PSA: How to get blacklisted from IB
To all college students recruiting for IB, this is how you get black listed from Wall Street:
Email between Student and Associate at EB:
Student:
“One simple question, Associate
Do you also keep pushing back or not answering client calls? Is this how bankers handle business?”
Associate:
“Student, I pushed to 6:00pm ET - when I didn’t hear from you at 6:07pm ET, I called you and didn’t get an answer. Are you upset I didn’t wait by my phone for a call back? I don’t even know how to respond to your email and good luck with recruiting”
Student:
“I am upset how you kept postponing calls has messed up my schedule for the whole day. I am also upset md yawned over the phone and the way he answered questions impatiently. Everyone’s time is valuable, not only your bankers.
I am reaching out because I respect you and your firm, but I did not receive the same respect.
Good luck with your career and with the reputation of EB.”
Saw this yesterday, incredible. Love how a sophomore looking to network compared himself to a client. The entitlement is off the charts.
HOOK EM HORNS
don't throw MS if you're from UT Austin Matthew McConaughey is a shitty replacement for actually having a good football team fucking fight me brah
Bruh what the actual fuck
There's this weird thing where people who you are doing the biggest favor to are always the least respectful of your time...
lol does anyone have a screenshot? or where i can find this gold
Saw this, pretty sure it was Moelis. What a fucking clown.
where did you see this? gotta see this now to fully believe it
Saw it on a finmeme acc, don’t remember which
It got posted to one of the big IG finmeme pages with less info redacted.
Whats up with all the trolls and Moelis,
Weren't they the ones who circulated that one guy who said he wanted to be a banker with every fiber of he being or something lool
While the OP is posting an egregious case, I am surprised by students that give off a pretty entitled vibe.
I have had several students miss phone calls (without notification) and not be flexible with their time while trying to setup a networking call with me. I went to college (in most cases to the same school as the student), I know what the schedule is like and I can tell you that, while everyone’s situation is different, most likely you aren’t very busy (and I worked two jobs in school and had many other activities).
It is surprising to me, if someone you are trying to network with gives you multiple hours over a week you should be able to find a time to make it work. But more importantly, don’t start off a networking email by telling the banker/consultant/etc what works for you, try to work around their schedule, they are more likely much more busy (and in some cases have families, etc).
Not even that, it's a completely unusual circumstance right now where everyone is just sitting at home. What other plans can he have on his schedule that the Moelis guy ruined?
Mans wanted to run squads with his Sigma Alpha Epsilon homies on Warzone at 6p, gotta respect the tight agenda
Absolute clown. This is what ruins cold email response rates for the rest of the hustlers.
Was posted on Arbitrage Andy, here are the screens:
https://imgur.com/a/sD0fet4
Wondering if UT Austin will get blacklisted
While certainly not a great look, pretty sure UT is actually a target for Moelis.
Nah, McCombs has 4500 undergrads. But maybe the school will reprimand him. At my school if you cancel an interview you got via OCR or renege on an offer you can lose access to OCR.
.
Hitting him with the passive aggressive, "sure." Jesus, that kid is clueless.
True. And that's the real tragedy of this isn't it? If I was the Moelis guy, next time some UTA student asks for a bit of my time I'd be tempted to delete the email unanswered. Who needs the aggravation?
And there are so few people who have made it who are willing to be helpful later, and stuff just burns the more generous folks.
Jeffrey Chiang_v02
Definitely less egregious but still worthy of a blacklist
Edit: Chiang was doxxed, why not this goon? What's your last name, Harry....
lmfao relax my guy. doxxing isnt a joke
Was 80% kidding....but hopefully his name gets red-flagged on the street
For any TX office, he's done
It took me 2 minutes to look up who this guy was in our resume book. The name is not that common.
Was his resume good
Lmfao what did I just read. Props to the Moelis analyst for keeping his cool lol
I wouldn’t even respond to that clown. That associate gave him the upper hand by getting defensive.
What is it with UT and psychopath wannabe banker kids? Makes me ashamed of my alma matter
McCombs does seem to have a lot of extreme hardos but could just be because the school is so big.
Yeah haha it's a pretty strange coincidence. Don't know anything about the culture there so it could just be bad luck
.
I legitimately think stuff like this happens at all the hardo-filled publics (UMich, UT, Cal, UVA). And NYU too although not public. It's why I recommend kids to go to private targets like Georgetown, Duke, Brown, Notre Dame, Vandy, Dartmouth, etc. I think the non-finance focus leads to a much better culture honestly.
I had no idea students could be so entitled. That's mind blowing to me. Imagine their attitude toward a student if they were a staffer. When networking, I haul my ass to the city, buy the coffee/tea, and haul my ass back. Sometimes it's a 2 hour trip for a 30 min chat. Humility is a virtue and crucial in a relationship driven industry.
No imagine 13 of these entitled kids get a job at GS and then after 1 year make a PowerPoint
Ooof, we may have found someone with lower EQ than myself.
This actually hurt to read. To watch this blowup... it's like a car crash. It looks awful, you feel bad, but you just can't look away.
Personally, I don't feel bad for this kid at all
What a Zoomer
This is so tragic. He was so lucky to have that opportunity.
mind-blowing. entitled cunts like these are probably why some bankers are reluctant to talk to kids who reach out.
Wow.
Pretty sure this same kid is the UBS guy going around lately
UBS guy?
He's in the "how many offers did you get" thread
Fucking Generation Z
please try not to see it as a generation thing....plenty of hardworking monkeys out there
so... did he get the return offer?
rip
UT McCombs student myself - sad if this really is a Longhorn. Please don't let this affect your view on the other few thousand of us.
Don't worry man. Every school has douchebags. It ain't your fault.
This response is so far from anything normal that it's not going to reflect on the school.
Then again who hasn't had a bad moment in college, not that smart to share the kid's name because there's only going to be a couple of those at the school, at most.
The name is a dead giveaway. Out of all the IBD applicants from UT this year, there is only one with that name. His background explains the funky grammar as well.
Yeah I was gonna say, movies/TV would have you believe that's a common first name but you don't meet too many.
Yikes. Hope he had already secured some interviews before this started going around.
I feel like there's a difference between having a bad moment with good intentions and just being a douche. This kid was clearly spoiled growing up.
Yeah not that big a deal that his name gets shared, I mean, once it’s in an email it’s forever anyways. But I hope people would think hard before sharing someone’s name in a broad forum like a mass email chain or message board. The stakes are small here because it’s just the little world of IB recruiting, and not as funny an email as some. You can imagine how easily it could go viral if the subject was a bit more broad or the content a bit more entertaining. Sounds dramatic to say but lives get ruined easily. We don’t need another Aleksey Vayner situation.
Moelis's reputation has only improved in my eyes bc the banker didn't stand for this shit
Considering Moelis just did what I thought was a very generous thing with their incoming summers, I think it's safe to say they're not taking crap from anyone, especially from a semi-target
Think this is second time in as many years someone from Moelis leaked a 19/20 yos communication to make fun of the candidate. Not a good practice tbh. It’s all fratty and fun but there is someone somewhere actually getting impacted
Did you read the actual "communication"? This isn't like the guy said something awkward in a coffee chat then got made fun of, that's "fratty and fun". This is an entitled jackass who acted like a spoiled cunt and ruins the impression of people towards other college kids tryna break in who aren't complete assholes. He deserves every piece of flak towards his way. Pretty sure OP meant well by posting this, as a reminder to college kids that this kind of behaviour is a huge red flag (though it should go without saying). I'd even go as far as to say it's good for him to receive criticism from this board or elsewhere.
I saw the email. If I’d not recommend sharing a frustrated client or coworkers email that we all get for world to see (which I think everyone agrees with), why’d I agree with trying to teach a 19/20 yo a lesson?
He probably listens to Kygo all day long.
Ay bro what’s wrong with kygo
Chad Student vs. Virgin Associate
Based Pats fan
McCombs is a breeding ground for future toxic MDs
Fucking ridiculous but hilarious at the same time. Smfh
Nontargets gonna be nontargets
lmao jk there's pricks everywhere, this is just horrible EQ/self-awareness
Updates: heard this student recently got into Wells Fargo IBD
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