questions about networking

Hi! 


I have several questions about networking: 

-Does it work in Europe (London/France/Germany)? 

-When I call someone, will they offer to take my CV? Or I have to drive the discussion to my cv? 

-During the call should I ask about his job ? (like a teacher who explains to me how IB works), or should I have to understand exactly his job and ask questions about his career choice ? (why  did you move to PE?, why did you change bank?, how did you manage the lack of sleep? ) or  the questions should be different? 

-If I call someone and his bank launches an offer 3month after, how I have to ask him to help me? "Hello! how are you? I have recently seen that your bank is looking for an intern, have you some piece of advice? "

 
Most Helpful

Networking works everywhere, but is less common in Europe (at least the aggressive kind). You should generally send your CV/resume in advance of the call. This will provide something to talk about. During the call you can certainly ask about his job and what exactly he does. If the person works for DCM, you'll research that and ask specific questions. You might ask which industries he covers etc. I wouldn't ask lifestyle questions (how do you function without much sleep etc), but ask work related or market related questions. If you apply to the person's firm, send a follow up later thanking the person for speaking to you (this will be your second thank you email) and let them know that you decided to apply etc and to which role you have applied. 

 

Pretty much useless in the U.K.  this is not standard practice. Whilst in theory if someone reach out to me I could endorse that candidate and email HR with their resume, I would kind of be staking my judgment in that one so just don’t As it is out of the box.
 

Also everyone usually ask if I can refer them at the end of calls but as most people are just ignorant about IB, not super fun, and without exp I just tell them I can’t. 
i have done it for like 1-2 people out of ~25 calls and ~50 people who reached out to me this year. But they really stood out. 

 

I'm surprised that networking is not important in UK, because there is a french guy who sell masterclass to understand IB process, who said that at JPM UK there is an intranet in which every employees could put forward some application to summer.
 

Excuse my French ! (and my English also)
 

Consequatur velit libero omnis laborum non assumenda totam optio. Inventore odit et quia vel illum. Sed et est tenetur corrupti dolorem voluptate voluptatibus.

In et provident dignissimos dolore voluptates. Quia ut fuga error qui laborum.

Cum iure laborum sed. Et officiis dolore minus sint.

Sint et beatae ex incidunt consequatur. Est aut magni similique doloremque qui provident dolorem.

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
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”