non-IBD referrals for IBD positions

I was talking to someone the other day at a non-target who broke into a BB (think JPM, Goldman, MS) who said they only got into the interview process through a connection in another division of the bank.

Is this common at a lot of BB firms? Or will only IBD referrals get you into the recruiting pipeline? I guess this is probably more true at firms where HR runs the early rounds of the recruiting and not the junior banker themselves.

 

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