Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 1/14/13. To see all of our top content from the past, click here.
I have seen a ton threads like "Chance Me", "Can I get a job atwith these credentials", and a ton of retarded stuff in the main SA thread.
Listen, getting an interview for investment banking is not like getting accepted into college.
Some people say college is a crap shoot but really, it is more of a sure thing than most people think, unless we're talking Harvard. Anyway, if you have top SAT scores, a high GPA, took a ton of APs and were the president of multiple clubs, you will likely get into a few IVY's or other top schools.
Banking is nothing like that. It doesn't matter if you have a 4.0 in Economics at Wharton, you may not even have a good chance to get an interview at. No one has a GOOD chance to get an interview at a top bank. In fact, you could possible have ZERO chance if you don't have the right attitude, resume writing skills, and networking skills.
You could have a 3.7+ GPA and a solid internship and still come away with no offers, and even worse, no interviews. Stop treating this like you're in high school and what you have accomplished academically matters. Finance is about relationships and people skills.
Also, stop the Bulge Bracket BULL SHIT. There are boutiques with better deal flow, exit opportunities and compensation while also providing a better work-life balance. Bulge Brackets are not like Ivy league schools where they are better than almost every other school.
is better than most of the BBs.
is better than some of them.
, , Qatalyst, . , Centerview are all arguably better than most .
, , and are not what they used to be. Many people who know what they are talking about would gladly take Qatalyst over almost any bank sans maybe or GS - but even still, it wouldn't be crazy to take Qatalyst.
Then you have firms like, , , and a ton of other firms which are just as good.
Anyway, what I'm saying is...most of you won't make it if you don't change your attitude and the way you are approaching recruiting. Nothing is certain and NO ONE CAN CHANCE YOU for a job. You could be a dipshit who is good in class, yet you are bad at holding a conversation and therefore, you will never ever get a job in.
So network, study your technicals and practice your story. That's what matters.