GOT AN SA OFFER!!! THANK YOU WSO

Hi Monkeys,

The WSO community has been such a help for me since my sophomore year when I learnt about investment banking and has been a huge support throughout my entire recruitment process. I've never done a post but the topics and resources that I have read have been fruitful. All of the networking advice, cold-emailing, interview preparation, and even reneging advice has been true for the most part.

So since I have secured an offer, i would like to give back as much as I can by providing any advice and answering any questions (especially for the freshmen/sophomores that are prepping for next year) that I have learnt from my recruiting experience.

For me this really has been a dream come true for my career and I would be glad to provide any insights I can for any of you guys..

My background is semi-target, a few finance internships (one of them a regional boutique), decent GPA and will be joining as a IB SA at a BB.

Best,
coolbankers

 
Best Response
turtles:

How are people getting (apparently) FO offers at BBs so late? Seriously.

Three Points

1) Whoever said it is a FO offer?

2) It was never mentioned whether its a regional office or not.

3) It was never mentioned if the OP, "just" got the offer or has been sitting on it and just posted.

My hypothesis, its a BO or PWM offer.

Edit: I re-read the last line "IB SA at BB". This has gotta be a stretch. Banks clasify many divisions under IB depending on the bank, no way IBD at any BB still recruits this late.

 

Congrats coolbankers - you worked hard and you deserve.

The people on here are soo pathetic sometimes haha. Instead of congratulating the guy, you're over analyzing his post to determine whether or not hes "BSing" about receiving an IB SA job - then questioning the quality of the job...smh

 
theworks9:

Congrats coolbankers - you worked hard and you deserve.

The people on here are soo pathetic sometimes haha. Instead of congratulating the guy, you're over analyzing his post to determine whether or not hes "BSing" about receiving an IB SA job - then questioning the quality of the job...smh

This.

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee WSO is not your personal search function.
 

Hey guys sorry for the late reply. I've been sitting on this offer since end of march and just wanted to extend my help since ive appreciated the help from this site.

I got this offer quite late in the stage and attribute most of it too luck.. However it is in their IBD group..

My story.. Got interested in IB after freshman year. Did investment banking internship in my sophomore year. Relied heavily on networking to get in first rounds. Got into a few superdays and landed no offers in February. Than decided to get a MM which I did. Then got an email from a BB who got my resume and was still looking for an intern early march. Recruited, interviewed and finally got the dream offer! Reneged my MM right after I signed my offer. Let me know if u have any others

 
coolbankers:

Hey guys sorry for the late reply. I've been sitting on this offer since end of march and just wanted to extend my help since ive appreciated the help from this site.

I got this offer quite late in the stage and attribute most of it too luck.. However it is in their IBD group..

My story.. Got interested in IB after freshman year. Did investment banking internship in my sophomore year. Relied heavily on networking to get in first rounds. Got into a few superdays and landed no offers in February. Than decided to get a MM which I did. Then got an email from a BB who got my resume and was still looking for an intern early march. Recruited, interviewed and finally got the dream offer! Reneged my MM right after I signed my offer. Let me know if u have any others

Ok, my apologies for the hate lol. Congrats and enjoy!
 
coolbankers:

Hey guys sorry for the late reply. I've been sitting on this offer since end of march and just wanted to extend my help since ive appreciated the help from this site.

I got this offer quite late in the stage and attribute most of it too luck.. However it is in their IBD group..

My story.. Got interested in IB after freshman year. Did investment banking internship in my sophomore year. Relied heavily on networking to get in first rounds. Got into a few superdays and landed no offers in February. Than decided to get a MM which I did. Then got an email from a BB who got my resume and was still looking for an intern early march. Recruited, interviewed and finally got the dream offer! Reneged my MM right after I signed my offer. Let me know if u have any others

Congrats. Apologize for the 2nd degree.

 

Congrats, that's awesome coolbankers! What did you do in your freshman summer and during the school year the first two years to help prepare or get your foot in the recruiting door?

Always nice to see people making their dreams realities.

"What the hell would I ever say to a gorrilla?
 
LiveTopShelf:

Congrats, that's awesome coolbankers! What did you do in your freshman summer and during the school year the first two years to help prepare or get your foot in the recruiting door?

Always nice to see people making their dreams realities.

Freshman summer I didnt know anything about banking yet so I did some random sales internship ahahah.. Looking back it was good that I did a sales internship because it helped me land my sophomore summer since I had work experience.. I think what helped me in my freshman year was obviously maintaining a high GPA (I was lucky enough to not screw around that much so I still got a decent GPA to be competitive).

Come sophomore year I became much more serious.. Started to join finance clubs at school to meet with the upper classmen who have had experience in investment banking and also other jobs to get a sense of what I wanted to do. Then I started to research more about investment banking and the regional boutiques around my area. Applied to one through school, got rejected because I never had interviewed at an IB and my knowledge of the industry was lacking but still a great experience.. Learnt some more and bumped into this site (sort of changed my life and there are some stuff on this site that nailed it such as the networking and resume tips).

Finally I was ready enough and got a sophomore summer at a boutique/mm and really this was the stepping stone I would say to landing a BB for me. My GPA was average and I didn't have alot of diversity and leadership experience, so being at a boutique was what really stood out and was able to leverage my transaction experience.. I would say having done this boutique was my selling point in alot of my networking efforts whether its on campus company presentations or cold emailing.

Hope that helps

 
coolbankers:
LiveTopShelf:

Congrats, that's awesome coolbankers! What did you do in your freshman summer and during the school year the first two years to help prepare or get your foot in the recruiting door?
Always nice to see people making their dreams realities.

Freshman summer I didnt know anything about banking yet so I did some random sales internship ahahah.. Looking back it was good that I did a sales internship because it helped me land my sophomore summer since I had work experience.. I think what helped me in my freshman year was obviously maintaining a high GPA (I was lucky enough to not screw around that much so I still got a decent GPA to be competitive).

Come sophomore year I became much more serious.. Started to join finance clubs at school to meet with the upper classmen who have had experience in investment banking and also other jobs to get a sense of what I wanted to do. Then I started to research more about investment banking and the regional boutiques around my area. Applied to one through school, got rejected because I never had interviewed at an IB and my knowledge of the industry was lacking but still a great experience.. Learnt some more and bumped into this site (sort of changed my life and there are some stuff on this site that nailed it such as the networking and resume tips).

Finally I was ready enough and got a sophomore summer at a boutique/mm and really this was the stepping stone I would say to landing a BB for me. My GPA was average and I didn't have alot of diversity and leadership experience, so being at a boutique was what really stood out and was able to leverage my transaction experience.. I would say having done this boutique was my selling point in alot of my networking efforts whether its on campus company presentations or cold emailing.

Hope that helps

I see, seems like you spun your resume well. Thanks for the advice man

"What the hell would I ever say to a gorrilla?
 
Outsider:

what the f is a "semi-target", i call BS

In a general sense: Target = Ivies, MIT, Stanford, Duke, UChicago, Northwestern Semi-Target = Top state schools (Michigan, Texas, UVA, Berkeley, UCLA, Rice) Non-Target = everything else

 
coolbankers:
Outsider:

what the f is a "semi-target", i call BS

In a general sense: Target = Ivies, MIT, Stanford, Duke, UChicago, Northwestern
Semi-Target = Top state schools (Michigan, Texas, UVA, Berkeley, UCLA, Rice)
Non-Target = everything else

that's the dumbest thing i have ever heard

How big is yours?
 

I am a sophomore at a target school come next semester. I have a good GPA (3.6), an executive position in a finance-related club, and an online internship with Zolio for this summer. What should I do next in the months and years ahead in order to secure a SA position at a BB?

 

I am only a junior in high school and started my school grind a little late... I ended freshman year with a 2.9 but have been able to push it up to a 3.35 and scored a 1700 on my SAT's. Is there any way i could make it to wall street with such relatively low academic achievements; is where you go to college everything?

 
Zack-Barrett:

I am only a junior in high school and started my school grind a little late... I ended freshman year with a 2.9 but have been able to push it up to a 3.35 and scored a 1700 on my SAT's. Is there any way i could make it to wall street with such relatively low academic achievements; is where you go to college everything?

No, where you go to college is not everything. It also depends on what you make of it. I believe that if you really want to get into IB (I am assuming that's what you mean when you say wall street), you can do it. No matter where you went to go to school. Well, besides university of phoenix...

 

Of course there are stories of people that broke into IB from non-target but please for the sake of God, don't be so naive. For that person who broke in could have been 1 in 1000 who were all burning their asses to get something.

 

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Bitch please, I love bananas! If you found my advice useful, hit me up with one.

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