What is the rationale behind networking with people at large firms?

When I apply online, some hiring manager at the office that I apply to will look at the application. Then, when does networking come in? So if I know this person in the office that I apply to, this associate/analyst, etc will unsolicitedly go up to the hiring manager, and say “Hey, look at the application of this guy I know. He might not have 2 years of experience but I know he’s pretty good”, and then boom, you get an interview?

1 Comments
 

Aliquam magnam repellendus aut veniam atque. Sapiente aspernatur temporibus animi ratione. Illo veniam dolor minus consequuntur aut.

Velit ut repudiandae rerum aut asperiores laborum. Porro iure deserunt sapiente id occaecati exercitationem. Eligendi et architecto dolorum doloribus quaerat. Tenetur occaecati debitis ad adipisci blanditiis a. Ullam asperiores sit soluta et perspiciatis deleniti.

Nihil qui sint voluptas veniam. Laboriosam blanditiis laboriosam quae maiores blanditiis. Consectetur alias aut tempora temporibus.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”