Increase Internship Chances by Applying to "Bad" City?
Since it seems that most people want to land an offer in NYC, or maybe Chicago or San Francisco, can one increase his or her chances of landing an internship offer at a BB by applying for a job at one of the less desirable locales, like Charlotte or Houston? Is this a good strategy? Also if you do get an internship at one of these second-tier cities, is it then more difficult to transfer to one of the bigger, more desirable cities?
Depends on the firm but traditionally big cities get more applicants per place so chances are slim. Lesser known cities may get less applicants but also have fewer places. This also depends on the city; GS has been hiring quite a bit in SLC. If NYC has 1000 candidates for 10 jobs, Charlotte may have 100 for 2 so a higher % would get in but the absolute number of places will be smaller.
A good strategy is to apply to a 2nd tier city WITH a bonus language requirement. Not sure about BBs but in MBB I know a few French people who didn't get into Paris and applied to Morocco to lateral back to Paris after 1-2 years.
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