Bay Street

Hey everyone

I'm an incoming freshman at a non target in Toronto and my goal is to break into IB. I know that my school has very little presence on bay street so I was wondering, would target school analysts ever respond to non target students and does anyone have any insights on which banks are most open to non targets?

Thank you

 
 
Most Helpful

You would have to work harder but anything is possible, especially as you are just a freshman. Make sure to take the steps necessary to get good grade + network + be ready for next year's recruitment process. Depending on your school you would probably have a better chance at the Canadian Banks (especially if they do OCR) than the US BB/EB as they are way more selective. However, certain Canadian 'non-targets' with Coop programs (Laurier, Waterloo) place kids at top spots on Bay Street pretty consistently. Another option would be to transfer to a program like Ivey for your junior and senior year, then you'll definitely get looks from Toronto and even New York

 

Excepturi veritatis ipsam hic doloribus id alias. Corrupti at itaque dolor. Modi deleniti laboriosam expedita magnam officiis alias. Fuga ex eos minima ut maiores laboriosam natus et.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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

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...”