I have been sending cold emails to bankers. I am targetting Vice Presidents in Investment Banking.
Many have come back to me to say that they receive emails from students every week so they dont have the time to commit.
I was wondering, how many times a week on average do students contact you to network with you?
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How often to bankers get contacted by students? (Originally Posted: 07/11/2009)
I'm curious how often a typical investment banker would be contacted by students looking to talk to them about their experience. I'd like to know what sort of 'competition' I have while trying to get their attention.
Could anyone in the industry give their opinion on this?
every student whose serious about IB..
Depends on what school you go to. Surprisingly, non-target alum bankers don't get e-mails very often. My boss (Partner at boutique) who attended my school said I was the first student to reach out, but he gets tons of e-mails from students from his MBA school (target).
The more target the school is, the more e-mails bankers get, but more target schools have way more bankers on the street. For every non-target banker there are at least 5 semi-target bankers and at least 10 target bankers.
Being from a non-target can actually help in this regard; all of my alumni are very excited to hear from me, and are willing to give a lot more help then I imagine target alumni would be.
That's a good point. I know that I try to help the few alumni who reach out to me, or at least provide them with advice (I graduated from a non-target), as do the other few alumni I know of who are in Banking. To answer the Op's question, it really is on a case by case basis. I know some bankers who graduated from Targets who rarely get an email, and I know of others who get emails fairly often - the same can be said of non-target bankers, although in general, I would agree that non-target bankers seem to get less email/cold calls than Target graduate bankers - but it's more just the law of numbers than anything else (also career centers in non-target schools are often worse than Target schools; I know, for example, that my school barely keeps track of anything outside of ops and control).
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I actually almost never got contacted by students that went to my college. In fact, I usually got "cold-emailed" by students from our non-core schools, some of which I had never heard of.
~~~~~~~~~~~ CompBanker
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