High Hopes to 3.6% Odds
I'm really struggling to make sense of this.
I took the WSO Odds Calculator quiz, and even with a high GPA from a target school and solid internship experience, it's telling me my chances of breaking into IB in the US is low.
I always thought being at a target school practically guaranteed a foot in the door in IB. Now, I'm here scratching my head – is there something I'm missing?
As a student from a well-known target school, this really threw me off.
Is the US VISA requirement really such a game-changer? It's surprising how much it seems to impact the odds, even with a strong academic and professional profile.
Does anyone know how this calculator works? What factors could be dragging my odds down this much?
What is your GPA exactly?
3.9 GPA
Yup, don’t bother applying you won’t get in because of those odds. Getting into IB is kind of like getting into Harvard, but you can always go to fp&a (Rutgers) in case it doesn’t work out for you
except Harvard doesn't make you wonder why you didn't just go to Rutgers
The hiring market is slow but recovering. I have seen several people receive new jobs recently. Stay persistent and apply to many jobs.
Also, your odds of getting that IB job increase significantly once you purchase the WSO interview guides / modeling courses lol
Yeah, happy to do a livestream at some point going over the logic of how we set various factors /handicaps... You're likely getting super low odds because you selected elite boutique and/or BB IB. If you had put any finance or even any IB your odds would be significantly higher, although in the US, needing a Visa is a massive handicap and limits your odds dramatically.
You guys conveniently excluded the (probably) single most important factor of whether or not someone will break into IB: diversity. From a nontarget, it literally 10xs your chances. From a target, it makes them effectively 100% at least for a BB/MM. I understand it’s a controversial topic, but any “percentage” calculator for breaking into IB is laughably inaccurate if it doesn’t take that factor into account.
I have a spanish sounding name but I’m not spaniard at all (Western Euro). Should I play the Latino card to increase my chances of being hired at some US BB?
I don't know the calculator and not much more about you, your post doesn't say that much.
Are you an international student in the US?
If yes:
F1 -> CPT/OPT -> (extension) -> H1b (or E/L,..) -> GC -> citizenship
(this is only high level, does not include other options, and does not have any details of your situation)
At each step your odds will be impacted by the economy, competitive market balances, luck, skill and more. It is impossible to say what will happen. All you can do is try.
There are plenty of internationals who land a visa sponsorship and a job. There are also many who move to Canada, the UK or elsewhere.
Lmfao thought this was a troll post initially. WSO rlly be creating odds calculators
Here is the deal: you have less odds than you thought you would coming from a target. One thing I thought in undergrad was that I would be basically handed opportunities with ease because of my background. I soon found out this was not the case. So what do you have to do? Hustle. Hustle hard. I saw that part of the quiz involved “how many people within the industry are you talking to?” This is key.
Leverage your alumni network, which should be strong and interview as much as possible. It’s only November, so you still have a lot of time if you want it badly enough. Maybe you won’t get into an EB and only get into a regional shop, but you can always grind it out there and lateral to a better shop or get an MBA and go from there. If it was easy, everyone would do it. Hustle. Hard.
Why the hell are we creating odds calculators for breaking in? That's super counterproductive to the point of this site. OP - no need to make sense of anything it spits out. Just keep knocking on doors
Exactly. 100% chance if you don't quit. 0% if you do
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Please teach me your ways
Congrats
105%: you'll get an offer even without sending an application, Jamie Dimon will reach out to you
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