Start right now! Maybe start out with regional banks/banks not on your target list to get used to talking to bankers. Maybe I'm just an international but it takes me about 30-40 calls or so to get "comfortable" without sounding like I'm just rambling off a list of questions. Start early and follow up with them every 1-2 months or so and make the ask when application opens. Recruiting starts earlier than you thought.
 

 

Any advice on how to network early when you are young? I am a freshman and I really want to network to be in good position for 2022/2023 SA. Is there a way where people I reach out to will take me somewhat seriously?

 
Most Helpful

I think the people saying "never too early" are right to some extent, but you are too in your concern that it's harder to start a connection now and maintain it 4-6 months. I'm a college junior so I just finished recruiting this past year, and I honestly didn't start networking with bankers until January. Sept-Dec I was focused mostly on coffee chatting upperclassmen at my school, and prepping behaviorals/technicals (starting in Dec winter break). I think starting with upperclassmen is incredibly helpful, because you can start to get a feel for each bank without the pressure of messing up a banker coffee chat. ie I got away with asking some dumber questions that I'm glad I never asked an analyst/associate. 

They were also helpful because if I hit it off with a senior (who interned at XYZ bank and was returning full time) they could refer me to analysts at the bank, and being able to say "hey I spoke with Name and he/she mentioned you" made my email response rate higher than I think it would've. Just something to keep in mind, totally up to you and I agree it's never too early. Just make sure you're ready to network because you don't want a dumb mistake in December to bite you in April of next year

 

Repudiandae nisi et excepturi qui. Nihil incidunt dolores officia eos.

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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
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...”