List Your Credentials

Hey so I have lurked around this forum for a little while, and I have a request for anyone that is willing to meet it. I was wondering if people wouldn't mind sharing their resume so people could compare and maybe ease a bit of the stress that occurs with the IB recruitment process (especially in this economy).

There is a site called CollegeConfidential where prospective college applicants go to. There are many threads in which people post their high school GPA, extracurriculars, and more while showing what schools people got into and were rejected from. I know I, and many, found those threads extremely informative, helpful, and relieving in dealing with the college admissions headache.

You don't have to make it too detailed. If I could give mine I would, but I am currently a junior and have no banking experience (yet!). This thread would be meant to be posted on by college seniors and analysts.

Here is a template if you don't understand what I mean...

School: NYU (Stern)
GPA: 3.6 (Major GPA = 3.7)
Treasurer of School Finance Club
Studied Abroad in London
Summer Internship Sophomore Year in Hedge Fund, NYC

SA First Round Interviews Received: UBS, Morgan Stanley, Parella Weinberg, Gleacher Partners, Lazard, Bank of America
Offers Received: UBS, B of A (Chose UBS, M&A)

FT First Round (received offer to return to UBS): Lazard, Credit Suisse, Jeffries
Offers Received: None (returned to UBS)

Any post in similar format would be appreciated. Of course, go into more or less detail at your discretion. If you want more information about me, PM me. I would also appreciate it if people wanted to send me their actual resumes. Yes, I know this thread is somewhat of an excuse for my insecurity going into SA recruiting, but I think this will benefit many people.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (89)

Dec 19, 2008 - 5:35am

good luck. not sure how much information about the past year of recruiting will help as everything will probably be completely different but I guess if anything you may see if you're in the range. Also, I think people might be more inclined to reveal their own info if you did so yourself.

Dec 19, 2008 - 6:00am

"Of course, go into more or less detail at your discretion. If you want more information about me, PM me."

This is not a dating forum, Shiksa.

"Categorical Imperative: If I cannot look at my mother or my wife in the eyes and explain it, I won't do it" - Some British MD.
Dec 19, 2008 - 7:24am

why not?

School: Non-target (currently a senior)
CGPA: 3.6
Major (Finance) GPA: 3.9
VP Fin of a school association
Co-founded a finance association
Research assistant (finance faculty)
3 internships in same financial inst. (BO/MO); 1 being a summer, 2 during school
1 internship (currently doing during school) at small AM firm (FO, also run marketing department)

Offers: NONE :(
But we'll see if I can get into any boutiques/MMs by the time I graduate (hopefully)

  • 2
Dec 19, 2008 - 8:24am

I'll play along to give you a perspective of someone who went through the recruiting process awhile ago. I will say that things are very different now and that my stats aren't as competitive as they were two years back.

School: Non-target (Unknown to most)
GPA: 3.7
Major: MIS
EC: Calc/Stats Tutor
EC: Way too many other extra-curriculars to list
Internships: Three, one at a boutique IB
Offer: Top-tier MM Bank
Offer Received: Fall 2006
Offer #2: MM PE Shop
Offer Received: Fall 2008

Goodluck.

~~~~~~~~~~~
CompBanker

CompBanker

  • 1
Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Dec 19, 2008 - 8:48am

Mind you, this is for s+t:

Currently: senior in college
School: Ivy
GPA: 3.6-3.7
Major: Humanities (absolutely no quant aspect)
EC: Pretty much none
summer internship: Summer analyst, Asset Management.
Summer Offers: Capital Markets, IBD, PWM, Asset Management (my offers were at lehman, MS, Merrill, and Citi)

After my summer, I received an offer from my group, which I declined. I then did accelerated interviews both at my bank and one other, and received my BB s+t offer. i'm evidence that you don't need good work experience or a great gpa, just interview well.

Dec 19, 2008 - 10:57am

Currently: banking analyst (Boutique)
College: Non-target, Fin major, 3.6 GPA
EC: Film club, Financial Mgt Assoc, NYSSA
Internships: none

Array
Dec 19, 2008 - 11:01am

School: Harvard/Princeton type
GPA: 3.4 equiv
Irrelevant arts/humanities degree
Plenty of irrelevant extracurrics
Front office summer internship, 2nd tier bank

= 1st round interviews at every top 10 bank
Got a FT offer and turned down the rest, didn't want to keep taking time out for more assessment centres/interviews

With hindsight should have gone for Goldman

=== 23yr old Associate
Dec 19, 2008 - 12:36pm

This is becoming dumb--hiring is such a random thing that there's no need for everyone to prolong the one-upsmanship evident in the banking industry.

This kind of "phallic envy" is what got wall st into the current crisis--my bonus is bigger than yours, I sold more than you (regardless of the junk that was being sold).

This forum is going downhill and is populated by folks who have never worked in the industry.

Dec 19, 2008 - 2:05pm

yanks234 - didn't 7 users that work in "the industry" just respond to give their stats? here are mine...

currently: 1st yr at Wharton B School after 4 years at MM PE fund and 2 years at Rothschild in the Restructuring Group
Graduated in 2002 from Williams College
GPA: 3.6, econ major
ECs: Varsity Squash, Radio Station DJ, JV soccer, studied in Spain one summer during HS
Internships: None in banking, one BS one at "Morgan Stanley" (in quotes bc was originally a small Dean Witter brokerage arm in New Orleans that my cousin worked at -- having the name definitely helped on the resume)

2002 was brutal. Interviews with MS, GS, CIBC, Rothschild, Bear, + about 5 other banks...about 3 superdays. goldman, Rothschild and Bear. Got 1 offer: Rothschild.

With hindsight i was lucky.

Dec 19, 2008 - 3:36pm

School: non-target liberal arts
Year: 1st year analyst
GPA: 3.86
Major: Econ/Finance
EC: econ club, helped start finance club, few other randoms
Internships: accounting, marketing/management for golf distributor, corporate development for tech company doing M&A
FT interviews: UBS, ML, CS, Bear, Jefferies, few boutiques
Offers: all but ML
Currently working for one of the BBs

Dec 19, 2008 - 4:07pm

School: Non-target (look through the past threads and you'll be able to identify which schools)
Year: Junior
Major: Finance, Major 2: Mathematics
Cum. GPA 3.7, Math GPA: 4.0, Finance GPA: 3.85
SAT score: 1450/1600
EC: Finance group, Another international organization
Internship 1 (Freshman summer): Shell Oil - corporate development
Internship 2 (Sophomore summer): Deutsche Bank - sales and trading (Was made an offer to return but chose not to; biggest mistake of the year)
Interviews that I had for sophomore FO internship: Credit Suisse, DB and MS
Two final rounds: CS, DB
One offer: DB
Currently looking for junior year internship: Had three interviews so far, and got dinged by a prop firm already. Still waiting to hear from some more firms.

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
Feb 3, 2009 - 6:04pm

School: switching to target (ivey)
Year: Sophmore
GPA: 3.9
Major: Finance
EC: President/Founder of Entrepreneurial Society, Captain of intramural sports team, Director of Finance Association
Offers: none yet...but I'm going to apply to literally every single finance firm in Toronto over xmas so hopefully something soon.

Dec 19, 2008 - 5:10pm

Year: senior
Accepted: FT at Citi IBD
school: Emory/Wash U/ vandy
GPA:3.7
Finance:3.95
Did my sophmore summer at BB
Did my Junior Summer at Same BB
Recieved offer from Citi and accepted
SAT:1500
Extracirricular: not much, couple positions in my frat, started a small charity

Dec 19, 2008 - 5:55pm
pedigreed monkey:
man just everyone here has solid gpas. is there anyone with a gpa between 3.0 - 3.4 who got a BB or even solid MM summer analyst job?

I had a 3.25 (I think?) going into summer recruiting. This is at a target school majoring in electrical engineering/computer science. Had interviews with most BB's and got a few offers. It can be done, but you really need to have strong work experience/EC's, and probably only if you're at a target in a hard sciences major. Below 3.5 in a non math, physics, or engineering degree would be a tough sell

Dec 19, 2008 - 6:01pm
fk:
pedigreed monkey:
man just everyone here has solid gpas. is there anyone with a gpa between 3.0 - 3.4 who got a BB or even solid MM summer analyst job?

I had a 3.25 (I think?) going into summer recruiting. This is at a target school majoring in electrical engineering/computer science. Had interviews with most BB's and got a few offers. It can be done, but you really need to have strong work experience/EC's, and probably only if you're at a target in a hard sciences major. Below 3.5 in a non math, physics, or engineering degree would be a tough sell

I don't think a 3.25 in engineering is weak, as compared to a 3.25 in finance. From the people I know who were engineering majors, a GPA north of 3.6 in engineering is FAR more rare than in finance.

No?

Array
  • 2
Dec 20, 2008 - 2:10am
CatsLHP:
Pedigreed- I think Monty and Brisbane both had GPAs in that lower range if I'm reading their posts right.

Yep, mine is definitely under a 3.0. But if you look closer, it looks like Monty was saying his was better than 3.0. So I probably have the weakest GPA in this thread by far (not that that's something to brag about).

Dec 19, 2008 - 5:21pm

School: Off-the-map (literally)
GPA: 3.7
Finance: 3.8
Sophomore summer: Waiter (Bennigan's)
Junior Summer: Top BB S&T internship
EC: (failed) Serial entrepreneur, founder of student organization,some intramural sports.
Summer Interviews: BB, diversity program (think HACU, SEO)
Summer offers: both
FT interviews: didnt bother to apply anywhere else after the summer
FT Offer: BB S&T

Favorite color: blue

May 31, 2009 - 9:13am

School: Non-target
Year: Senior
GPA: 3.9
Major: Finance
ACT: 34
ECs: Student government, VP of I-banking club, started not-for-profit
Internships: financial consulting & Merrill PWM (sophomore), top BB in IBD(junior)

For SA I interviewed at a few places, got a few offers

FT offers at some surviving BBs and a top boutique

Dec 19, 2008 - 8:47pm

Really is amazing the quality caliber people posting here.

School: Super Non Target with zero street presence
GPA: 3.4 (After Transfer from T25 State)
ECON
ECs - Writer for finance newsletter, Board for Finance Club
Internships: 3 BB PWM, 1 MM S&T
Interviews: 2 Top Prop shops, 2 weaker prop shops, 1 MM S&T/Market Maker, 1 MM S&T

Offers: 1 MM S&T/Market Maker, on hold at top prop shop

Networking has played a big role in this process for me.

"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
  • 2
Dec 20, 2008 - 1:34am

School: Non Target
GPA: 3.6-3.7
Major 1: Finance Major 2: Economics
ECs: Financial Management Assoc., community work, & college imp. group.
Internships: Mid-sized Comm. bank
Interviews: Still lining them up, got to love non-targets, trying to work the networking/alumni card atm

Definitely feel there are opportunities just looking for that right door!

Dec 20, 2008 - 2:02am

School: Non-Target Liberal Arts (current senior)
GPA: 3.6, Major: 3.9
Major: Economics/Mandarin
Study abroad: China
ECs: Varsity Hockey (top D3)

Internships: SA, Top-tier IB boutique (soph) -- SA, BB IB (junior)
Interviews for FT: JPM, BAC, C, top hedge fund I wish to leave unnamed.
3rd/Final round JPM, BAC (no offer)
2nd round C (no offer)
2nd round upcoming at top hedge fund I wish to leave unnamed. (hopefully something comes of it)

Alumni connection helped promote me at BB (he's a top MD, ranked #1 for his group by II)

Dec 20, 2008 - 3:46am

I feel a little bad not sharing my information, and I see that at least someone wanted to know. I am currently a junior at Upenn/Wharton with a 3.6 GPA. Have done an internship with PWM trade execution and real estate pe fund. Not too worried about things, but I think that the response to this thread has been great so far.

If anything, people (at least in my situation) come here to learn about the recruiting process, and a helpful part of that is figuring out how they measure up. Of course, and I say this with full sincerity, there is no right or wrong answer to what makes a good candidate, but it always helps to see what is out there. I think it will help students at non-targets to see that other kids have gotten interviews/offers from BB and other places (albeit maybe not in this economy). Also it is encouraging to see that people with low GPAs are getting offers. While there are still many people that receive no offers at all, at least they are still positive and showing that they have the backbone to go out and keep trying through networking and such.

I know that most people are super-qualified on this site, and it may seem a bit discouraging; but it helps to see people from all types of schools, with different GPAs, from all types of backgrounds, are having success. Regardless of the state of things right now, the best thing we can look off of is the past. And while people will be hiring less, they will still be looking for the same qualifications.

Thank you to everyone who has posted so far, and keep posting if you haven't yet.

Dec 20, 2008 - 5:37am

School - University of Manchester
Degree - Economics (Business Studies) Hons, 2:1 (around 64%)
Internship - Big 4 Audit in Dubai (too lazy to go through SA recruiting in the UK)
Extracurriculars - Next to none, too busy enjoying uni (just knew that I wanted to do finance, wasn't even sure what investment banking was); was frontman for a band and trained classically in piano though
Job on graduation - Temp gig in middle office at top regional investment bank, made that FT and then transferred into IBD at the same bank after a year

Dec 20, 2008 - 5:42am

School: completely non-target liberal arts
Major: Economics, Political Science, Mandarin
GPA: 4.0
Study abroad: In an Arab country, in an Asian country, in a European country
EC: Varsity sport, competetive debating, student government, started 3 clubs, editor-in-chief of a journal, did about a gazillion other things

Internships: think-tank (sophomore), consulting (junior), BB S&T (senior)
FT offers: got offer from my BB S&T internship, didn't apply anywhere else.

Dec 20, 2008 - 7:11pm

Year: Senior
Accepted: FT at Citi S&T
school: Bucknell/Colgate/Lehigh
GPA: 3.4
Accounting: 3.4
Did my Freshman summer at a bank
Did my Sophomore summer at an accounting firm
Did my Junior Summer at Big 4-Tax
SAT:1440
Extracurricular: Men's rugby. Student Government.

Networked my ass off. If you don't go to a target school I highly recommend you network. Usually people who are director and up take care of their Alma mater (especially at non-targets). They cant get you a job flat out but than can push for you to get an interview. After that it's all on you

Dec 22, 2008 - 1:50am

Year: Senior
School: Semi-Target
GPA: 3.6
Major: Economics
Study Abroad: London School of Economics for all of junior year (interviewed for SA while home on break)
EC: President of a prominent campus organization, binge drinking
Internships: Morgan Stanley IBD
Accepted: Morgan Stanley IBD
Suggestions: Much of the advice given out on this thread is generally valid. Work hard and continue to network until you land the job that you want.

Dec 22, 2008 - 3:15am

School- University of Wisconsin - Madison
Year- Senior
GPA-3.5
Major- History
Study Abroad- London for 4 months, interviewed for job while there and stayed for another 4
EC- Beer and cheese
Internship Junior year summer- RBS Project Finance in London.
Did not receive offer
FT Recruiting- Interviewed with tons of places, got final rounds with M3 Capital Partners, didn't get offer. Accepted offer from M&A Advisory team within a reinsurance company.

Dec 22, 2008 - 2:51pm

Year - 1st Year IBD BB
School - semi-target (non-ivy)
Major - Accounting / Finance
GPA - Cum - 3.7, Major - 3.9
EC - Ran my own business fresh/soph yr (enough to pay for tuition)
Clubs, intramurals, Army ROTC, finance clubs, etc.
SA Interviews - BofA, Citi, GS, JP, couple MM's banks
Internship - BB IBD, 2 offers
FT - Received offer, interviewed at same BB's

Dec 23, 2008 - 6:02am

I pretty much pale in comparison but the hell with it...

School: Target (Ivy)
GPA/SAT: 3.0/1420
Major: History
EC: Club Lacrosse, Tennis, Squash, Legal Association, Business Association, School Newspaper, etc.
SA Interviews: Brown Brothers Harriman IM, BBH Operations, Bloomberg, Shattuck Hammond, SEO, Lehman Equity Research *Dinged at all but Ops, which I declined.
FT Interviews: Abercrombie, iProspect (Marketing)
Past Internships: Think Tank, 3 RA positions at Business School, Merrill Operations

Dec 23, 2008 - 6:57am

Have been working for a year and a bit in London
Undergrad: Civil Engineering at top Canadian engineering school
GPA: 3.3/4
Grad: Real Estate Finance at top 3 UK school
GPA: 3.8/4 equivalent
Real Estate type Society - President
Business Plan competition winner
Hockey, Squash and Golf

Had SA internship at a Big 5 bank in Canada in the RE Group, a CBRE internship before that, and a civil eng internship before that.

FT Recruiting had interviews with MS, LEH, Rothschild, boutique and a few backups at RE Economic Research firms. Final Rounds with MS, the boutique and 2 research firms. Offers at MS, boutique and one of the research firms. Accepted the boutique for lifestyle reasons, exposure to both IB and PE, and a convincing convo with one of the partners. Would have taken MS if they still did the MSREF and IBD rotations for people in the RE Group.

Dec 24, 2008 - 5:16am
RE_Banker:
Would have taken MS if they still did the MSREF and IBD rotations for people in the RE Group.

Are you talking specifically about the MS RE group in London? For analyst or associate position? Just curious because NY analysts and most associates still do both IBD and PE, and only direct associate promotes are put specifically into either one.

Jan 3, 2009 - 3:41pm

despite having worked really hard, i realize how lucky i was.

School: non-target public
GPA: 3.9+ SAT: 1240
Major: Econ/Fin summa
ECs: student manager univ endowment, univ leadership counselor
Internships: mm insurance co (hs), btq management firm (fr), treasury department (so), Citi credit (jr)
Fin Interviews: C, DB, BAC, 2 MM banks
FT Offers: 2 for 5, none of them MM

i got what i did from networking, emailing, socializing, cold calling, and trying to be over prepared if i got an interview. its a numbers game. be a hustler and hope for a twist of luck.

  • 2
Jan 12, 2009 - 5:45pm

Currently first year analyst at BB
School: Non-ivey league target
GPA: 3.7
Major: Economics/mathematics
Study Abroad: London School of Economics for one summer
EC: President and founder of volunteer organization, a few scholastic groups, some mentoring
Internships: PWM, middle office at a BB, back office at a BB, consulting gig for a friend's father's multinational company
SA: back office with BB
FT: IBD at same BB

I got my offer because I networked like crazy the summer that I was at my bank. I was lucky in that the people I reached out to were very open to speaking with me and incredibly helpful in putting me in contact with other people. I managed to impress the people I spoke with and it materialized into an offer--never underestimate where good communication/interviewing skills can get you.

Jan 13, 2009 - 3:54pm
  • School: Harvard/Yale/Princeton/Stanford
  • GPA: 3.7
  • SAT's: mid-1500's
  • Major: Two majors (one in the liberal arts, the other one in quant)
  • Extracurricular activities: Several (college sports, arts/music, and one business organization)
  • Work experience: 3 years in equity research at a couple of bulge bracket banks; 1 year at a large middle-market PE firm (current)
  • What I'm grateful for: God, family, friends, my health, WallStreetOasis.com, AnalystForum.com, sushi, and Bombay Sapphire
​* http://www.linkedin.com/in/numicareerconsulting
  • 2
Jan 13, 2009 - 5:23pm

Currently: 3rd Year Analyst at MM
School: University of Washington, Seattle, WA
GPA: 3.5
Major(s): Business Administration and Finance
ECs: Vice President/Social Chairman/Finance Committee (Fraternity)
Internships: Merrill Lynch Capital Markets, Merrill Lynch PWM, UBS Business Banking
Interviews: UBS, Piper, Weisel, Several MMs
FT Offers: UBS (corp. fin./IBD rotational program), few MM's

Jan 13, 2009 - 5:57pm
snydert:
Currently: 3rd Year Analyst at MM
School: University of Washington, Seattle, WA
GPA: 3.5
Major(s): Business Administration and Finance
ECs: Vice President/Social Chairman/Finance Committee (Fraternity)
Internships: Merrill Lynch Capital Markets, Merrill Lynch PWM, UBS Business Banking
Interviews: UBS, Piper, Weisel, Several MMs
FT Offers: UBS (corp. fin./IBD rotational program), few MM's

Can you elaborate on why you decided to go with the MM offer over the UBS one?

Jan 13, 2009 - 6:51pm

I chose the MM offer for three reasons 1) I personally liked the corporate culture far more at the MM than UBS 2) Geographical preference (MM in SF and UBS in NYC) and 3) The MM position was for an immediate start (January 2007 - I graduated December 2006) and the rotational program didn't start until July 2007.

Jan 13, 2009 - 5:54pm

Currently: Senior at Non-Target
GPA: 3.6 Cum, 3.9 Finance
Major: Business Management with a Finance Concentration
EC: Captain of Varsity Golf Team
Internships: Final Rounds at 3 BB's, 2 MM prior to studying abroad, got an Early offer from Bear and accepted to get it out of the way. Bear went under, I networked and got an internship working on a new PE fund at BlackRock.
FT: Got an informal offer from my boss assuming the fund got approval in the fall (which he was 100% expecting), and the fund got killed due to the economy.
Interviews: First round with Goldman, JPM, CS and Rothschild. Final rounds with Goldman and the Rothschild.
Offers: None.
Now: Networking, looking to see if the Denny's down the road is hiring, and working on some entrepreneurial stuff to hold me over.

NEVER lose your BlackBerry
www.conveniencesoftware.com

  • 3
Jan 13, 2009 - 6:00pm

[quote=Convenience Software]Currently: Senior at Non-Target
GPA: 3.6 Cum, 3.9 Finance
Major: Business Management with a Finance Concentration
EC: Captain of Varsity Golf Team
Internships: Final Rounds at 3 BB's, 2 MM prior to studying abroad, got an Early offer from Bear and accepted to get it out of the way. Bear went under, I networked and got an internship working on a new PE fund at BlackRock.
FT: Got an informal offer from my boss assuming the fund got approval in the fall (which he was 100% expecting), and the fund got killed due to the economy.
Interviews: First round with Goldman, JPM, CS and Rothschild. Final rounds with Goldman and the Rothschild.
Offers: None.
Now: Networking, looking to see if the Denny's down the road is hiring, and working on some entrepreneurial stuff to hold me over.

NEVER lose your BlackBerry
www.conveniencesoftware.com[/quote]

I'm really sorry to hear about what happened. It definitely does sound like you got the short end of the stick multiple times. Good luck with the networking!

Jan 13, 2009 - 6:29pm

School: NYU College of Arts and Science
GPA: 3.3 (during recruiting, dropped to like a 3.1 when I graduated thanks to booz and biddies)
Summer: Weak MM IBD, though I interviewed all over the place
FT: Strong MM IBD in Top Group, had lots of interviews and a few offers

I had a strong resume from working every summer in something related (hedge fund, big bank back office, boutique ibank while going to school, MM IBD, then FT MM IBD). I don't think I'd have the same luck now since the market is such dog shit. However, I definitely wiped the floor with a shit-load of the finance geeks whose GPAs were bigger than their dicks. Nonetheless, once you're in the real world there are few people that could give a shit about this stuff...what really matters is what you do once you get there. The judgmental fucks are the ones that get their asses handed to them with the quickness.

Jan 13, 2009 - 9:48pm

Target
GPA 4.07
SAT 2240
Frosh: AM
Sophomore: BB SRP
Junior: 2 offers from euro banks (london and hk locations) (Corp Fin/M&A) soon to be expired. campus recruiting started just recently.

Best,
SoulSearching

Best, SoulSearching

Jan 14, 2009 - 1:27pm

School: target, class '09
GPA: 3.7
finance clubs
tutoring
not much of anything...
Soph summer: BB ops
SA: BB research
FT: MM S&T

Mar 25, 2009 - 9:00pm

Currently: Junior at Non-Target NYC
GPA: 3.7+ Cum Fin: 4.0, Acct.: 3.9
Major: Finance, Accounting
EC: Not much to standout, I should have thought of this before
Internships:1st summer: Advertising/Sales/Marketing
2nd Summer:Corp. Treasury

rd Summer-SA Interviews: MS Prime Brok., MS Glb.wealth mgmt., jpm, qvt ops., barcap

Final:Barcap, JPM
This summer at Barcap, Middle-Office Spot
Im def. lucky.

Mar 25, 2009 - 9:45pm

Currently: Junior at super Non-Target
GPA: 3.5 major gpa: 3.65,
Major: Finance
SATs:1200+ (out of 1600)
EC: Founder of fin society, lead fed speaker, acct society member, founder of poker club (this has actually made me money by using some of the people in the club as horses in online tourneys)
1st summer: Bahamas 2 1/2 weeks London playing poker for 1 week....
2nd Summer:World series of poker 2 weeks/Cancun 1 week
3rd Summer-: offers from Citi corp fin, Bofa/Merrill MO, No name HF (RM),
Final: working at Bofa/Merrill Middle office as SA.

If given the opportunity to change anything... I wouldn't for the world.

Mar 25, 2009 - 9:59pm

Target
3.7 Econ
SAT's 1300+
EC: Research assistant. Varsity Sport
first and second summer - sports/research assistant
Junior year part time internship at relative arbitrage fund. Placed in Capital structure arbitrage.
Final: As of yesterday started at Small PE firm less than 1B AUM.

Mar 25, 2009 - 10:12pm

Currently: Junior at semi
GPA: 4.0/4.0
Major: Honors/Finance
SATs:1440/1600
EC: NHL Valuation advisor, some volunteer work
1st summer: volunteered, mostly nothing though
2nd Summer: summer analyst at brokerage/nhl valuation stuff
3rd Summer-: interviewed with pretty much all my regional BB and some MM, CS NY, Evercore, HSBC---------all were for IBD
2nd rounds with CS, DB, BoaML/Citi/JPM
Offer: BoaML/Citi/JPM--->Excited me goes to one of those for SA IBD

Mar 25, 2009 - 10:31pm

Currently: Junior at midwestern target (northwestern/uchicago)
GPA: 3.9/4.0
Major: econ/math
SATs:2380/2400
1st summer: shitty work at small pe fund
2nd Summer: summer analyst at mm bank in chicago
3rd Summer-: 1st rounds with every bb (chicago office for cs + ubs, ny all others), lazard,moelis, pwp, evercore
2nd rounds with all but goldman and cs
Offers: 3 of the bb's and one of the boutiques

Mar 26, 2009 - 3:00am

Currently: Junior at top target
GPA: 3.9, Major 4.0
SATs: 2380/2400
ECs: Nothing sensational... investment club, service organization, lots of sports
1st Summer: BB PWM
2nd Summer: BB Sophomore rotational
3rd Summer: Interviews at all BBs/top boutiques except Evercore. 2nd rounds at most places/received offers at ~2/3 of those.

Chose: elite boutique (BX/LAZ/GHL)

Mar 26, 2009 - 6:40am

Currently: 2nd year at a top 6 UK university (Oxford, Cambridge, LSE, Warwick, UCL, Imperial)
GPA/Uni result: 1st in year 1, expecting 2.1 in year 2.
Major: Economics
EC: A few society ones. No sports.
Internships;
1st summer: working for the government
2nd Summer offers: UBS IBD, and JPM S&T. Both London.


Just my 2c.

__________ Just my 2c.
  • 1
Mar 26, 2009 - 7:49am

This is for Europe

Education: Good 2nd tier university
Major: Econ
Grade: 2:1 - was a 1:1 until I signed my offer and chilled out a bit too much in hindsight in my final year.
Internship: mid market corpfin in an emerging market - I was a foreigner there. I know this was a major differentiator on my CV and impressed a lot at interviews. I make this point so that those who frequently come on this board and say how they'd like to go to China or something like that, do it, it's a very easy way to stand out from the crowd.
Work: Analyst at one of the big European BB's.

  • 2
Best Response
Mar 26, 2009 - 7:54am

For Europe

Currently: BB trader
Undergrad: Non-target, econ/math major, 3.8 gpa
Masters: target, econ, graduated with honors.
Research assistant in undergrad econ department.
Studied Abroad in a tiny emerging economy most people have never heard of.
Summer internship junior Year at tiny boutique in said country.

SA First Round Interviews: none really; didn't apply for banking internships, except that one boutique.
FT First Round Interviews: GS, JPM, MS, ML, BNP Paribas, HSBC.
Offers Received: JPM, ML, BNP Paribas, and FT offer from that tiny boutique.

Moral of the story: any IB experience -- even in a tiny country with horrible pay at a tiny company that nobody ever heard of -- is infinitely better than no IB experience.

  • 3
Mar 26, 2009 - 11:07am

School: Junior at a Target
GPA: 3.9
SATs: 1540
Major: Finance, Mathematics & Economics
Work/EC: Boutique Sell Side Advisory, Financial Analyst Tech Company (created their model to pitch to VC/PE firms), Econometrics Research Assistant

Got a bunch of offers in prop trading, structuring, etc and took BB S&T.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard.
-30 Rock

  • 1
Mar 26, 2009 - 7:26pm

School: Junior at Non-Target
GPA: 3.8
SAT: 1400
Major: Finance, Accounting, Economics
EC: President-prestigious business organization, selected to participate in student investment fund investing 1M+, exec board- largest organization in state, Fraternity positions, interfraternity council positions, 400 hrs of community service in last 2 years, more smaller positions as well
Work: fresh summer- consulting firm, did stat analysis for a research project that was recently published; soph summer- acg/fin intern at local not for profit, Junior Winter Break- Strategy/stat analysis for fortune 100 company
SA interviews- JPM MO
SA Offers- JPM MO

I just couldnt get an interview. No ocr on my campus at all. No alumni in ibd whatsoever. I networked as much as i could, but i really had very little to work with. Ive already started preparing for FT recruitment. I got into UChichago Duke and Georgetown out of HS, but there was no way my family could have paid. Unfortunately, I just cant get past the non-target stigma.

Mar 26, 2009 - 7:48pm

School: Junior at Super Non-Target
GPA: 4.0 (gonna lose it this semester though)
Major: Finance, Math
EC: President of two organizations, winner of two national team case competitions.
Work Experience: Nothing finance related
SA Interviews: GS, MS, Barclays (all S&T)
SA Offer: Received and accepted 1.

Mar 27, 2009 - 12:27am
  • School: top 10 liberal arts, decidedly non-target however
  • GPA: 3.9, GMAT: 710
  • Major: Economics/Music
  • ECs: varsity squash, orchestra, president of intl. students association, non-profit org exco
  • Work experience:
  • 2.5 years in the military (commissioned officer)
  • citibank shanghai (freshman summer), west coast hedge fund 1.2bn aum (sophomore summer)
  • lehman IBD SA (interviews at ubs, ms, db, jpm, macquarie, bsc and some others)
  • barcap IBD FT starting this july (revived lehman FT offer; interviews at citi, bcg, bain - no dice)

yknow, i'm really into the whole idea of banking and i try really hard at this stuff... but truth be told, these past couple of months have me convinced that in the end, it comes down to luck. you can focus on clearing the basic hurdles/pre-reqs- that's a given... but alot of it isn't in your hands. i'm pretty tired of being anxious after the health of the industry/economy. these days, i'm just trying to find my zen and enjoy the ride, come what may.

Jun 8, 2009 - 10:10pm
  • School: Nowhere near target. Not even on the map.
  • GPA: Magna cum laude
  • Major: Humanities
  • Internship/SA: none
  • 2nd yr associate, mm bank, NYC
    As with many others on this board, networking has done wonders for my career.
Follow me on insta @FinancialDemigod
  • 1
Nov 12, 2009 - 4:51pm

School : Semi-target public
GPA : 3.5
SAT:1400/1600
Major: Electrical engineering
EC : fraternity
Fresh: nada
Sophomore: sales
Junior : large aerospace company as an engineering intern
School internship : hedge fund, boutique IB

Senior summer:
-superday with PWP, ML,JPM, and C, didnt get any offer
-interned at an unknown boutique

FT:
1st round with DB,Lazard,GHL,Sagent, TWP, Harris, Sandler, HLHZ, UBS, MS, C, Barcap,BoA,Savvian,
Superday : DB,GHL,Sagent,HLHZ,MS,BoA, Barcap,Savvian
Offer: got the offer I wanted which I wish to leave unnamed, got rejected 6 times before that though.

I think this fall recruiting is definitely a lot better

Never give up and network your ass off is my advice. It's hard sometimes but it definitely will pay off

Nov 13, 2009 - 11:37pm

Currently: Senior
School: Target
Majors: Finance & Economics
GPA: 3.8
EC: Finance club, martial arts (no leadership position)
Sophomore summer: small commercial finance firm
Junior summer: foreign fund of hedge funds
FT Interviews (only IBD): 3 BB's, a few middle market firms
Offers: 1 BB offer (accepted), canceled remaining middle market interviews

FYI: Networking helped a lot in FT interviews, did not do enough for Sophomore/Junior.

Also, I agree that in the end there is no perfect formula. You need a strong GPA, decent work experience, and networking a lot. But in the end it is very random, as you can tell from previous posters. Some with top credentials and got nothing, some with 3.3 in liberal arts and got several offers...

Nov 29, 2009 - 5:25pm

School: Non-Target, Class of '10
CGPA: 3.1; Major: 4.0
Major: Finance
EC: Varsity sport, Student Investment Fund

Summer Analyst So Year: Small Hedge Fund Equity Research
Summer Analyst Jr Year: Foreign BB, S&T (No offer)
FT: Capital Markets at a Top MM (Wanted to stay in a markets-facing role; Already aware of the lack of "Exit Opps" as compared to IBD)

*Note: Relative is C-Level at a publicly traded company, hence pretty strong contacts at a number of firms.

Nov 29, 2009 - 5:37pm

Magni est omnis maxime nostrum occaecati quasi facilis. Sed minima voluptas mollitia exercitationem et a omnis consequatur. Cumque modi eos commodi est qui quasi ut.

Fuga est minima nesciunt aut aut. Sed mollitia iure ipsam deleniti totam voluptatem vero nihil. In dolorem corrupti at sed quia laudantium nulla. Et vero est iure libero vero maxime fugiat nihil. Beatae voluptas iure cumque qui dicta.

Ea molestias animi harum accusantium iste aut optio ducimus. Consequatur cupiditate molestias animi. Libero molestias quis molestiae quae non. Maiores molestiae animi aut nam et odio dolorem. Eum amet quos est quas dolor eos.

Et recusandae dolores ea voluptas debitis eligendi cumque. Ducimus ut dolor hic beatae sunt et necessitatibus.

May 31, 2012 - 1:35am

Sint eum enim ullam qui rerum. Eos natus totam maiores ex eum magni. Placeat animi dolore quasi. Voluptatibus velit adipisci beatae illum eius id.

"Look, you're my best friend, so don't take this the wrong way. In twenty years, if you're still livin' here, comin' over to my house to watch the Patriots games, still workin' construction, I'll fuckin' kill you. That's not a threat, that's a fact.
May 31, 2012 - 2:20am

Enim eos et explicabo rem ab quia. Veniam saepe ducimus qui est nam eos rerum. Molestiae rerum enim commodi sed reiciendis quisquam. Et neque repellat aut. Consequatur sunt delectus quia.

Quia fugiat qui ex totam in et qui a. Vel dolor voluptas ex. Sint eos culpa aliquam autem quam. Animi aliquam et maxime sint ut aperiam. Nihil corrupti perferendis veniam at est ad veritatis.

Nov 4, 2012 - 9:43pm

Harum nihil quae tenetur eum. Repudiandae est dignissimos voluptatem vel velit.

Quaerat accusantium ea velit ab delectus. Perspiciatis maxime minus omnis asperiores hic ducimus in.

Quia provident praesentium velit quia velit ut nostrum. Sunt quia quos quidem et. Ad et quod nesciunt ratione consequatur.

I hate victims who respect their executioners
Start Discussion

Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
  • Vice President (20) $379
  • Associates (143) $238
  • 2nd Year Analyst (84) $153
  • 3rd+ Year Analyst (15) $150
  • 1st Year Analyst (295) $142
  • Intern/Summer Associate (63) $143
  • Intern/Summer Analyst (225) $90