West Coast School to NYC IB

I'm currently a freshman at a West coast non-target/semi-target and I was wondering how I would go about networking for an analyst role in the city for 2021. Would phone networking be fine for alumni in the city or should I set aside some of next year's winter break for coffee chats?

 
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Depends on your school. I don't work in IB, but I have friends who do and have gone to various schools that match your description. If you're in Washington then idk. If you're in SoCal read further: If you're coming from USC, UCLA, Claremont McKenna/ CalTech/ Pomona/ one of those small ass schools that are super difficult to get into then you have a strong alumni association in IB. If you go to UCSB, UCSD, or UCI then you have alumni as well, albeit not that common. Definitely possible though. Even CSUF and CSULA have had people break into IB- those are those 4.0 with full time work non target underdog stories you hear about. My point being anything is possible. Although this doesn't exactly answer your question of how- just know it's doable.

As for how- I'm not in IB. But networking is networking nonetheless. Google and LinkedIn should be your best friends. Finding emails may be difficult, but cold emailing can be very effective. Coffee meetings/ phone calls are the goal. Also, Houlihan Lokey is based out of Century City.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

I'm in NorCal and my school isn't really well known in IB but there's some people in IB and a lot of students are wealthy so maybe I can use that to my advantage. But yeah, there's maybe like 5-10 people at BB's from my school in NYC, most being VP's or MD's, so I'll start there when the time comes.

 

Hi Boi,

With regards to your question, coffee chats are better as people can better remember you, as long as you can hold a 15-30 minutes long conversation. I have friends who tried to grab coffee with bankers, but he had a hard time to find topics to talk and the conversation turned to be awkward. In your case, as you described, you don't have a lot of alumni, so even 1 bad conversation will be a big loss. You can try phone chat with them first, and after several weeks/months you can send a follow-up email saying "I am coming to NY this week i am wondering if you have some time to grab some coffee with me" 1 phone+1 coffee will definitely let them remember you.

Some additional points I want to share (if you don't like it you can skip the following part): 1. As you are a freshman, I will recommend you to transfer. I have friends transferring from UCSD to Cornell and from UCD to USC. Being in a target/semi-target school brings more benefits than what you might think. For example, this year RBC opens a new office in LA and want to hire more people, probably only people from UCLA and USC know this opportunity (although transferring to UCLA or Cal is not the best idea) 2. You should also try to network in bay area and LA. I know probably you might have strong preference for NYC, but it would be easier for you to get into SF office(and probably transfer to NY office after summer/2years). It is always better to have a “backup plan”(even breaking into SF is the dream for many, many kids)

Merry Christmas.

 

Merry Christmas,

Thanks for the advice, I'll definitely be using that when networking. Also, when is it appropriate to give my resume to them, after the coffee chat, if it goes well?

As to your transfer point, when I decided to go here I had thought about transferring but I've had great experiences and also met a good amount of people who are going to work in BB IB this upcoming year, so it's definitely possible.

Yeah, I'm definitely going to network here as well as the Bay is where our network is strongest and an offer in SF is better than no offer at all. Also how would you transfer to the NY office if, let's say, you were at the SF office?

Thanks

 

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