Hey WSO Community,
Been lurking on this website for little over half a year and just wanted to share my story since I finally have one to tell and hope to inspire other Non-targets like I was inspired when I started up on this site.
Public state school, not well known, with literally 0-5 alumni in the NYC area. Majoring in Finance only with no minors, etc. and achieving a 4.0 GPA as of current. 2 internships in corporate finance and none in banking. VP of Finance Club, working with the school's foundation to help manage their portfolio, and one of the analysts in the Student Managed Fund.
I knew the end of the junior year that I had wanted to get into banking but had no feasible connections and after doing some research, realized I missed the recruiting timeline for the SA positions. I also knew that without any internships in banking, the road to making it was going to be a lot harder since that would mean I would have to try for FT positions when recruiting for this year came about. To prepare myself, I made the best out of my last corporate finance internship by working with excel as much as possible, reaching out to as many alumni as possible, and working side by side with one of the senior execs at the company who had previous PE experience. Long story short, relatively small company which gave me a lot of facetime with higher-ups which allowed me to tap into their networks.
Fast forward to the Fall semester and I knew FT recruiting was about to begin. With that being said, I ended up sending over 30 applications one weekend, reaching out to as many alumni as possible, and cold-emailing a lot of firms. Of those 30, 10 got back. Of those 10, 2 gave me interviews. Of those 2 who gave me interviews, 1 allowed me to come back for a superday. I should mention that the 1 who allowed me to come back is the one with an alumni that was rooting for me since day 1.
Superday comes around and I am sitting in a room full of "targets" who look and sound phenomenal on paper. Feeling like I had a slim chance, I thought why not break the ice and get to know everyone? After making some jokes, getting to make the room feel a bit lighter, my interviews started and I thought to myself, just give it all you got and if you make it, awesome. If not, I'll have one hell of a story to tell back home.
The next day came and I got a phone call telling me that the job was mine if I wanted it. Ecstatic and nervous, of course I accepted, then proceeded to go back to my classes realizing I just broke into a NYC BB. As you can imagine, it was hard to focus.
I didn't share this story to gloat, but rather to hopefully inspire some other non-target candidate(s) that might think they have no chance of "breaking" in, just as I was inspired some time ago. It can be done. With a lot of elbow grease, constant networking, and making sure you are trying your best, something will come about. I wish everyone the best in their future endeavors and wanted to say thanks to the WSO community for the knowledgeable threads and thanks for all the reports, courses, and prep that you offer.