MS offer, after being rejected in tier 3 banks.

When I was a college, all I wanted to do is IB. I was from a European target, and during my second year, I started applying everywhere. Fortunately, I was able to land an offer at MS after getting rejected in tier 2-3 banks. The thing is, is to never give up. You should not give a fuck about getting rejected, you should always move on. Also, do not be that type of guy "ohhh I only want to work at GS/EVR." Because you will be left with nothing. You need to understand that luck is a huge variable in the equation and you should not focus on prestige. The girl that you liked in your class will not give a fuck about whether you are working at GS or BAML.

Only do it, if you like it. What are some of your rejection stories?

 

Got rejected at some low tier EB's/BB's before landing a top EB, and two top BB offers. Extremely random process.

 

I got rejected literally everywhere except one famous old hedge fund. Target undergrad math. Target masters math. High gpa. Got rejected everywhere on the sell side. So maybe another good point is don't restrict yourself to the sell side when recruiting

 

I was told that I wasn’t cut out for IB from a Ivy Leaguer at a MM bank in chicago and shitted on for trying to recruit as a non-target. Told I wasn’t polished and would never stack up to the ivy league kids. Can happily say I got my pick of the litter from MS to BofA and EBs. Wish I could rub it in their face now that their firm begged me to recruit there.

 

Similar story. Received offers from the "Top" firms but got almost insta rejected from the "Low" ones.

 

European semi-target, got 400 rejections before getting a first finance internship at an insurance giant. Then dozens of cold calls to land in a very small local boutique, once again hundreds of rejections until get offer from a flagship TMT shop. Eventually leveraged this TMT experience into a BB off-cycle. It sounds quite a story but then guess what?? Was fucked by COVID and had to go back to Asia as my visa expired. Now doing my best to return to London, don't know how likely it will be but I will never give up.

 

Lmao, reminds me of someone I knew who made 100+ SA applications, got rejected by pretty much everyone, and ended up taking an offer from Blackstone.

Also know people who have extended their Bachelor's or completed multiple Master's degrees so they could have additional rolls of the dice for SA. Yeah it's a numbers game for sure and everyone knows it.

 

When I was looking for internships roles out of school, I interviewed at a bunch of banks and got zero offers. One bank waitlisted me. They said they liked me and I was their first choice on the waitlist. I was one of many talented people who were highly qualified, but (for whatever reason) came up *just* short. I felt like a first place loser.

Then, fortune. One of the candidates renegged on their the offer for another bank. I got a call back from the bank. I was in. I was literally everyone's last choice, but I was IN.

This was life changing fortune. I knew it then and I know it now. I worked my ass off that summer. I was the only intern in my group to get a FT return offer. 

 

In the same recruitment season got rejected by DB/ Citi/ UBS first round, JPM/ CS superday but fortunate enough to land GS/ MS/ Laz

 

Failed to receive a return offer at a MM bank. Re recruited and spun it off to land GS TMT/MS M&A/ EVR M&A in FT process. Got extremely lucky along the way

 

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