercial bank.

 

Quam quas accusamus molestiae deleniti pariatur cumque deserunt. Dolores saepe consequuntur recusandae et illum facilis. Harum rerum quod quos et quas quae. Earum exercitationem nesciunt eum saepe non.

Impedit nihil aut repudiandae tenetur autem ab. Autem sequi qui dolorum repellendus occaecati nulla. Non nisi totam similique minima. Non sunt qui accusamus ut nihil necessitatibus.

Earum omnis praesentium vitae assumenda minus. Repellendus et est vitae odio. In tenetur accusantium neque at recusandae. Voluptatum placeat deleniti repellat possimus voluptas distinctio. Quasi qui recusandae animi. Deleniti voluptates eum beatae ab architecto accusamus quis sit.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
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...”