I'm currently working as a Strategy and Operations analyst at a technology firm (market cap > 50bn) and want to move into investment banking (preferably a coverage team like TMT). I've been there almost a year now.
During my year at work ......
~ I applied for a UK Masters degree but was rejected as they typically want a 1st class (I have a 2:1 from a top target in a quantitative discipline). Places like LSE take people with a 2:1 for the MSc Finance programme but I did not get an offer for this programme.
~ I did not land any interviews for off-cycle internships or full-time analyst positions for IBD. When I spoke to recruiters/alumni, the feedback given was because I was competing with people with recent finance experience (I interned at an M&A boutique but a few years ago as part of a university exchange). I also tried adjusting my CV saying I would do a Masters starting this September, and therefore eligible for summer internships, but that didn't help.
~ I tried reaching out to the corporate development/other teams at my current firm but they want bankers/consultants and people with MBA's. My firm won't help fund an MBA for now/I'm also ineligible at the moment as I'm too young.
~ I reached out to headhunters/F500 companies for the corporate development roles. The problem is that they keep referring me to Data Scientist roles, Operations Analyst, Business Development or Sales roles because of my previous experience - none of which interest me. I tried consultancies (not just MBB) but had no luck there either.
~ I cold called tonnes of boutiques during lunch hours/after work but either they are not hiring, want people with recent finance experience or refer me to the larger firms for graduate programmes.
What can I do to reposition myself for banking recruiting? Please feel free to ask any questions and I will reply in as much detail as possible.