How long does it usually take bankers to respond to cold emails?

I was just wondering how long I should wait until I start having to expect that I will need to follow up with them the next week because I know that they will not be responding to my first one. I have only been emailing alumni(non target) so far.

 
Best Response

If they are going to respond at all, they will likely respond within a week. Otherwise, they've either ignored or missed your email.

On some occasions, when they are crammed with work, they might make a mental note to respond to your email (since you are an alum). In that case, it may take a ~2,3 weeks. But I doubt that happens too often, since they usually either respond relatively quickly (within a few days), or don't respond at all.

There are some great articles on emailing bankers on the M&I website, you should definitely check them out.

 

I just got emailed back from a MD at an EB after emailing him last week and then following up tonight. He said that he forwarded my email to HR and that the recruiting cycle already ended and how they usually only hire juniors and that I should circle back next academic year. All I asked for was to have a brief talk about his experience in the industry and how he broke in. I didnt attach my resume and never mentioned internship anywhere. Was there something wrong with what I did, or did he just not want to waste his time talking to a freshman like me? I genuinely just wanted to have a conversation and gain some knowledge on the industry.

 

The MD knows what you ultimately want: an internship with the company. I can guarantee you that he has received many emails in the past that start off with a brief talk about his experience and then ultimately turn into a request for an internship. The MD was just directly cutting to the chase and letting you know that he won't be able to get you an internship and that you should try next year.

 

This reminds me of the time I sent in the receipts for travel after an interview with an IB in Chicago back in college and they sent me a check for the reimbursement an entire year later

I hate victims who respect their executioners
 

Minima autem veritatis aut est. Doloremque aperiam voluptas possimus animi.

Atque repellendus sint similique ab quisquam aut consectetur ipsa. Soluta maiores totam sed provident natus. Sit modi fuga consectetur et enim sit libero. Omnis optio cum cumque ullam animi et ipsa.

Ut et fugit quidem error consequatur consequatur. Quasi rerum ratione a ut. Ducimus quis eius sed.

Sapiente itaque eius voluptas aut. Dolorem quisquam nostrum culpa ducimus et quia. Et pariatur vero qui veritatis sed dicta. Tempora laborum autem cumque iste nobis ex culpa. Consequatur rem accusantium similique repellendus at.

I hate victims who respect their executioners

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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
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...”