Networking as a Post-Grad

Hey guys, I’m really unsure about an aspect of my networking strategy, and I’d like to run it by you all. Quick background: I’m pursuing IB analyst positions, been out of undergrad 1.5ish years, extreme nontarget, finance major. I’m far from financial hubs and have no FT finance experience. My internships are PWM + PE with modeling + currently interning in niche AM.

I’m not asking about job searching/cold calling. To be specific, I’m wondering how I should engage certain “warm” leads - they’re usually either bankers I track down through acquaintances, or bankers I notice were in the same fraternity (national, not chapter). These aren’t as “warm” as family/friend connections or even alumni.

In the past, I’ve reached out to request advice, usually leading to a phone conversation. On the phone, I ask how they got into banking (or African yacht leasing, etc.) and/or how they like it, ask what someone in my situation should do if they want to do IB, and that’s it. I’ve never hinted at opportunities, even indirectly, because my understanding is that’s usually a big turn off; I leave it up to them to initiate any sort of further help. One guy recently asked for and is now pushing my resume around; everyone else has offered kind advice, which I truly appreciate, but ideally I’d like to get reactions more like the former.

I avoid the informational interview method since I can't just shoot the breeze then follow up in the fall to ask about recruiting - is this wrong? Should I ask open ended background questions and shoot the breeze more, and focus less on advice/my situation?

I realize networking is an art, but what exactly should I be doing differently with these contacts? Ask for referrals? SBs for any input. Thanks for all your help, WSO. I'd be nowhere without this site.

swagon

3 Comments
 

It sounds like you have the right idea in general. I don't think it's a bad idea at all to say something along the lines of "thanks for your help, do you have anyone you could refer me to? Anyone i could speak with?" and that sort of stuff. Chances are, if they are taking your call, they know you want to get into the industry and aren't blind to the fact that your motivations are to get a job, not just make friends. If I get a call like that and have any real connections to people looking for employees, I'd possibly send the person's resume along or something like that if I thought they were worthwhile / a fit.

Just don't be pushy while getting to know someone or come off as needy. Networking obviously is an art, but it sounds like you understand that.

 
Best Response

Repellat eveniet autem quia et dolorum officiis. Reiciendis vero non asperiores non ut aperiam voluptatem. Voluptates dolores et asperiores consectetur. Ut dolorem eum ea a deserunt labore. Ducimus qui fugit fugiat amet et earum quia et. Et at ut maiores at corporis.

Dolorem itaque sint maxime id quis. Quae nihil odit in. Eos dolores id commodi voluptatibus.

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”