¿PE/IB/MBB opportunities Spain?
I posted this yesterday but it was reported/flagged because it was written in spanish:
Not long ago I found about this website, which is really helpful, and after reading about some "non-target -->", I was wondering if any Spaniard has a similar story. I have seen that most of those who work at BB, in Spain come mostly from IE, ICADE, overseas universities and some from Enginering backgrounds (Politécnica Madrid, for example), these being always in the top 10% of the class. Many interned in finance related reputable firms within the industry. Honestly, I understand that these universities have a better reputation and that people would rather recruit from the universities they went to and that many of the best internships available are only possible through referrarls.
About me: finance related degree (top 20%) at a top 10-15 university (not top 5), I come from a city with 100-300k inhabitants, state/public school all my life and did the "Bachillerato Tecnológico" (wanted to study engineering prior to finding out about finance), with my grades not being the best but still good (>12 in total after Selectividad). I had no clue what Bloomberg, the S&P 500 norwas until COVID 19 lockdowns (probably the only thing I knew was: money printing = inflation, which I now know is not entirely true) but slowly I started reading and learning more about finance and business (valuation methods, the financial plumbing, macroeconomic trends..) and I found out that I both enjoyed and had a genuine interest in these topics (I even did a "DFC model" for Carrefour). Furthermore, I also started following some very interesting twitter accounts (there are many but some examples could be: @TheLastBearSta1, @AlessioUrban ,@Maroon_Macro, @Michaelxpettis, and for spanish ones: @GalicianInvestor) and started listening to some podcasts (such as Value After Hours - Tobias and Eurodollar University - Jeff Snider). Lastly, I am keen to work in the previously mentioned industries but I am aware thet PE is basically impossible straight out of university and when referring to IB I don't mean M&A (more like AM).
During my 1st year at university I tried networking and although I had some (very few) positive responses, nothing is available until you get half the credits at university (however, these internships were not some of the "fanciest" out there, but still better than nothing).
I don't know anyone working in anything related to finance (not counting the guy that works at the local bank branch that my mom goes to) so I came here seeking for advice because my chances to get in these industries look very slim (if not 0).
I would love to read about any of you in the comments.
P.D: the website keeps adding canada in the region section for some reason