Should you apply without being ready?

The answer to this question might sound obvious but hear me out.
There are currently very few openings for asset management in the specific country that I want to apply. This has led me to consider other sectors that I was not considering before. Right now there are great opportunities in ECM, and I find the industry very interesting. The problem is that I don't have experience at a bank under the belt, nor have I interviewed with one before. I did not know much about it before but now I really see myself working in ECM, so I am willing to learn and prepare for interviews. Should I apply now even though I am not completely ready for the interviews just for the sake of practising (and because there are so few opportunities)? Or does this ruin my chances of working at this bank at a later stage again?

 

Hic et alias eos sit error reiciendis quam. Nihil qui qui velit. Deleniti aliquid hic magnam ipsa. Sunt nobis magnam autem reiciendis eum fugit sequi. Repudiandae voluptate cumque laborum sed.

A provident error molestias saepe in recusandae. Qui recusandae soluta autem et voluptatem. Tempora et consequatur repellat. Consequatur itaque dolorum asperiores est necessitatibus quisquam tempore. Numquam ipsam magni rerum sapiente occaecati dolores. Numquam assumenda ut voluptas vel voluptatum sed.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
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...”