How many calls/coffee chats did you have before you landed your SA offer?
How many actual calls/coffee chats with bankers did you sit down for before you received your SA offer. Just curious to know because I am currently recruiting for 2021 SA but didn't realize I wanted to do IB until very recently. I've talked to around 25 different people (at various firms) so far, so wanted to know what that looked like for you?
I talked to around 2-3 people per bank. So it was ~60 for me. I then got coffee with around half of those people. I'd say keep an excel sheet of everyone you talk to (name, title, bank, and some interesting notes) so you can keep it organized and in case you need to reach out to them in the future (i.e rerecruiting, lateral).
Note that it might vary from school to school as some might OCRs might limit with how many you can talk to just because of the size of recruiting classes.
Thanks. Were you at a target?
target for west coast (think UCLA, USC, Berkeley)
Awesome. Thanks
Similar to above, had calls with ~2 people at all firms I applied, talked to 4-5 at the 2 places I specifically targeted. Agree with the Excel sheet, it was helpful whenever I followed up with a banker after our previous conversation.
I never did coffee chats, just calls since I'm at a midwest school and I was networking with people in New York, but honestly I don't think most people at my school did.
I networked with every place that came to my campus, sent follow up emails to all thanking them for the time. for instance, if there were 10 bankers present I sent emails to all and maybe called 3-4 that I really clicked with. depth and forming a good connection is more important than talking to 20 people who think you are average. focus your time on a place where you feel you are valued and that you can be yourself. it’s so easy in this process to get so fixated on a name and chase that status, but go somewhere you feel valued and where you would be proud to say where you worked. I couldn’t be more thrilled to intern at my bank but there are always going to be people who criticize you so just do what makes you happy. as far as numbers go now, talk to as many alumni as possible at each bank without being over bearing. it’s a fine line, and if you don’t get a response the first time send a follow up a week later suggesting new times. the ideal set up would be to have someone really click with you and them to offer up more people for you to talk to.
.
I think it just really depends. Focus on having quality conversations rather than talking to as many people as you can. At the EBs, I didn't network that much, and but I got interviews by having conversations with just 1 MD,VP,Associate because its a smaller bank and they can really push for you (I also reached out to them in early March compared to BBs that I had started networking with back in September). At the BBs you need to talk to more people and usually the analysts are the ones that respond to cold emails . As far as coffee chats, I think they can definitely help as meeting someone helps remember you better, but I don't think it hurts your chances if you did not have any coffee chats. In my personal experience, the coffee chats helped with getting more comfortable with banking culture, lingo, and gaining confidence when talking to bankers. All the people I met at my coffee chats were analysts, so I have yet to see if networking with them helped when first rounds come out once apps open on July 1st.
Ea sit ipsum quia fugit consectetur. Vero velit molestiae et voluptas.
Placeat molestias nostrum et quis rem fugiat. Modi pariatur in adipisci eos molestias voluptate similique. Ea deleniti maiores nemo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...