Tough Spot! help!

Hi everyone,

I just created an account a couple of days ago after finding a lot of inspiration and useful information from other posts and comments made on this site. However, I want your honest opinion regarding my situation, which is as follows:

I am a 28-year-old Argentine student, currently about to finish my studies at a top university, here in Argentina.

I know English quite well, I feel I just need to tune it up and perform the TOEFL test just to prove it.

Now comes the hardest part, and that is I know I am in a tough spot, I am about to graduate from a nontarget, non-US, non-English speaking university (even though it is the top university in Latin America, I know this matters little). I know it is a long shot to even land an interview at an investment bank or even a Hedge fund (because i could relocate with no problem), but the reality is that my school is not well known in wall street. And my GPA is not that great.

So I need advice on what would you do in my position. And for your consideration, i was thinking about applying at one of the top banks branches here in Argentina (For example: JP Morgan, GS, AMEX, UBS, HSBC) and then possibly ask for a transfer to ny if i perform well (is this possible?). Also, would it help to work at a consulting firm as a way to build experience, say at McKinsey or BCG here at Buenos Aires?

I think that's what keeps me up at night sometimes. It feels like school prestige is very important in wall street, but are my options too thin? I know there HAS to be a way, I would do anything to start my career in a WS IB, but what I have in my hands, my career and the country I come from, that I cannot change.


Comments (8)

Most Helpful
Sep 19, 2018 - 10:56am

Go on Linkedin and search for school alumni currently working in IB in your country. Do some networking, cold message and reach out to them. I assume you still need someone to push your resume in Latin America's IB recruiting.

If you land an IB gig at your country, save money for a few years and then do an MBA at US. Then you can go for Summer Associate at banks in US. There's a slim chance you could transfer from Latin America office to US.


  • 2
  • Prospect in Other
Sep 19, 2018 - 11:07am

Hi Luketr, thanks for the reply. Regarding the MBA, do you think it could "overshadow" my undergraduate degree? i mean, in the sense that it could maybe weigh more in the eyes of a recruiter?

  • Prospect in Other
Sep 21, 2018 - 12:43am

Hi, thanks for the feedback. That definitely sounds like something i could do. In argentina we have JPM and GS, so there is a chance

Sep 20, 2018 - 8:12am

Either do IB in your country, since you said that your school is the top in your country, you have a good shot there.

Or you can try at the boutique US firms and eventually try to get into the BB firms.

FYI a lot of people go into IB with the eventual exit strategy in mind of going into PE or HF.

If you have a shot, you can also try PE/HF in your country.

Good luck

  • Prospect in Other
Sep 21, 2018 - 12:45am

Regarding exiting IB and going for a HF later on, is this strategy common in the industry? If so, why is that?

Sep 21, 2018 - 1:08am
Start Discussion

Popular Content See all

+139IBby Intern in Corporate Finance">Intern in CorpFin
HELP: Sticky Situation with Boss
+131OFFby 2nd Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 2 in IB-M&A
You Did it Citi
+130OFFby 2nd Year Analyst in Investment Banking - Industry/Coverage">Analyst 2 in IB - Ind
Idgaf anymore
+34IBby 1st Year Analyst in Investment Banking - Industry/Coverage">Analyst 1 in IB - Ind
Anyone else just want out of this shit?
+33IBby 2nd Year Analyst in Investment Banking - Generalist">Analyst 2 in IB - Gen
Evercore Target Schools?
+29BSCHby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
To Snitch or not to Snitch?
+22OFFby 2nd Year Analyst in Investment Banking - Industry/Coverage">Analyst 2 in IB - Ind
tipping point - mental breakdown
+21IBby 1st Year Analyst in Investment Banking - Industry/Coverage">Analyst 1 in IB - Ind

Total Avg Compensation

March 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (31) $349
  • Associates (163) $232
  • 2nd Year Analyst (98) $151
  • Intern/Summer Associate (92) $144
  • 3rd+ Year Analyst (23) $145
  • 1st Year Analyst (370) $131
  • Intern/Summer Analyst (306) $82

Leaderboard See all

LonLonMilk's picture
Jamoldo's picture
Secyh62's picture
CompBanker's picture
redever's picture
Addinator's picture
frgna's picture
NuckFuts's picture
bolo up's picture
bolo up
Edifice's picture