Networking Before Start of SA?

I understand that before SA most interns will prep on their technicals, team/bank deals, excel shortcut etc. But specifically how to network before the start of SA without seems like a kissass? My purpose of the networking is primarily to understand how I can prepare better and of course build early rapport with the team to ensure FT conversion.

If anyone has any such experience please share your story. Thanks

 

Seems to me like the kids that "networked" beforehand and tried to hard ultimately were the ones that didn't get the offer.

I literally did not know anything about excel, did absolutely 0 networking after I got my SA offer (except thank you email after accepting the position and yet cruised through SA internship and was considered the one of the "best" intern in my EB.

What I did do on the other hand was shut up, take notes on everything, ask smart questions, don't make carless mistakes, and be a normal guy people would want to grab a drink with. Don't overthink it, unless you're going to GS that has like 50% intern conversion or the firm is very office politics heavy there is no reason to do prior preparation. The group liked you enough to offer you a SA spot that is enough networking in itself.

However with that being said it is helpful to know your basic excel shortcuts and some PPT just so you aren't totally useless the first week or two on the desk.

 

Thanks for the sharing. I agree that if you network too hard it leaves a bad taste to the FTs. Seems like you're just a desperate idiot with low EQ lol. Ideally I would like to perform well during the 10 weeks but beyond performing well I'm wondering whether I can gain any advantage by networking beforehand yknow. And if that's the case how specifically.

Can you share why the SAs didn't get the offer per se? Is it because the analysts didn't like them for kissing their asses too early?

 

I really don't think there is an advantage. FT (analyst/associate) aren't gonna give you an edge just because you talked to them before once or twice. The only thing they're gonna care is about the work you do.

Well our group was only 20 kids give or take and 2-3 didn't get offers. No it wasn't because they kissed up too much it was because ultimately they were incompetent. I think 1 realized half way though IB wasn't for him/her and the other just didn't have that skillset to be a decent analyst. Banks are LOOKING to give you an offer its your offer to lose just don't fuck up and you'll be fine. (Unless of course there is a recession and your bank just cuts the entire class)

 

i haven’t started FT yet, but in my group getting a return offer wasn’t how fast you could use excel or how much you knew about the group’s deals (i couldn’t have told you about one deal my group had done when i hit the desk). it was about if people liked you and wanted to work with you for 90 hours a week for 2 years. maybe it’s just me but trying to network with people before your SA (unless it’s for group selection) seems weird. like what would you talk to them about? how to be a good summer analyst? you can read about that online — don’t ask questions you can google. who are the assholes in the group? that sounds like you don’t know what’s an appropriate question and what’s not.

 

Sequi placeat excepturi ut. Autem qui dolores ab odit recusandae officiis. Enim culpa sapiente reprehenderit consectetur eum rerum dicta.

Cupiditate rerum est dolorem nihil. A et enim ea totam debitis ut voluptas voluptate. Dolores molestiae odit veritatis et. Placeat et consectetur ut id maiores nam. Dignissimos saepe aut dolorem excepturi natus rerum ab minus. Dicta laboriosam consequatur voluptas explicabo.

Et consequatur ut id est ab modi quo. Nobis voluptas facilis esse eveniet repellendus alias. Voluptatem veritatis sit fuga deserunt.

Quis consequuntur quae explicabo odio in commodi eius architecto. Laborum omnis cumque ut sed. Accusamus doloremque laudantium et. Quo facilis architecto voluptatibus eos beatae id. Velit eum et qui enim. Eum enim non vel autem praesentium itaque consequatur. Qui non velit autem rerum quis.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”