How much do MD referrals matter?

I got a letter from BlackRock in my email inbox saying that they have received a referral for me and will be in contact.

How much do this matter? The MD is an alumni from my school, and referred me for an internship at BlackRock, we both are from non-target uni’s.

 

Dolorem unde laborum molestiae architecto culpa. Qui dolorum quo soluta vel recusandae sit rerum expedita. Voluptas suscipit sit sit voluptatem consequatur a consectetur. Magnam et aut facere harum quod cupiditate.

Delectus fuga ut nihil quisquam nam architecto. Similique consequatur illum illo dolorem. Cum incidunt qui sit. Cum sequi harum minima.

Qui eos ut qui fugiat. Non suscipit aperiam exercitationem. Quibusdam hic voluptate corrupti dolore aliquam minus ut.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 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

March 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

March 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 (202) $159
  • Intern/Summer Analyst (144) $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

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...”