Full-Time Hail Mary Attempt
Current senior recruiting FT, this probably won't work but:
Is your firm Hiring? Do you know of any banks hiring?
Have sent out probably 200+ emails to boutiques and not one is hiring, there are no real IB apps out there so just wanted to throw a Hail Mary and just ask the wso community. I am set to grad this year but can delay grad / would take even a summer internship in IB if it meant I got a shot at full-time. I am aware this seems desperate and stupid and it probably is but worth a shot.
Thanks in advance.
Bump, good luck brother
bump. Recent grad, openings are scarce
I heard Leerink is hiring. For FT try to find a boutique, otherwise reach out to recruiters or something for laterals after your first year
Thank you for this. Regarding Leerink, their site says they are looking for either a soon to be MSF grad or someone with a bachelor's and 1+ year of experience.
Re Boutique: any that you would recommend targeting or on the flip side avoiding? Would any type of bank make lateraling harder?
They’ll interview a senior if your background is good
Bump.
Bumping for you brother, good luck
Needham and Co in Miami was hiring an analyst, as was Bryant Park Capital in NY. Both are small boutique IBs but can offer a path to lateral to a bigger place. Good luck!
Bump, keep the foot on the pedal, good luck man
bump
good luck bro
Been there before - feels like sh*t but stay persistent in your job search and try to refine any areas of either your technicals or behavioral answers that you think you can improve on.
Be positive and upbeat in your interviews and try not to care too much / overthink on your answers
FMI Capital Advisors is hiring analysts rn I think (Raleigh nc and Denver)
following - same boat
Been in your position, and I can remember how hopeless it seems.
Just off the bat, keep your chin up and don't give up; it will work out eventually.
I am gonna note down some of the thought processes / paths I pursued in my hunt for a full-time. I know this doesn't answer the question you asked, but hoping this provides you with some sort of path forward.
A little background. I went to a non-target, didn't get a return from my S&T internship, and ended up in an MM IB role.
1. I didn't restrict myself to only IB positions. I had a ton of super days from random PE, RE, and AM roles. The point is getting into the industry in any kind of front-office role is what matters. You can always lateral to IB in a few years when the market is hot
2. Look at regional branches (non-NYC essentially) of larger banks. These offices tend to be really small and in non-desirable locations. Networking with just one person can lead to an immediate interview.
For e.g., I networked with an alum who worked at a regional office of a large US bank. He literally scheduled a first and second round for me the same day, and I got moved to a super day for the Friday of the same week.
3. Depending on your financial situation. An MSF could make sense. It helps you recruit again, and if you get into a good program like Vanderbilt or MIT, there is a pretty good chance you will land an IB job.
4. Network like crazy with ALUMNI. I always tell people this: 20+ emails to the right alumni are worth more than 200+ emails to random people. I get about 5-7 networking emails every day. I sometimes respond to random requests. I always respond to kids who go to my school.
5. At this point, you absolutely don't need to be picky about what bank you end up at, but please ensure that if you get an offer at an LMM boutique or a small firm, do your diligence on them. Going to a non-legitimate place will really hurt your career in the long term. It's not my experience but someone I know.
6. College professors are really good sources for opportunities. A professor I am on good terms with sourced 2 first-rounds for me.
7. In the end, it's a numbers game, and you need 1 to stick. I went through ~30 processes throughout 1H of my senior year before I got my offer. Always remember this and keep gunning for the next interview.
I will add more tips if I remember, but feel free to ask me questions if I can help.
Best of Luck!
This is underratedly good advice
Re your point 5, what common red flags in LMM boutiques should one be wary of when diligencing the firm? I’ve seen plenty of ‘meh / ok’ LMM boutiques that do deals mechanically akin to any M&A process, but they aren’t exceptional. Not sure if there’s a fine line between those and the utter garbage that I presume you had in mind here
Thank You!
Hey, I was wondering if I you can PM me as I'm in a very similar background in terms of wanting to make the switch from S&T internship to IB!
Will say if you go the MSF route, just be ready to hit the ground running. Familiar with one of the top programs and not everyone who wants get IB gets it - its a bit of a dog-eat-dog world. Seems a bit more competitive amongst classmates recruiting for the IB analysts spots vs. MBAs looking for summer associate spots.
same boat
Found a couple first year analyst openings that you may or may not have already applied to -
Gugg LevFin NY: https://www.linkedin.com/jobs/view/3747092061
Ducera SF: https://www.linkedin.com/jobs/view/3711767726
Ducera NY: https://www.linkedin.com/jobs/view/3673077756
Apogem PE Richmond: https://www.linkedin.com/jobs/view/3796750246
Five Elms Capital KC: https://www.linkedin.com/jobs/view/3796014779
JPM ECM SF: https://www.linkedin.com/jobs/view/3768650649
P72 Canvas Fundamental Research NY: https://www.linkedin.com/jobs/view/3719118677
- Not IB/PE but an interesting role that I interviewed up to the superday for and would be happy to share any insights with!
Moelis also has a bunch of analyst positions open, I think most of them are experienced analyst positions but there might be something open for you if you look.
Hopefully more entry level roles open up in the coming months. Good luck!
Bump
Bump
Bump. Godspeed
dont be afraid if it takes longer to get the job. It took me 2+ years to get into IB after graduation. but i hit the ground running an did A2A now
Were you working a adjacent role during your search, or did you tough it out until you landed your IB job.
1st year, not even an adjacent role. Then broke into ER and use that to land IB
Thank You all so much for all of the kind words, advice, and job postings. Really means a lot, I will keep grinding.
Bumping for the fellas. Was in your shoes not too long ago myself - keep hounding the street and you’ll find success. You never know who might have an opportunity for you, keep all your lines warm and don’t stop doing outreach
Bump, good luck
bump
Saw TripleTree hiring via Capital One on LinkedIn.
Same boat.
I go through top 30-50 IB, PE, and HF daily it’s fucking awful
I’m about to be in the same predicament, but I am trying not to be, I am a junior at a non target in NYC.
Fenchurch, Solomon are both hiring analysts
You sure? Not seeing either
yeah not seeing this stuff either.
Brother I’m in the same spot as u, ur not alone. Pm if u wanna talk further or go over anything as I’m exploring FT and other options atm
pmed
Bump
bump
Bump
bump
OP here, just wanted to update everyone: I landed a FT IB role. Thank you to all who supported me and gave advice on this thread. To those still looking, keep fighting the good fight, something will land.
Congrats!
Congrats, mind if I PM you and ask about your experience? Similar boat here soon.
congrats!! same as above, can i also PM you haha – still in the recruiting process for FT and would appreciate any help
Any additional details you could share (whether on the recruiting process or the type of bank)? Just want an idea on the types of processes even ongoing right now
To all curious:
It was a boutique firm, found out about the application through someone I had networked with who said that a contact of theirs was hiring.
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