Will try to keep it short
I attended University in London (KCL), some would say target, some would not. I am originally from a European country; I had an offer from Bocconi but chose London over Milan, probably a mistake for where I am now but I had no idea at the time of what IBD or Finance were (and continued to be clueless for most of my 1st year).
In my 2nd year, learning about banking, I had my "wake up call", and after leveraging some connections I did a summer internship in Finance (back office) of a credit insurance company. This is not very well known even though it's subsidiary of a huge global group, but I was keen to get at least some experience on my cv to position myself for 3rd year recruiting. Did lot of excel and modelling for cost budgeting and such, but nothing too overly complex.
In my 3rd year, I graduated with very strong GPA (First). I applied for over 30+ bank but all I managed to secure was a grad programme in Risk for one the UK's largest Commercial/Retail bank. This bank has no advisory business, and very small S&T and DCM business with which I will probably never have any interaction if not by sticking with the employer for 5+ years, which I dread.
I originally welcomed this job (and thus missed 2019 recruiting season) as I thought it could have been a stepping stone, but after months in the bank I realised that it is not the place for me. In my role there is zero interaction with the outside, the job itself is not challenging at all and I am not learning anything. Pay is also pretty bad. I tried to sense if it was possible to move to the front office programme or change role (bear in mind that this would still be commercial banking, so closer to my goals but not ideal) but the HR is very strict. Doing a credit role at the moment, with market risk a possibility but can't tell.
I am very familiar with the usual technicals of IBD as I studied them but I am brushing up using the standard guides just to keep them in mind.
Would appreciate feedback on the following:
*I am mainly targeting 2020 Summer Analyst recruiting, as since I do not have any previous IBD experience I believe it would be very hard to enter FT. As I am also a recent grad I think I would be still considered early careers anyway?
*Trying to really step up my network game, reaching out to 40/50 uni alumni along the companies I am targeting. My aim is to get 1 - 2 informational interviews that hopefully will get my cv noticed when it comes to applying (e.g. asking for referrals).
*Considering also doing a MSc at a top uk target uni but not sure whether it is a good choice? I am in Banking already at the end of the day - the question is how favourable would a top MSc seen by BBs etc. compared to my kinda-relevant work experience ?
*Given my background, what areas of IBD, if any, do you think would be better suited for me? I am mainly interested in S&T but would welcome M&A for the development and opportunities offered.
* Am I "doing it right"? What extra steps would you recommend?