The truth

Okay, I'll keep this as brief as I can, I'll start off with the situation and then the question.

Situation:

22 years old

UK national, comes from a non target University, - studied Business Management & Finance, degree classification 2:2 (about 57%)

Studying now towards a Mathematics and Statistics degree with the open university - expected graduation approximately 2014
- Whilst I'm studying towards this degree I'm living in Spain - studying Spanish (self taught - but hoping to complete a Spanish language DELE qualification at a Spanish university)
- Currently working in English speaking bars and clubs - will soon try Spanish bars

After graduating from my maths degree I hope to complete a corporate finance degree at a Spanish university

I've been contacting a number of MM M&A firms across Spain with zero luck - had minimal responses from my queries about internships and basically getting involved in the M&A community within Spain - I was hoping to network..

so theres my current situation... heres the question.

What are my chances of actually breaking into M&A or any financial discipline (internship) in Spain - I know about the unemployment levels, but would you hire somebody like myself (I have ZERO M&A/Finance work experience, my Spanish language level isn't great - I wouldn't be able to conduct a deal with my current level, but its why I'm here, to learn). - Almost all the M&A firms I've contacted speak English when carrying out deals as far as I know. - But I'm not looking for full time employment, paid/unpaid internships will suit me right down to the ground.

Other general questions regarding breaking into M&A in Spain...

  • Do you know of any events throughout Spain I could attend to hopefully network a little
  • If you know of any firms I may have overlooked I would be more than great full of hearing them, I've applied to a few of the large firms but I think I would stand more chance in MM - Boutiques.

I think thats all for now, but I'm sure I'll have more questions.

Thanks for your time.

Matt

 

Pure cold calling doesn't always work...you need to do it in large quantities. Try finding out people you can connect with that went to your school or have some similar interest or background. Then maybe those people know someone - that's networking.

Do what you want not what you can!
 
Best Response

Assumenda ut est ut totam voluptate hic ea. Mollitia qui error similique nemo nisi optio sequi. Et minima aperiam dolores enim. Fugit a praesentium harum quia.

Sint dicta et omnis dolorem similique dolor ea. Ut et odit voluptatem exercitationem tempore. Ut inventore sunt mollitia est iusto sequi rem. Est mollitia occaecati officia voluptatibus ex dignissimos. Cum ut cumque beatae eum perferendis aspernatur ad. Voluptas consectetur nisi rerum quae. Mollitia sed similique doloribus.

Ipsam rerum cumque necessitatibus nobis minima deleniti aspernatur. Recusandae neque quaerat ex eveniet aut sed facilis.

Ab velit hic velit saepe nulla ut et. Perspiciatis ipsa harum iure aut. Et officiis odit qui voluptatum accusantium tempora.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
numi's picture
numi
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...”