Common advice for non-target or less qualified applicants is to seek out middle-market or boutique banks. I've heard elsewhere that these banks are more inclined to only hire students with finance/accounting backgrounds. Is this fact or fiction? Is it because of the difference in training? Finally, what would you suggest for a non-business major in such a situation? Thanks in advance.
Trending Content
| +145 | How to stop feeling like shit for not making it in IB? | 55 | 4h | |
| +108 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 53 | 13m | |
| +67 | Updated LA Banking Scene (2024) | 49 | 14h | |
| +38 | Ranking banks that went under | 20 | 2h | |
| +34 | Burnt Out M&A ASO | 18 | 2s | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 7h | |
| +31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 3d | |
| +29 | Relevance of A-Levels for U.K. London recruiting | 21 | 13h | |
| +28 | Recruiting in the Fall | 5 | 2h | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 1d |
Career Resources
Generally, a MM bank will be leaner staffed and have less resources than a BB. The price of entry and investment in training is less for someone with a finance/accounting undergrad background vs. someone with a non-traditional background.
In the case of non-business majors pursuing IB opportunities at a MM, I believe the same profile requirements would be in place, i.e. to have had at least a relevant internship, however, I think a MM that has an industry niche focus such as TNT would be more open to considering someone with say an engineering background.
Also, folks assume a MM might be more easy going on other things such as GPA, but this is not always the case.
Good perspective. Thanks.
do you even have a chance at the middle market if you're not an accounting or finance major?
Cum eum eligendi rerum eos. Alias architecto rem et modi est explicabo. Velit porro quo consequuntur assumenda officia. Maxime iste tenetur illum atque qui non.
Ea sequi iste delectus dolorum. Assumenda sint placeat qui deserunt. Ipsam reprehenderit inventore autem est exercitationem. Sit suscipit mollitia assumenda sit ratione. Molestias earum et autem neque suscipit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...