Advise For A Non-Target School Student

Hello everyone, 

I am a 4th semester sophomore at a public state school of around 8,000 students. I currently have a 4.0 GPA and am triple majoring in Finance, Accounting, and Personal Financial Planning. I am very involved on campus as I am part of the honors program, president of 2 clubs, co-founded a club, etc. I am a, if not the, top student in the Finance department and College of Business at my University. 

I am interested in a career in IB, and have been worried about getting my foot in the door for a while now. It is far and few between when my University sends a student to Wall Street, and it is usually due to them having connections there before they even attend college. A year before entering college I lost my parents, and I have been independent in every way since then. At the age of 17 I decided I would attend this state school to make college affordable for myself, and I am truly worried about getting my foot in the door as my University is not recognizable by many who don't live within a 60 mile radius of it. 

This summer, I have an internship in audit with a small accounting firm. I interviewed with a few other firms, one of them being for an IB internship at a small sized firm. I made it to the final round of the interview and was beat out by a junior from a target school due to him having more experience in the private side of finance. I was devastated, but realized a change had to be made at my University. 

After this, I spent weeks conducting research, planning, speaking with every finance professor, and talking to alumni, and I developed a program to fill the gaps in our curriculum and make our students finance knowledge more well-rounded. This banking program will teach students more about the private side of finance and what opportunities are available in banking, the functions of Investment Banks (M&A, LBO's, DCF's, etc.), and how to prepare for future interviews. While my school already has an invite-only class where they manage a $900k+ portfolio, knowledge in equity research and the public markets is nowhere near enough of a background to put out students on Wall Street. With this being the basis of my business plan and proposal, and having the backing of professors and alumni, my idea was approved for funding to launch this program in the Fall and use WSO courses to better prepare our students for their future interviews with Investment Banks. 

Although I don't go to a target school, I truly am trying my best to put myself in a position to succeed and gain as much experience as possible over these next 2 years to set myself up for a successful career. Even with all I have done so far though, I still am not satisfied and don't feel like it is enough to compete with those of a target school, and that my resume will get thrown away as soon as they see the University I attended. 

I would really appreciate any advise you would have for someone in my shoes who is an "underdog" due to the University I attend, and what you think I could do to really stand out and land interviews in the future. I plan on taking the CFA post-graduation, but have also considered getting an MBA from a more established school with a well known finance program. 

I have attached my resume to this post, keep in mind it needs three minor tweaks that are:

- I will be the president of the Financial Management Association starting this fall and no longer VP 

- I need to add "incoming intern" for my internship this summer

- I need to add a section about the program I developed at the University

Again, any advise helps, and I want nothing more than to have a career in IB

Thank you so much for reading, have a great weekend everybody! Resume

3 Comments
 

excellent post. i must add that OP's resume is not up to standards and (imho as a SA) would get dinged. so much white space and emptiness. poor formatting. descriptions are surface level and are horribly formatted in terms of spacing and length needed.  just not up to the quality of individual OP describes him/herself as in the posts' description. WSO, many university career sites, and even some LinkedIn hardo's have excellent templates to model off of. OP – work on the resume ASAP.

 

Commodi sed laborum quibusdam quae quaerat neque architecto. Voluptatem repudiandae et voluptas quae. Animi omnis minima dolor hic assumenda. Ipsum eum ea optio quia aut et est. Eligendi repellat quia rerum aliquam odio maiores rerum. Voluptatibus eligendi eos doloremque ipsa asperiores magnam expedita nulla.

Recusandae tempore quibusdam facere rerum consequuntur necessitatibus. Eum ipsa numquam molestias quam eum nam neque. Ut eum iste accusamus fuga aut perspiciatis hic. Molestiae qui dignissimos occaecati perspiciatis ex quas porro.

Array

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 (65) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
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...”