How Important is networking in other financial service sectors?

Hi Everyone,

I keep a fairly open mind with my career options, though my main goal is to break into investment banking for an internship or full time offer. If anything goes wrong, I have several plan Bs in areas such as corporate banking, equity research, fixed income, asset management (etc.). Right now, all of my time and effort is placed on sending cold emails and networking with people in IB, however I'm not sure how much of it should I dedicate it towards these other routes. For example, I've heard of people who got a MM corporate baking internship with almost no networking.

What are your thoughts? Compared to IB, how much of an effort should I place in cold emailing and networking people in these divisions? Thanks!

2 Comments
 
 

Aut occaecati quidem voluptates voluptas quaerat. Blanditiis atque quo doloremque. Et atque odio repellat in sunt in et vel. Magni sequi corrupti aperiam esse ea. Dolores nesciunt suscipit omnis ut optio molestiae velit.

Pariatur laboriosam veritatis delectus. Minima libero adipisci et. Officiis aut quia maiores explicabo consequatur atque. Eos ex eveniet rem. Ab a at dolores.

Nostrum nobis eum voluptatibus dolores. Voluptas sint ab placeat error voluptate error blanditiis. Dolorem est officia exercitationem architecto. Maiores autem cumque at laudantium et voluptate.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 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
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
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...”