Nontarget-> BB IBD

Hey Monkeys, another success story from a nontarget breaking into a BB, just to give people more insight in how to go about it. I come from a school with under 5 alums in banking. so networking was by far the toughest thing for me. I realized that I wanted to pursue banking during the winter of my sophomore year and spent every Sunday emailing at least 50 people per firm. Not sure if this is the best way to go about this but I always aimed for 10 analysts, 10 associates, 15 VP/Directors, and 15 MDs.

I always tried to find something that was relatable, ex) same sport played, grew up near me, also a nontarget banker etc.. Sent those emails Tuesday 10-11 am found that I got the most replies around that time. On top of that, as a nontarget student have your technicals down, I never got anything harder than the guides, so keep reading those until the answers come second nature, but make sure to understand and not memorize. Through networking, I met one associate and we really clicked, sent my resume to HR and I got a first-round at the BB. Because of this pandemic, my first round was a 30-minute phone interview.

I think the main thing to keep in mind here is they're meant to be conversational, have 7-8 stories which can be applied to all the different behavioral questions. I used my contact to find the deals the people had worked on and looked them up to think of well thought out questions which is something I believe really differentiated me vs the target school kids. During the superday, one of the components was a zoom call with an MD, and I believe this 30-minute phone call got me the SA offer. I did everything I could to show my enthusiasm for the job, looked up his Twitter, Linkedin, Instagram found common interests and brought them up, little creepy sure... gotta do what u gotta do.

Lastly, when the MD asked how I got here as he had been interviewing H/Y/P kids all day, I told him all the networking I had to do to get here and I would bring that same work ethic to the firm. Sorry if this was poorly constructed just wanted to get all my thoughts down. One thing you'll notice is there are hundreds of other stories of nontarget kids making it on this forum never ever give up, you never know how one phone call with a banker can change your life.

Comments (22)

Jul 8, 2020 - 12:08am
WasdfSOdsa123123, what's your opinion? Comment below:

Congrats on the offer! Would you mind pming? I'd greatly appreciate it!


  • Prospect in IB-M&A
Jul 8, 2020 - 12:12am
Jul 8, 2020 - 3:35am
shaw201, what's your opinion? Comment below:

I'm confused you sent networking emails out on a sunday? Or did you schedule send them for monday?

  • Prospect in Other
Jul 8, 2020 - 9:17am

congrats on the SA offer! I think work ethics, the chip on the shoulder, is key for non targets. Any chance you could pm me?

  • Prospect in IB - Gen
Jul 8, 2020 - 10:35am

Great to hear! Congrats!

For everyone messaging him for help, the process is super easy 1. network 2. practice for technical/behavioral questions 3. apply to as many places as you can, but make sure to have an extensive network in at least 5 banks (depending on your gpa, school, and internships.)

Most Helpful
  • Prospect in IB-M&A
Jul 8, 2020 - 10:38am

Yes, I'm really sorry I would PM all of you but my PM limit has been met, but this^ exactly, never stop networking because getting your foot in the door is the hardest thing as a nontarget and when you do get your foot in the door make sure you know your stuff so all that networking doesn't go wasted.

  • Prospect in IB - Gen
Jul 8, 2020 - 10:48am

It's a hit or miss game w/ networking. you might find an alum from your school who isn't helpful, or you might connect with a VP/MD at a bank that you have nothing in common with and he may be super impressed and connect you directly with HR. You have to have some thick skin.

  • Prospect in IB-M&A
Jul 9, 2020 - 11:46am

Super curious - is it DB? Heard they tend to take more non-targets

Feb 4, 2022 - 10:38am
followingpassion, what's your opinion? Comment below:

Voluptate maxime et inventore eum magni. Corrupti minus dolores dolor omnis voluptatem. Impedit labore libero deserunt quia harum. Aliquid fuga officiis iste eos architecto quas in harum.

Quod repellendus voluptatem ex maiores consectetur fugiat. Aspernatur ullam ad quo consequatur adipisci. Asperiores nihil nulla ducimus fugit earum accusamus nisi. Ea dicta et et deserunt illo. Quis nihil saepe vitae est voluptatum odit.

Sit reprehenderit voluptatum quia. Itaque reprehenderit ut occaecati consequuntur. Exercitationem omnis magnam rerum.

Odio et deserunt maiores adipisci dicta aperiam. Aperiam nihil est vero molestiae eum illo. Enim praesentium amet iure eius debitis. Cumque corrupti molestiae natus occaecati aspernatur quos nulla voluptas.

Start Discussion

Career Advancement Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • Lincoln International (= =) 99.2%
  • RBC Capital Markets (▲07) 98.8%
  • Bank of America Merrill Lynch (▲01) 98.4%
  • Houlihan Lokey (▲06) 98.0%

Overall Employee Satisfaction

June 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Lincoln International (▲05) 99.2%
  • Greenhill (▲07) 98.8%
  • Rothschild (= =) 98.3%
  • Evercore (= =) 97.9%

Professional Growth Opportunities

June 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Lincoln International (▲04) 99.2%
  • RBC Capital Markets (▲09) 98.8%
  • Houlihan Lokey (▲07) 98.4%
  • Bank of America Merrill Lynch (▲04) 98.0%

Total Avg Compensation

June 2022 Investment Banking

  • Director/MD (9) $661
  • Vice President (37) $394
  • Associates (189) $246
  • 2nd Year Analyst (115) $162
  • 3rd+ Year Analyst (17) $156
  • 1st Year Analyst (365) $150
  • Intern/Summer Associate (77) $148
  • Intern/Summer Analyst (288) $91