Too Late for Corporate Banking Out of Undergrad?

I am a junior studying finance and information systems at a non-target. I have a 3.61 GPA and a decent set of extracurriculars. This semester, I am joining a few more finance/professional clubs in order to boost my resume. I have an internship with Big 4 doing risk consulting this summer. I'm grateful for the opportunity but it isn't finance related and I am worried that I won't be able to land a FT Corporate Banking offer at BB in the following summer. I haven't had any financial internships prior so I feel as if I am in a very bad spot for senior recruiting. I can attempt to get a Comm banking internship with Citi but I have to face the reality that I won't receive an interview/offer. Also, I'm pretty sure that if I cancel my summer internship, I could get blacklisted from using my school's job portal but if I get an offer from Citi, I'll take it. I'm planning on taking a modeling course over the summer to boost my skills. Are there any transferable skills coming from B4 ITAA? What else should I do to make myself more desirable?

Thank you

Comments (4)

Feb 21, 2019

Most corporate banking analyst programs are generally reserved for the summer interns (at least at my firm), however, it doesn't hurt trying. You can always transition from commercial banking to corporate banking as the skillset and day-to-day are generally very similar. I've noticed most lateral analysts at our bank either came from commercial banking / external rating agency.

Just read up on credit investing, have a good grasp of a three statement model and be a genuine person. Corporate banking is not rocket science.

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Feb 21, 2019

Thanks for your feedback. If you don't mind me asking; do you currently work for a BB? What resources do you recommend to learn about credit investing?

Feb 21, 2019

My background was commercial banking at a BB out of undergrad (there was no SA program). And transitioned into an international bank in Corporate Banking.

Feb 21, 2019