Chances of getting IB Position

Hey,
This is my first post and I was wondering how you guys see my chances of getting an IB position after graduation and maybe you have some advice for me on how to get there besides the general LinkedIn messages/cold calls.

I am a senior at a small non-target school that probably never moved anyone to IB. I tried to make the best out of it, so I am majoring in Econ, Finance and Cyber Defense with a current GPA of 3.95. Since I am a bit older than the normal graduate (24 years), I was able to get some work experience apart from internships, but the only relevant ones are job for the Swiss Stock Exchange (SIX), and as a Credit Analyst for a Financial Services Company. Also I am currently interning with a brokerage firm, where I am getting my FINRA licenses before graduation, to set myself a little apart from other candidates. Also I have some international experience from working in Switzerland, since I grew up there and therefore speak some other languages too.

But the real problem is that I do not have any IB experience, and no internships. I try to fix that with some courses and classes, but obviously that is not enough.
What do you guys think, do I have any chance and do you have any advice on how it can be done?

I appreciate any answers and help.
Thanks.

Comments (19)

Jan 19, 2020

Anyone got any feedback for me?

Jan 20, 2020

Add a year, do another internship before graduation

If you want PE dont do the MBA route. Ignore everyone who says 'just get an M7 MBA' that might as well be harder than getting into IB to begin with

You only get one MBA to push your career forward. Dont waste it getting into IB if you dont have to

    • 1
Jan 20, 2020

That is what I was thinking, I do want to get my MBA to push my career to the next level after some years, not to start the entry level grind. Do you think a 5th year wouldn't look bad on my resume? Especially since it is not a great school.

  • Intern in IB - Gen
Jan 19, 2020

mba at a top 20

    • 2
Jan 19, 2020

Yeahhh, your chances are extremely small. I'd revisit the IB pursuit in a T15 MBA.

Jan 19, 2020

What about a Credit Analyst route (since I already have experience in that) and then try transfer over?

  • Intern in IB - Ind
Jan 19, 2020

38.3002%

Funniest
Jan 19, 2020

Thank you, that's much higher than my calculation and will definitely keep me going.

    • 7
Most Helpful
Jan 19, 2020

You are a savage. You can do anything, don't let anyone tell you otherwise - especially the naysayers in this thread. Work hard and make your dreams a reality.

    • 4
Jan 19, 2020

Thanks man, I appreciate it, any advice other than network the shit out of myself?

Jan 19, 2020

network the shit out of yourself. a 3.95 is a stud gpa and you might be seen as more mature with having some work experience apart from internships.

Jan 19, 2020

How is this helpful at all? You've done nothing to help but tell him to keep grinding. If you wanted him to be helpful, you would've told him to continue his work experience in credit, go to a T15MBA, and then transition over to IB.

Jan 19, 2020

there are a lot of boutique banks to reach out to and he has months before graduation. everyone else in this thread is telling him to give up for now and then try again later, you think it is helpful to tell someone to give up for now when there is some chance that he/she can succeed without giving up?

Jan 20, 2020

I think it was just good to hear that someone sees a small chance. I know it will be extremely hard, but I can try my best and if it does not work, I can still do the MBA.

    • 1
Jan 21, 2020

Swing for a corporate banking job where the CB is within the investment bank (like citi and JPM). Work hard and demonstrate you are a quality analyst. Since you will work close to the IB guys it is much easier to make the move to IB since they will know who you are. Corporate banking deals with credit analysis so you can leverage your experience and solid GPA. Corporate banking spots are less competitive to get, but there is also less spots available so still network hard. CB at a BB (where CB and IB are housed together) is a good side door to IB but you want to make the switch within the first two years. You could also keep networking hard and get into a small boutique and move over to a bigger bank later on. There is also the Masters in finance road but you seem like you want to avoid further school for now. Good luck.

    • 1
Jan 21, 2020

my approach would be to aim for big 4 TAS and then make the move to IB.

Jan 25, 2020
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