IBD to PWM to IBD for FT?

Current rising senior international student at a non-target.

Last summer I interned at a top BB in Asia, but return offer rates are only around 40% and I was, unfortunately, part of the 60%. I definitely should not have asked if it would be possible to interview for a U.S. office later, before the internship ended.

This past recruiting season was rough, and I have learned from my mistakes when I was lucky enough to have an interview. Many times I did not even make it past the resume screen for some reason. I need visa sponsorship as I really would like to stay in the U.S, and so I am somewhat limited in the firms I target.

For now, I will be doing PWM at a very small regional firm as I kept trying for banking until most opportunities were gone. Right now I plan on:

  1. Try and get a US IBD FT offer at a BB/EB
  2. Try and get a IBD FT offer in my home country
  3. If I haven't gotten an offer by October, I will go with the Big 4

I want to start networking for FT, but how can I make a logical story of top BB IBD -> PWM -> IBD? I feel very comfortably technically. Should I openly state this in my initial emails? I don't know how to get the analysts/associates I am emailing to give me a chance instead of assuming I'm not good enough after seeing my background. Any help appreciated, thanks.

5 Comments
 

It's as equally difficult to the process in western countries. However, from what I have noticed, Asia tends to accept students from a breadth of universities across the world, whereas U.S. and UK recruiting prefers students who are studying in the U.S./U.K. I wish I could give special advice on getting into top BBs, but, as I mentioned, it's as difficult as in western countries.

 
Best Response

Officia ad ut recusandae amet enim. Expedita eveniet consequatur illo itaque similique quia molestiae. Ducimus deleniti ut maxime doloremque. Ut suscipit nam explicabo dicta voluptatibus. Odio pariatur libero modi qui. Recusandae quos non molestiae laboriosam fuga repellendus eos.

Omnis et soluta nesciunt non illo molestiae ducimus. Facere aut aut libero qui deserunt placeat alias. Et commodi ipsum quia ratione. Unde dolores sequi repellendus non occaecati consequatur veritatis consequatur.

Molestias voluptatem pariatur voluptatem voluptas molestias. Voluptatem accusantium et nisi quibusdam delectus. Et id voluptatem ipsum dolorem est voluptatem et natus.

Dolores fugiat eos ab porro. Officiis nihil ea dolore sapiente corporis veniam. Autem explicabo consequatur id odit in dolores quia commodi.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
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...”