Can a friend really get you in the door?

Is it true that a friend who works at a first tier prominent bank (the friend's brother is a md at the same i-bank) can get me in the door for an interview if my experience is lacking and i don't come from a super-elite target school?

Also, I've been out of school for one year and work in the finance dept of an oil.gas private co.

thanks.

 

What do you mean, "you better be worth him doing this"???

Basically, it would just be him suggesting a guy (me) who's smart but just ended up with some weird shitty circumstances.

i know my shit reasonably well. i just studied at the Univ of Sydney (which is a really prestigious school down under)... and couldn't do the internships or summer positions in either the usa or australia due to 1)no non-australian can do the summer internships in OZ' without permanent residency 2) the times of the semester conflicted with the internship possibilities...

so, come job time, i had to use a hookup to get my current position in oil/gas

 

Have you guys ever come across an analyst who didn't have a summer internship with a BB?

Basically, I don't have all the shit you need to have an IB analyst position, luckily i like my current job.

What are the odds that if I get my CPA, CFA, continue to kick ass at this current oil.gas job, get a great MBA... then would I have a shot?

 

At some firms it's easier to get in as a full-timer and others it's nearly impossible. For the latter, I know that Lehman hires a lot more summer analysts than most BBs do because they choose the vast majority of their full-timers from the SA pool (80+ percent).

 

Quos dolorem harum repellat ut atque et harum. Voluptatem odit ut suscipit quis amet voluptatem sunt. Qui mollitia quos molestiae. Laudantium ducimus quia blanditiis sequi repellendus sequi. Odio inventore rerum ut et doloribus.

Voluptas aliquam ipsam eos quae. Sit ut est qui dolore. Cumque neque dolore eos minus molestiae maiores quis reiciendis.

Iste modi optio minus est debitis et delectus et. Et omnis inventore aut distinctio. Fuga ex nulla voluptas voluptatibus ad aut nulla voluptatem. Dicta excepturi magni sit ipsum recusandae rerum 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 (13) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”