Ultimate End Goal of Networking?

Hi monkeys,

I have read a lot of threads on networking, but all of these posts never seem to outline the main reason behind networking. I understand that you ultimately want to get an analyst/associate on the phone for an informational 30 minute call. After that, you'd ask them for "advice" with the hopes of getting your resume pushed forward to HR.

Is that the end? Sounds a bit too easy to be true or helpful.

If your analyst/associate does forward your resume, there is a high likelihood you will get an interview (assuming high gpa, relevant internships, target)?

Thank you

 

Thanks for the response. Appreciate it.

Is doing what I listed in the OP enough to ensure this? I'm just not sure...

 

Say the goal is to get an interview. Is a resume push like I described above with a info call enough?

 

It can be. Everyone knows you're reaching out for a job. But the more you can establish a human connection with the person you're talking to, the less transactional it feels -- and the more likely it is that person goes to bat for you (in my experience, at least). Also, an MD pushing your resume carries much more weight than an analyst doing the same.

 

Thanks for the response. I'm actually going to be recruiting for the 2022 cycle, so my plan is to start outreach to smaller boutique PE/IB/AM firms offering sophomore internships right now since I imagine they weren't as hard hit as investment banks were.

Since the recruiting cycle will be over mid-summer for the most part, I plan to start reaching out to BB and other IB individuals towards the end of summer. Hope to get some mentors (via telling them how i'm first gen and no fam in finance) and keep a genuine connection going for a few months until applications open.

Hopefully that helps me grow as a professional and help with interviews.

Is this a solid plan?

Also, I notice analysts reply far more than some senior level people do. Any tips on getting through to them? BTW I'm only contacting alums from my school.

Ty

 
Most Helpful

Vel cupiditate provident accusantium placeat exercitationem. Aut ea repellat necessitatibus velit fugiat.

Pariatur fugiat quod a temporibus. Ratione ea facere dolores maxime. Quaerat aut illo nostrum. Pariatur porro iste totam autem omnis aut. Sed nostrum nihil sint aut quia. Atque dolores velit provident occaecati dolorum et.

Dolores quo dolor quis et in aut. Optio itaque sed et nihil.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
DrApeman's picture
DrApeman
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...”