Tips for a networking trip to NYC

Hi everybody. I am heading to NYC this week to do some networking with some alumni who worked in banking from my non-target (think middle to top Big Ten). I'm excited and fortunate enough to have lined up some lunch/coffee meetings with 6 people, but I feel like I'm not talking to enough people on this trip. Is there anything that I can do in these next few days or while I am in NYC to meet more people? I've cold emailed quite a few people I saw on linkedin and only got a response from an MD at an elite boutique, but it's kind of late to do more of that.

Side question: How likely is it that I would get interviews from cold applying to places in NYC? Like I said, I go to a non-target, but fairly good school and I have >3.9 GPA, 35 ACT, off-cycle regional boutique IB internship, and extracurriculars.

Thanks for your help.

Comments (77)

 
Oct 18, 2015 - 8:25pm

Getting the most of a trip to NYC, aka networking with the most people in one day (Originally Posted: 10/15/2013)

Junior at a non-target, planning a couple of trips to NYC. Originally I was just gonna go after finals in December for like a week straight but some on here said that might be too late, try to go earlier.

Well I played around with my schedule so for the 2nd half of the semester I only have one class Friday (should be able to skip most Fridays). My goal is to make it out three times before finals and then go for about a week after finals.

So if I am going to make the drive to NYC (8+ hours) I want to maximize my time there. My friend, who might tag along for one or two trips thinks that we can meet with 8-10 people a day...I think that is nuts.

I would love that but I just don't think it is realistic. I met with people in Chicago over the summer and talked with 3 people in about 4 hours but that was different because one was a MBA student who hadn't started school yet and was super flexible. And the Loop is super easy to get around and not that big (compared to Manhattan).

So how did you guys go about maximizing your informational interviews in one day? Most people are gonna want to meet around lunch time or maybe earlier morning, how often did you meet in the late afternoon/early evening? I don't want to sacrifice quality though if I am constantly checking the time/"rushing" things.

Any advice?

Thanks, just want to get some feedback before reaching out and asking for meetings.

 
Oct 18, 2015 - 8:41pm

NYC networking trip: Last week of august? (Originally Posted: 07/29/2014)

Planning on a NYC networking trip as a lateral, is the last week of August a good time to? Is the start of sept better?

 
Oct 18, 2015 - 8:43pm

It's also the middle of recruiting season. The best time to do it is around February, when they don't have sixty other kids hounding them for coffee.

"Everyone has a plan until they get punched in the face."
 
Oct 18, 2015 - 8:44pm

NYC Weekend Trip Questions (Originally Posted: 07/09/2011)

I just finished my second year of college and I want to plan a weekend new york trip to position myself well for summer time recruiting. One MD I talked to said I was starting really, really early for third year SA (he said that he was sitting across the hall from where the current SAs were doing training). I originally planned to go at the end of summer, between when my internship ended and when school started, but is that too early? I don't want people to forget me come recruiting season, especially when it happens in December/January, but I also want to try and avoid missing school or taking too much time off.

Besides that, is it best to go with friends from your own college on weekend trips or to go alone? I just think if you go with people from your own college you may be networking with the same people and overlapping, and they may remember your friends over you.

 
Oct 18, 2015 - 8:46pm

I went down a few times sometimes with people I knew and sometimes without; I'd avoid going with friends IMO not to be cutthroat, but I'd say you want less distractions when you're trying to network etc. That being said if you're not going out with the guys that you're networking with for drinks of something you might be wishing you had a few buddies to go out with.

As an aside, don't limit yourself to going down just once... spread them out; maybe a trip in August to break the ice and few emails over the fall semester and then a trip in December to shore up the relationship before recruiting commences.

'Before you enter... be willing to pay the price'
 
Oct 18, 2015 - 8:48pm

Well I assume after the first time you'll know if he/she is interested in you. If so, a second time sounds good.

 
Oct 18, 2015 - 8:50pm

Are you jewish? YJP (Young Jewish Professionals) is hosting a finance networking & hedge fund summit with a panel of speakers including the head of BlueMountain, Talpion and Jana Partners on Nov. 20th.

 
Oct 18, 2015 - 8:52pm

NY networking trip: Oct 29 weekend vs. nov 5 weekend (Originally Posted: 10/10/2011)

just wondering if there was a big difference between either of those dates for SA recruiting. Will November be too late? Or is that a good time to go? I kinda don't wanna miss Halloween around here but obviously career stuff is more important.

 
Oct 18, 2015 - 8:53pm

rage your face off for halloween. there's no difference, first round selections aren't until early next year. except maybe credit suisse, their deadline was strangely early if i remember correctly, though still in december?

 
Oct 18, 2015 - 8:54pm

They're almost exactly the same, so I'd go later.

"Everyone has a plan until they get punched in the face."
 
Oct 18, 2015 - 8:55pm

New York trip next week (late august) or early october? (Originally Posted: 08/18/2011)

Those are the two dates I'm looking at for a New York networking trip. heading into third year and want to know what is best? one guy has already told me he'll be on vacation during that time and to reach out in october. Is that going to be too late for SA recruiting? When does SA recruiting for BB IBD/S&T start/end?

 
Oct 18, 2015 - 8:58pm

Yes, definitely. They aren't recruiting a full year in advance.

"Everyone has a plan until they get punched in the face."
 
Oct 18, 2015 - 8:59pm

Networking (for SA interviews) trip to New York in the middle of December (Originally Posted: 08/29/2013)

Like the title says I am trying to plan a networking trip with a friend right after finals. I was just in Chicago and met with some alums there and many of them said the recruiting timeline started in the fall but most interviews didn't happen until early winter/January.

In my head, I kind of thought most banks have their deadlines on 12/31 (though I think some are 2/1) so planning a networking trip in the middle of December seems fine but someone told me it might be too late/too close to the deadline.

I don't really think it matters as long as it is before the deadline but I wanted feedback from you guys. My schedule is not super conducive to getting to NYC during the school year but I could probably go on Thursday nights for a Friday networking trip a couple times this semester. But it would be much more cost effective to go there for a week in December. And I wanna crush this semester academically.

Thanks!

 
Oct 18, 2015 - 9:00pm

As a general rule I'd say that you want to begin networking and getting in front of people / staying in front of people as soon as possible. So reach out sooner rather than later, and I think a 'face to face' meeting is always more beneficial than just calling/emailing. Don't wait till December.

'Before you enter... be willing to pay the price'
 
Oct 18, 2015 - 9:01pm

In my limited experience I would agree. I have read threads on here about how to effectively network through email then a phone call (mainly the call). But long story short, my last contact I met with in person last week gave me a number of someone to call (who he felt was really similar to me/could help me out) and I was pumped because even though it was a phone call it could still really help.
It didn't go bad per se, but it was easily my worst connection mainly because it was over the phone. On paper we had a lot in common but other people that I met with in person were ecstatically giving me advice and suggested themselves they would forward my resume.
Didn't really get that feeling from the phone call haha. Part of that was because it was my first "networking" call too though.
Still working on my approach.

But maybe if I play my cards right, I can build some connections through email and a short phone call and then email them saying "I'll be in the city from blah blah blah…are you free to meet sometime" later this year.

Thanks for your reply.

 
Oct 18, 2015 - 9:03pm

Still have not done much cold networking over the phone, OCR actually had some decent hits (all regional, and super early...). But I can't rely on that/pretty sure I got dinged at one place.

About to strategically update my current contacts/people I talked to in early August about my progress and about how I am applying their advice.

 
Oct 18, 2015 - 9:04pm

Reason I kinda bring this up is because my honors group got a forwarded email from someone in JPM IBD offering to help us and her email had the middle initial format and I was like dammit.

I could network with her (which I plan on doing) and ask if she knows him...it would be over the phone so I have to be careful with my approach.

Probably should have just made a whole thread on how to cold email a JPM person haha

 
Oct 18, 2015 - 9:06pm

I think this depends on whether you're target/nontarget and your application deadlines.

I went down in December cause my school was a target (or at least resume drop) for almost all the banks I interviewed at, so timeline it was fine since they didn't take our resumes until mid January at the earliest.

However, I have friends who mentioned that their school specific application deadlines were November or so. So, it depends a lot on your personal timing.

I will say that being early can't hurt; it's not like you're going down a year early. A month or two won't make a difference as long you follow up closer to deadlines.

 
Oct 18, 2015 - 9:10pm

NY Trip - Jan 29th/30th too late for Summer Internship Networking/Interviews?? (Originally Posted: 12/30/2014)

Hey Monkeys,

Planning my second trip to NY to follow up on some connections that weren't available to meet the first time around and some to meet again who expressed interest in doing so.

I'm mostly meeting with boutiques and some in the MM to talk about internship opportunities. For the most part, I'm in the dark about these shops recruitment timelines... all I'm going off of is their willingness to meet with me "the next time I'm in town".

I'm hoping that some of these meetings turn into impromptu interviews.

Would Jan. 29th/30th be too late to make the trip down?

 
Oct 18, 2015 - 9:12pm

Personally, I think the end of January would be a bit late. A lot of places have formal recruiting going on now and throughout January, and while Boutiques / MM may be a bit later in the process than bigger firms, end of January seems late to be still conducting informational interviews, as most places will have already had formal interviews and extended offers by that time. If these meetings are more actual position interviews than just networking, then the timelines are more in sync.
It really depends on the size of the firm though and how much their timelines line up with the general recruiting timeline.

Those are my thoughts, if I were you I'd try to either make the trip earlier, or start making more of an ask regarding their timelines and a summer placement.

 
Oct 18, 2015 - 9:13pm

Personally, I think the end of January would be a bit late. A lot of places have formal recruiting going on now and throughout January, and while Boutiques / MM may be a bit later in the process than bigger firms, end of January seems late to be still conducting informational interviews, as most places will have already had formal interviews and extended offers by that time. If these meetings are more actual position interviews than just networking, then the timelines are more in sync.
It really depends on the size of the firm though and how much their timelines line up with the general recruiting timeline.

Those are my thoughts, if I were you I'd try to either make the trip earlier, or start making more of an ask regarding their timelines and a summer placement.

 
Oct 18, 2015 - 9:14pm

Personally, I think the end of January would be a bit late. A lot of places have formal recruiting going on now and throughout January, and while Boutiques / MM may be a bit later in the process than bigger firms, end of January seems late to be still conducting informational interviews, as most places will have already had formal interviews and extended offers by that time. If these meetings are more actual position interviews than just networking, then the timelines are more in sync.
It really depends on the size of the firm though and how much their timelines line up with the general recruiting timeline.

Those are my thoughts, if I were you I'd try to either make the trip earlier, or start making more of an ask regarding their timelines and a summer placement.

 
Oct 18, 2015 - 9:15pm

Personally, I think the end of January would be a bit late. A lot of places have formal recruiting going on now and throughout January, and while Boutiques / MM may be a bit later in the process than bigger firms, end of January seems late to be still conducting informational interviews, as most places will have already had formal interviews and extended offers by that time. If these meetings are more actual position interviews than just networking, then the timelines are more in sync.
It really depends on the size of the firm though and how much their timelines line up with the general recruiting timeline.

Those are my thoughts, if I were you I'd try to either make the trip earlier, or start making more of an ask regarding their timelines and a summer placement.

 
Oct 18, 2015 - 9:16pm

Personally, I think the end of January would be a bit late. A lot of places have formal recruiting going on now and throughout January, and while Boutiques / MM may be a bit later in the process than bigger firms, end of January seems late to be still conducting informational interviews, as most places will have already had formal interviews and extended offers by that time. If these meetings are more actual position interviews than just networking, then the timelines are more in sync.
It really depends on the size of the firm though and how much their timelines line up with the general recruiting timeline.

Those are my thoughts, if I were you I'd try to either make the trip earlier, or start making more of an ask regarding their timelines and a summer placement.

 
Oct 18, 2015 - 9:17pm

Personally, I think the end of January would be a bit late. A lot of places have formal recruiting going on now and throughout January, and while Boutiques / MM may be a bit later in the process than bigger firms, end of January seems late to be still conducting informational interviews, as most places will have already had formal interviews and extended offers by that time. If these meetings are more actual position interviews than just networking, then the timelines are more in sync.
It really depends on the size of the firm though and how much their timelines line up with the general recruiting timeline.

Those are my thoughts, if I were you I'd try to either make the trip earlier, or start making more of an ask regarding their timelines and a summer placement.

 
Oct 18, 2015 - 9:18pm

Personally, I think the end of January would be a bit late. A lot of places have formal recruiting going on now and throughout January, and while Boutiques / MM may be a bit later in the process than bigger firms, end of January seems late to be still conducting informational interviews, as most places will have already had formal interviews and extended offers by that time. If these meetings are more actual position interviews than just networking, then the timelines are more in sync.
It really depends on the size of the firm though and how much their timelines line up with the general recruiting timeline.

Those are my thoughts, if I were you I'd try to either make the trip earlier, or start making more of an ask regarding their timelines and a summer placement.

 
Oct 18, 2015 - 9:19pm

Personally, I think the end of January would be a bit late. A lot of places have formal recruiting going on now and throughout January, and while Boutiques / MM may be a bit later in the process than bigger firms, end of January seems late to be still conducting informational interviews, as most places will have already had formal interviews and extended offers by that time. If these meetings are more actual position interviews than just networking, then the timelines are more in sync.
It really depends on the size of the firm though and how much their timelines line up with the general recruiting timeline.

Those are my thoughts, if I were you I'd try to either make the trip earlier, or start making more of an ask regarding their timelines and a summer placement.

 
Oct 18, 2015 - 9:21pm

looks like Mr_Bateman is pretty excited to answer your question.

Imho, it's somewhat late, since the top firms have already begun and finished some of its recruiting, but it's better late than never. Network, and even if it doesn't work out this summer, you can leverage those connections next recruiting season.

 
Oct 18, 2015 - 9:22pm

Couple of days in NYC (Originally Posted: 07/02/2017)

I'm going to be in New York for a couple days and wanted to be proactive. Next summer I hope to intern at a PE firm. Should I reach out to alumni at firms I want to intern at and ask to grab coffee? Would it be too much to ask to shadow them for an afternoon? Any suggestions are greatly appreciated!

 
Oct 18, 2015 - 9:26pm
Only two sources I trust, Glenn Beck and singing woodland creatures.
Start Discussion

Popular Content See all

Girlfriend vs PE
+92PEby Investment Analyst in Private Equity - Growth Equity">Investment Analyst in PE - Growth
I’ll never take WSO for granted again
+53OFFby Principal in Venture Capital">Principal in VC
What's so good about Evercore?
+41IBby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
I'm tired man
+31IBby Intern in Corporate Finance">Intern in CorpFin
First year analyst, still feel incompetent and like I haven’t learned anything
+26IBby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A

Total Avg Compensation

January 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (31) $349
  • Associates (141) $232
  • 3rd+ Year Analyst (18) $155
  • 2nd Year Analyst (87) $152
  • Intern/Summer Associate (90) $144
  • 1st Year Analyst (347) $134
  • Intern/Summer Analyst (298) $83

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.8
6
frgna's picture
frgna
97.6
7
Addinator's picture
Addinator
97.5
8
Edifice's picture
Edifice
97.5
9
NuckFuts's picture
NuckFuts
97.5
10
bolo up's picture
bolo up
97.5