Do I have a shot at IB?

Hi guys, I'm new here.
I live in Singapore and am looking to join an IB here as an analyst.
Unfortunately, I never knew anything about IBs until I did my master's degree in accounting as I initially entered university as a bachelor of arts student.

I did my internship in a big 4. After graduating i was planning to find a job in the banking industry in general but that was when the sub-prime crisis hit and i couldn't find any opportunities (my biggest mistake was looking only after I graduation). I didn't want to be without a job and ended up spending 1.5 yrs back in the big 4 firm. However I was not in the financial services group but in general audit. Although you really learn a lot about performing audits in the first year or so, i didn't feel that knowledge was really that useful in IB or the banking industry. I decided to quit and spend some time to plan my next move which I hope will be into IB.

The thing is i'm not from an ivy-league school. I've never had any internships in IB. Neither do I have steller grades.

I'm considering attending the Analyst Exchange program or doing the Breaking Into Wall Street Financial Modeling Program. Do you think that will help me get an analyst position? Or is my best hope to aim for middle to back office operations/accounting positions?

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”