Had a 2.0 from a non-target and broke into a MM bank for a SA position

I'd love to just give back and help out anyone who needs any words of advice throughout their IB recruitment process.

I'm from a non-target, got a 2.0, and have now recently accepted an IB position with a top MM bank.

If there was one small piece of advice I could offer straightaway, it would be networking, going on LinkedIn, finding professionals in IB from your alumni, getting them on the phone, and building that connection. If they like you, and you've mentioned that their company has a Summer Analyst position opening, they WILL forward your resume along to HR and that's how you break in the doors.

That right there is half the battle. The other half is hammering down your technicals, but those are easy with all the resources available today. I could not be more serious, it's literally all about getting someone to like you, and want to help you out.

Network network network. Aim for 3 calls a week with VP's / MDs / or Principals. Since analysts hardly have any pull, and are more concerned about their own job security, you want to aim for the head honchos when it comes to networking! They're the ones who make the game time decisions of who gets hired.

Please feel free to PM me with any questions and I'd be glad to discuss.

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Comments (18)

  • Intern in IB - Gen
Oct 13, 2021 - 2:28pm

One question: what the hell was your answer when they asked about your GPA? I've gotten flack for my 3.7 coming from a nontarget

  • Prospect in IB - Gen
Oct 13, 2021 - 4:07pm

dude I get networking to overcome a bad GPA and that grades aren't all that matter but how the fuck did you get a 2.0 at a non-target? That means you averaged a C grade in all of your classes. This truly baffles me because just by putting in minimal effort, showing up to class, and following directions you can get a 3.0

Anyway, (if this isn't a troll post) I respect the hustle and congratulations on the offer. 

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  • Intern in IB - Gen
Oct 13, 2021 - 6:11pm

no OP, but freshman year had 2.4, now i have 3.1 overall, 3.7 major gpa, go to a non target as well, and landed an offer for BB (GS/JPM/MS) . Networking is the key, to be honest like mentioned above. After i networked i got a referral which lead to my super day

  • Analyst 1 in IB - Cov
Oct 13, 2021 - 8:10pm

When I was the president of my student investment club at a non-target, I couldn't stress enough that you should cold email like a maniac and network to the get your foot in the door. If you're a prospect reading this comment, stop and go send cold emails for 30 minutes with an easy copy + paste template. You'll land an IB job doing this, so help me God.

Oct 13, 2021 - 10:03pm

Sounds like you problem buddy, you should never completely sacrifice your college fun and party life all for grades… you need a happy medium between both my man.

That's on you though

Oct 13, 2021 - 11:07pm

Massive props. I got fulltime offers as well from a nontarget but with a 3.5, that was hard enough, idk how you managed with a 2.0. Was there some extenuating circumstance as to why that happened or did you just fuck up/how'd you explain the situation in interviews?

Again, congrats!

Oct 15, 2021 - 4:21pm

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