Breaking Into BB - What's next? (Analyst with 2 yrs of experience on the West Coast)

BJGinSC's picture
Rank: Chimp | 5

Hi everyone,

So I graduated from a Non-Target, mid-tier UC school and have been working at a local AM shop which focused in AM and structured products for the past 2 years.

Due to the size of the company I get decent exposures on securitization, valuation, and FP&A.
The work-life balance is perfect(9-6 mostly) but the pay is very basic(50-60k range + 5-15% bonus) as it was the only offer that I got upon graduation(started late, engineering, international student). I don't see a clear path for me to move up within the company but I will vest in a few months(about 10-20% of what I've earned in the past 2 years)

I've built a few connections and have been applying to multiple jobs at BB, AM and RA since last Dec but nothing really worked out so far. The city itself has basically no finance scene so there is rarely any chance for me to reach out and network. And that is also the main reason why I want to move as I want to break into BB eventually.

At this point, I have a few options:
1. Staying w/ the current company, vest in a few months, and start applying to MBA programs(2019)
I understand this is best step to rebrand & relocate myself but I'm a little worried that my work experiences and undergrad GPA may not qualify for a top program...I was in Computer Engineering and did a startup during half of my college life so I wasn't really focused on my grades...plus the school itself was an engineering school so there's hardly anyone who's trying a career in Finance

  1. Same as above but applying to Top MSF/MIM programs(Sloan, Vandy, Duke...)
    This is more of a temp fix just so that I can re-locate myself to cities with bigger finance scene or get on the list of the semi-target on-campus recruitments. MSF maybe helpful to me as I wasn't majored in Finance at all. But after reading a few posts and placements, I don't feel that MSFs/MiMs can provide any shortcuts to BBs at all.
  2. Network?Relocate to NY/SF first??
    I honestly don't know if there's any other way I can improve my odds when applying to the positions directly. Relocation/Brand name seems to be the biggest problem for me.

I understand that I wasn't positioned very well when starting my career in Finance but would like catch up and try to break into BB as soon as I can. Any advice would be appreciated! Thanks!

Comments (2)

Mar 21, 2018

BJGinSC, shame nobody has responded. Maybe one of these topics will help:

  • From <2 GPA, to Bulge Bracket and Hedge Fund how intense the competition was to break into investment banking, working so hard and preparing ... interview for an internship position for a bulge bracket bank. Perceiving it more like a office visit (of ... B I met many people so determined to break into investment banking
  • Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige much-- will value a bulge bracket experience, because they don't know what some of the ... This is for IBD in the US (NYC specifically) and as of November 2014. Bulge Bracket & Large ... various investment banks based on his senior-level experience: Note: from 2014,
  • ANALYST WITH THREE YEARS OF EXPERIENCE FROM NON-TARGET- SEEKING ENTRY INTO BULGE BRACKET IB / HEDGE FUND During school I had a great internship with the real estate acqusition subsidiary of my college, managed ... very knowledgeable of the markets, analysis, psychology, asset classes, manager styles, etc. BUT I come ... SEEKING RESUME FEEDBACK AND DIRECTION Dear fellow WSO-ers- I am an analyst with three years of
  • Wealth Advisor Salary at Bulge Bracket Banks which is easily on par with senior BB MDs in IBD and S&T. If you manage lets say $2 billion and ... prestigious but can be perceived as not as attractive as investment banking and sales and trading due to the ... blunders). This info-rich book is packed with 71 pages of detailed strategies to help you get the most
  • What's the difference between a BB Bank's PE division, and a major PE firm? Capital Partners, Morgan Stanley Private Equity)? Do they do the same things? What's the difference ... TPG, Carlyle, etc, and the Private Equity division of a bulge bracket bank (such as Goldman Sachs ... in terms of prestige, size (number of hires per year), competitiveness, compensation, hours, etc?
  • What's the difference between a BB Bank's PE division, and a major PE firm? Capital Partners, Morgan Stanley Private Equity)? Do they do the same things? What's the difference ... TPG, Carlyle, etc, and the Private Equity division of a bulge bracket bank (such as Goldman Sachs ... in terms of prestige, size (number of hires per year), competitiveness, compensation, hours, etc?
  • Boutique IB or Bulge Bracket AM investment banking internship at a boutique or unknown investment bank Paid Asset Management internship at ... If your main goal after graduating was to break into IB at a BB, but your options for your ... a bb or well known bank Investment Banking Internship ...
  • More suggestions...

If we're lucky, maybe these professional users will respond: @Rahul-Thakur @ryano137 @FVC-DOR

Fingers crossed that one of those helps you.

Mar 23, 2018
Comment