When to start networking for FT ‘25

I landed an IB internship for summer 2024 at a large, MM bank. I started recruiting late (march) and I’m glad I got anything coming from a non-target (1 person did IB this summer) and being non-diverse. I am definitely looking to lateral to a BB/EB for FT and was wondering what that process is like and how early I should start reaching out to network. I have good connections at a handful of BB/EB banks but definitely looking to expand my horizons. Should I wait until I have actually started my IB SA or should I go ahead and start networking soon. I know FT recruiting is tough and any and all advice is appreciated.

17 Comments
 
Most Helpful

Week 3ish of your internship. It comes off as in bad taste (like you're obviously looking to upgrade banks, and not giving your SA a chance) if you email before you even start.

If you want to save time, can tee these up in the weeks before your internship starts... just schedule send through weeks 3/4/5. Would save some time on email writing, and return offers are a must so you have to prioritize that over recruiting. But I would not be doing fulsome networking before you even start.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
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...”