Still time to get into IBD or S&T?
I am a 3.7 GPA, senior accounting student at a non-target, and to be honest, I'm thinking of delaying my graduation. I'm an accounting assistant at a regional fast-food chain and an incoming big 4 audit intern. I transferred here from abroad (i'm an immigrant) so this was the only option for me logistically. Is there still hope to get into investment banking? Or Sales & Trading. I could push graduation back. I'm thinking of either delaying graduation, or applying for MSF programs. What do you guys think?
Pretty sure we talked about your resume a while back. Unfortunately, the area you immigrated from won't have you count as "diversity", and therefore you won't get an easier or expedited interview process at banks. You would have to push your graduation back two whole years to be eligible for internship recruiting (normally you interview for junior internships the spring of your sophomore year), and honestly you wouldn't be a very strong candidate even if you did push your graduation back. You would have to try to recruit for fulltime roles, and with the state of the market those spots are incredibly limited and intensely competitive. Sorry if this is harsh, it's just the state of the game.
If I recall correctly, you were trying to break into Big4 TAS from Audit. A very common path to IB is to do two years in TAS and then lateral to an analyst position in IB. This is head and shoulders your best bet to break into IB, and you'll be making money and building relevant skills for those two years.
re: MSF. Not super knowledgable on this front, but this entire site seems to agree that an MSF is pretty useless for banking. Your only option for more school would be to do a top 7 MBA and recruit into banking as an associate, but you'd have to ask the business school forum if you're competitive for those schools.
tldr: Do 2 years in TAS then lateral into banking as an analyst
Thank you for your response. I am currently just looking at possible avenues and how investment banking recruiting works. I think TAS is probably the least headachey of all. I still know practically nothing about IB.
MSF from top 5 programs can be useful for getting into banking, that I know. Another issue is that TAS recruiting is DEAD right now. Like completely DEAD
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