When to network? (SA 2026)

Recruiting season begins soon. Seems like there’s no specific answer, but when is the best time to begin networking (sending out those first cold emails)?

I’ve heard October/November is best. Not too soon to where it’s hardo but not too late. Does anyone have any insight? Also, does this differ by firms (by a lot?) or are they generally around the should on when you should start networking. I’m looking for mostly energy IB.

28 Comments
 

I started about a month ago and have been relatively successful, although I try to play a little dumb to avoid looking like a hardo. Some bankers have explicitly commented that I'm "doing the right thing" by reaching out this early (usually accompanied by a joke about how messed up timelines are), so I think it's generally fine. 

My school's placements advisor recommends to start freshman summer because dealflow is lower, so it's somewhat easier to get their attention initially; from then on, you've just gotta maintain the relationship and see it through. That's how I've been approaching it. 

 

Follow up question on this - doesn't it make more sense to start networking calls closer to actual recruiting time? ie. if you reach out today but their process starts in March of next year, doesn't it make more sense to start networking later? Unsure but would love someone's take on this

 

That’s what I’m stuck on too. If you reach out now, wouldn’t it come off as hardo/you’re more likely to just get your email deleted?

 

Also don't know what the point is, ppl you network with can't push your resume now for something that doesn't open for another 6 months. Feel like it's more likely they will remember you fresh and be helpful when you network later (November-ish), but don't know if that the correct line of thinking.

 

You need more than 1 call or whatever to get a referral a lot of the time. You do a chat now, update them on your Y2 Summer and one closer to recruitment with events/off-cycles/networking events and do another call/coffee then. 

Reason to do now would be to leave time for that process

 
Most Helpful

DONT NETWORK NOW! Just wait till September-October, trust me on this. If you network now, lots of analysts will think you’re a hardo (and consequently won’t want to work with you). You will also have to ask for a second call later in the year for them to remember you (which many won’t take). Just stick with the tried and true method of networking 1-2 months into school.

Most analysts also won’t even start taking names from calls until September-October, so you may have some good calls, but there is a high probability that it was a waste of time.

 

I'm the guy from above who encouraged starting now. I do agree that the second call thing is difficult; some of the analysts/associates I've spoken to told me to get back to them in the fall so that they can be more helpful. Still, I've found that it's not too difficult to maintain contact, especially if they like you; just stay on top of things...Even if you're starting in September/October, you've gotta make sure that they remember you by December/January. 

 

An upperclassman told me to start networking around October/November because of how accelerated the recruiting was for SA 2025. I imagine the analysts receive many email requests during the winter break, so it's better to start reaching out before December. Side question: Assuming you go to a target school and have a solid resume (e.g., non-diversity, 3.7+ GPA, 1-2 IB-related internships, multiple finance/non-finance extracurricular involvements), how hard is it to land interviews if you didn't network that much? 

 

For EB, I’d say you need at least a 3.8/3.85 nowadays, but as long as you network you will be fine

 

Now. Our class of sophomores waited until December and it was way too late. Couldn’t hurt to start making touch points so you can reach out for a second/third chat in the coming months.

Some people say that the bankers don’t care/forget you over time, but I noticed that my second and third chats were considerably different and it’s better to be safe than sorry.

 

Can you elaborate on how second and third chats differ from initial ones? I've only done first chats so far, but I've been a bit worried about just...figuring out what to think about when talking to people about the same job a second time. Thanks so much!

 

Often more casual and you can get a real sense of the group. More time for small talk at the beginning and you can add more to the conversation with what you've done. Try to get them to tell stories or walk through a specific deal at a deeper level (extra points if you discussed part of it last time). Make sure you've been researching it so you can have a back-and-forth. I liked to use some line like "I've been reading about xxx. Could we walk through one?" I also avoided outlining the later calls and again, keeping it more casual. These guys are looking for a break from work, but many people like sounding smart and teaching others so try to strike that balance.

I also targeted shorted follow-ups when I didn't have as much to ask about.

 

Et quae aperiam ratione est libero. Unde est totam voluptatem pariatur provident exercitationem maiores non. Autem ex placeat voluptas veniam expedita et et. Tempore minima dolores consequuntur et explicabo veniam rerum a.

Veritatis dolorem minus voluptas omnis eos omnis officiis enim. Pariatur sed repellendus ipsa. Eligendi commodi consequatur quas assumenda debitis. Provident sequi delectus rem illum fugiat animi totam. Neque dicta aut explicabo et alias non. Et porro velit rerum iure magnam.

Illo veniam deserunt dicta provident nam. Corporis quia voluptates quia voluptas velit alias debitis.

 

Aut labore et cupiditate qui cum doloremque quia. Voluptas adipisci rerum minima sit sequi impedit qui. Magnam at aperiam cum explicabo. Voluptatibus provident sed atque aliquid nesciunt assumenda ducimus. Aliquid at quasi est perferendis dicta quia ut perspiciatis. Nobis et quis rerum inventore.

Alias voluptatem nemo molestiae voluptas. Impedit voluptatem sed inventore sapiente in molestias. Quod culpa quam eum cum. Omnis quidem molestiae ducimus at in aliquam ducimus. Dolore eos aspernatur alias qui.

Beatae ut veniam inventore odio. Cupiditate ea et beatae et officiis. Nihil nesciunt aut delectus reprehenderit voluptatem qui.

Esse esse nihil quos. Voluptatibus soluta labore cum ut. Aspernatur vero animi veniam doloremque accusantium aut harum.

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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”