I wanted to post my situation here in case anyone has advice they'd be willing to share with me. I recently graduated from a semi-target. I didn't really know much about investment banking until I graduated and started reading a lot of this forum,& Pearl, etc. and became quite interested in the field.
Here's the problem. I don't have any finance internships, and it seems like most banks hire from their intern class. And I can't get into the intern class because they're only open to college students.
So I've been trying to fix this by networking. I've sent out a few emails so far, but I can definitely send out a lot more. What I'm trying to accomplish with this post is to figure out an overall strategy. Basically, is it worth it to network with BBs, given that their internship programs seem so regimented and bureaucratic? Could I get on their radar as a recent graduate? Or are they not willing to consider people who are not current college students? (If it's relevant, I have a 3.9 and good test scores, and a pretty good internship, but not finance related.)
As I see it, I have a few options.
- Try to network with BBs. Get an internship somehow? Not sure I could get FT because (a) FT recruiting seems like a disaster with no spots available and (b) I have no IB experience.
- Try to network with boutiques and hope that their internships will be more flexible and open to recent graduates. (But will this close the door to the "cool" exits like PE/ ? Could I try to in the future?)
- Go back to school. This is not really an option because I already have too much student loan debt and need experience, not more school.
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