When to start?

So, two parts to this thread. I'm hoping to 1) receive some advice on my next steps as an aspiring investment banking analyst and 2) facilitate and start a discussion for younger guys looking to get some tips on what to do. Yes, I know there are PLENTY of threads similar to this, however I think that it'd provide a platform to discuss based on specific situations; bringing me to my own:

For background, I'm a rising sophomore. I'm currently an investment banking summer analyst at a boutique investment bank in my town. It's a position that I actually landed along with two target school rising sophomores (Michigan and NYU students), and I'm a double finance/economics major at a non-target. While my school is rising in the IB department network, it still remains a non-target (on the verge of breaking into the semi-target range).

So, I'm personally curious as to when I should start networking for next summer. I have a list of 400+ contacts from hedge funds, FoF's, private equity firms, investment banks, and equity research firms. Although that seems incredibly broad, I think all experience is good experience. With that being said, considering I'm right next to NYC and in a hedge fund hotbed, I'm wondering as to when I should reach out w/ cold calls/emails for summer 2017 summer analyst positions. Any advice is good advice!

 
Best Response

Officia error maiores vel sed sed dolorem magni. Et nihil explicabo quia quis. Illum amet atque vel deleniti cupiditate.

Ut sequi inventore est omnis corporis at officia. Totam velit consectetur ullam.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
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...”