How To Get A Job On Wall Street (When You Don't Know Anybody)

Hey monkeys, I'm on a plane from CLT to PHX, and I have wifi, and I'm not in the mood to work on my book. I like giving you guys some of my more thoughtful newsletter articles every once in a while, but I've never directly contributed to the forum. I have a few hours to kill, so I wanted to share my thoughts on how to get a job on Wall Street (which is what we are all here for).

How to Get a Wall Street Job without Connections

It is hard, almost impossible to get a job on Wall Street if you are an outsider. And, if you are in school, and you have no Wall Street experience, you don't know your ass from a hole in the ground, no matter how many books you have read, and you are going to sound like an idiot in an interview. There are no two ways about it. The good news is that many people are in the same boat and will sound like idiots in interviews. The bad news is that some of these people know guys on the inside.

When I started at Lehman, plunked down in the 2001 Associate class, the first thing I realized was that everyone seemed to know each other. Lots of my classmates already knew people at various places in the firm. Partly this was because some of them were interns the summer before, but also, rich kids tend to know other rich kids from the Tri-State area. It's a small community. People know each other. That's a fact, and you can't do anything about it. All you can do is to work on making yourself a more attractive candidate.

So going back to when I was in business school, in 1998 or 1999, I tracked down the one and only guy I knew who was a trader, called him up. He told me that I had no shot and I should just give up. Actually--he did have one piece of advice--he said I was going to need a story on why I wanted to become a trader, and it was going to have to be a good one. Then he hung up, expecting never to hear from me again.

How to Break into WS from a Non-Target School

I went to what you call a very non-target school, and I was fully aware that the bulge-bracket banks didn't recruit there (even the local broker-dealers, like Montgomery or H&Q or Sutro didn't recruit there), so I decided I was going to have to do it the old-fashioned way--by working my way up from the mailroom. Not quite--I got a job as a clerk on the trading floor, fetching coffee and sandwiches and entering in trade tickets and running risk reports.

But then something interesting happened. While I was fetching coffee and sandwiches and entering in trade tickets, I started to learn a lot about options. I mean, I was working on the damn options floor, I was immersed in it. It's like the best way to learn French is just to live in France for a year. So I got really smart about options even though I never had any formal quantitative instruction like the kind people get when they go to University of Chicago. So when I was in that final round interview at Lehman, and the head of interest rate derivatives started asking me options questions, and I got them right, he was stoked because the whiz kids from Wharton never did, because they only had textbook knowledge, not practical knowledge.

Getting the interview was another matter entirely. That was a function of pure aggression, like, cold-calling recruiters, something I don't enjoy.

My intern at The Daily Dirtnap is off looking for jobs this week, in Boston. He is lucky, because I was able to introduce him to people. This makes him an insider, not an outsider, and he doesn't have to work as hard. He's tried on his own. Non-target school, average resume, no chance. But he is gaining experience working for me, and won't sound so dumb in an interview.

There is a life lesson here. It's not a matter of luck. You have to make your own luck. Mailing in a resume is a million to one shot. For every Bieber and Upton "discovered" on YouTube, there are a lot of people sitting at home, waiting for something to happen to them. But nothing happens to you in your apartment. And if you can't get in through the front door, then you get in through the side door or the back door. And sometimes it takes time. Sometimes it takes years of fetching coffee and entering in trade tickets. I think younger people don't understand this. The back office or middle office job can be a huge stepping-stone, even if you have to suffer occasional indignities from bankers or traders. And these days, working at a small or mid-size firm can be just as good, or better, than a BB.

And if all else fails, and you don't get the job, there are a lot of other ways to make a lot of money in this world. You just have to be a little more creative.

Mod Note: Best of WSO, this was originally posted December 2013.

Preparing for Investment Banking Interviews?

The WSO investment banking interview course is designed by countless professionals with real world experience, tailored to people aspiring to break into the industry. This guide will help you learn how to answer these questions and many, many more.

Investment Banking Interview Course Here

Comments (127)

9y 
chimparoo, what's your opinion? Comment below:

I would give you a SB if I had one, thanks for the encouragement :) - back to work

  • 12
9y 
ramadjaffri, what's your opinion? Comment below:
chimparoo:

I would give you a SB if I had one, thanks for the encouragement :) - back to work

Second that.

Fortes fortuna adiuvat.
  • 3
Best Response
9y 
yeahright, what's your opinion? Comment below:

+1

It's only getting harder too.This site makes it difficult for people to realize middle office and back office jobs are great positions out of college, just not the best.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."
  • 19
8y 
roosvelt1984, what's your opinion? Comment below:

"It's only getting harder, too" - true that, in finance. Everywhere else making money is getting easier IF you're creative enough.

5y 
donny_ma, what's your opinion? Comment below:

These are the banks you only want to be in if you want to go to MEGA FUND

Tier1: Evercore, GS,MS, Moelis, Lazard, PJT(maybe)

Tier2: JP, Greenhill, Centerview, PWP

Tier3: cs,baml, Citi

Tier 4: barcap, DB

Shit: UBS, houlihan, Jefferies

  • 1
5y 
faceslappingcompilation, what's your opinion? Comment below:
donny_ma:
These are the banks you only want to be in if you want to go to MEGA FUND

Tier1: Evercore, GS,MS, Moelis, Lazard, PJT(maybe)

Tier2: JP, Greenhill, Centerview, PWP

Tier3: cs,baml, Citi

Tier 4: barcap, DB

Shit: UBS, houlihan, Jefferies

this is not accurate at all...i know an MD group head at one of the Tier 1 firms who came from associate/VP from one of the "shit" firms.

just google it...you're welcome
  • 1
9y 
WallStreetHope, what's your opinion? Comment below:
Jared Dillian:

There is a life lesson here. It's not a matter of luck. You have to make your own luck. Mailing in a resume is a million to one shot. For every Bieber and Upton "discovered" on YouTube, there are a lot of people sitting at home, waiting for something to happen to them. But nothing happens to you in your apartment. And if you can't get in through the front door, then you get in through the side door or the back door. And sometimes it takes time. Sometimes it takes years of fetching coffee and entering in trade tickets. I think younger people don't understand this.

Great. Great. Great.
4y 
JohnGutfreund, what's your opinion? Comment below:
WallStreetHope:
Jared Dillian:

There is a life lesson here. It's not a matter of luck. You have to make your own luck. Mailing in a resume is a million to one shot. For every Bieber and Upton "discovered" on YouTube, there are a lot of people sitting at home, waiting for something to happen to them. But nothing happens to you in your apartment. And if you can't get in through the front door, then you get in through the side door or the back door. And sometimes it takes time. Sometimes it takes years of fetching coffee and entering in trade tickets. I think younger people don't understand this.

Great. Great. Great.
Jared could not have said it better.
9y 
MRCR, what's your opinion? Comment below:

Thanks, Jared. I'm inspired but what about the fact that if you go into middle or back office roles that you can become labelled very easily as a middle or back office person and find it almost impossible to break out of that perception that you're the technology (or operations or accounting) person? This forum is filled with horror stories of people getting labelled and stuck and unable to escape their middle / back office roles after a few years in the industry.

Pigeonholing workers seems to be very intense these days (probably because everyone and their grandmother wants to work on Wall St.) and as someone in grad school trying to break in I've actually avoided applying to any back office roles for fear of the back office trap.

9y 
Jared Dillian, what's your opinion? Comment below:

Anyone I know who went to trade support who wanted to come down to the desk, came down to the desk. The reality is that most people in the back office are perfectly content to stay in the back office. So it's not hard to distinguish yourself.

5y 
mgreene78, what's your opinion? Comment below:

While pigeonholing workers early and harshly to their career detriment is becoming even more and more acute with "specialization to the max" mentality seen everywhere now, the reasoning our friend uses IS also GOOD advice in that its about who you know and can refer you to whomever you have to be fortunate enough to meet for your future success to occur at rate you desire. The more folks you meet, the chances increase. You do have to sell yourself for sure, no one will do it for you unless you are very lucky.

Matthew H. Greene
  • 4
9y 
PeterMullersKeyboard, what's your opinion? Comment below:

Excellent post, and great story. Thanks so much for sharing, it's very encouraging.

"When you stop striving for perfection, you might as well be dead."
9y 
................, what's your opinion? Comment below:

+1. Great advice and encouragement

I would agree with you, but then we'd both be wrong.
  • 1
9y 
JonDoe297, what's your opinion? Comment below:
Jared Dillian:

There is a life lesson here. It's not a matter of luck. You have to make your own luck. Mailing in a resume is a million to one shot. For every Bieber and Upton "discovered" on YouTube, there are a lot of people sitting at home, waiting for something to happen to them. But nothing happens to you in your apartment. And if you can't get in through the front door, then you get in through the side door or the back door. And sometimes it takes time. Sometimes it takes years of fetching coffee and entering in trade tickets. I think younger people don't understand this. The back office or middle office job can be a huge stepping-stone, even if you have to suffer occasional indignities from bankers or traders. And these days, working at a small or mid-size firm can be just as good, or better, than a BB.

And if all else fails, and you don't get the job, there are a lot of other ways to make a lot of money in this world. You just have to be a little more creative.

Cool story! That is similar to what Soros did. He mailed every fund in London until he got a job as a bookkeeper; he proceed to work his way to trader. From there he went into ER. After that he started a HF.

I do have a word of caution. For every Bieber there is a Tebow. Sometimes untalented people seem to succeed effortlessly while extremely talented people flounder. To his credit Bieber is a master marketer. He knows how to manipulate people to his advantage. On the other hand, Tebow is too nice.

What do Bieber Dimon, Walter White have in common that Tebow does not?

http://www.marketwatch.com/story/jamie-dimon-is-wall-streets-chuck-norr…

http://features.blogs.fortune.cnn.com/2012/05/13/jamie-dimon-JPMorgan/

//www.youtube.com/embed/rvemO6DpKPY

"He that hath a beard is more than a youth, and he that hath no beard is less than a man." ― William Shakespeare, Much Ado About Nothing
  • 3
  • 4
9y 
asadzb7, what's your opinion? Comment below:

Thanks for the post. I had a terrible day at work due to our regional manager being very hard on us, my contributions towards my performance exceeded in year 2013 and essentially which led to increase expectations, work in a retail environment, I will def take your advice to break out of it, I do need your suggestion on how to handle this situation where expectations are higher however clear path of promotion is not clear since he would rather keep me because of my performance. Sorry it was bit irrelevant to your original post

  • 1
9y 
BullMkt, what's your opinion? Comment below:

Good post, thanks!

The hills are alive with the sound of horsepower! - Jeremy Clarkson
9y 
DickFuld, what's your opinion? Comment below:

Great advice. This is just the kind of hustle and entrepreneurial spirit we believed in at Lehman. You are doing your part to pay it forward and for that, I deliver you +1 SB.

9y 
vBEARED, what's your opinion? Comment below:

awesome post. best read this week.

  • 1
9y 
huanleshalemei, what's your opinion? Comment below:

Great post, very motivational.

The Auto Show
  • 1
9y 
jl2, what's your opinion? Comment below:

In the 80s ,90s and 2000s,financial engineering shine,moving assets around,restructuring,selling,buying real assets is the place to be,so someone bought sears and kmart and see all these real estate properties which they can sell and make good money,to hell with retailing. Now e commerce rules and we will see plenty of physical bank branches,malls,strip malls for sale and factories? they are old and antiquated and would be demolished. Do we need an army of investment bankers travelling around the country advising ceos what to do? we do,but we dont need more,we need less

  • 2
  • 1
9y 
sillygoose32, what's your opinion? Comment below:

the hustler always wins, end of story! Thank you so much for taking time to share this post and reminds us that the person who wants it the most gets it eventually!!

9y 
WaccaWacca, what's your opinion? Comment below:

Good read, thank you OP.

9y 
jl2, what's your opinion? Comment below:

my,Dick Fuld is here,is that really him?

9y 
Holmes, what's your opinion? Comment below:

I love the post! Honestly, I am from Non-targets with no contacts. We don't take offers, we earn for it.

9y 
jl2, what's your opinion? Comment below:

why even bother to look for a job? Let the job comes to you??

9y 
jl2, what's your opinion? Comment below:

you guys just dont seem to get it. let the job finds you not the other round of you looking for a job. If you can grasp what I am saying,you will be gainfully employed in no time

9y 
EBITDAXYZ, what's your opinion? Comment below:
jl2:

you guys just dont seem to get it.
let the job finds you not the other round of you looking for a job.
If you can grasp what I am saying,you will be gainfully employed in no time

wise man, thank you for your touch of infinite wisdom.

9y 
youngbull5, what's your opinion? Comment below:

great post. very inspiring to someone like me, who is coming from a very non-target. moral of the story is if you want it bad enough, do what you got to do to get there.

  • 3
9y 
JYeung Rutgers, what's your opinion? Comment below:

Much needed inspiration, thanks a lot Jared.

Jason Yeung Rutgers Business School Candidate B.S. in Accounting Candidate B.S. in Economics
9y 
Atl9339, what's your opinion? Comment below:

Have to echo the importance of a good story. Nothing is more of a turn off for me than talking to someone who wants to be in private equity/ finance to make money. A true interest/ passion for the industry shows and and is more important to me than a resume (although it takes a good resume to get in the door usually).

9y 
Pitbull Class, what's your opinion? Comment below:

A lot of people are disappointed when they get nowhere after shooting dozens (or hundreds) of resumes. I think it makes more sense to make yourself useful, develop a niche, and solve a problem to where your utility ranking improves. If your work becomes known and recognized, you'll get a job sooner than later.

Winners bring a bigger bag than you do. I have a degree in meritocracy.
  • 1
5y 
mgreene78, what's your opinion? Comment below:

Like how primary docs make 50K and speciality bimbo docs make 450000? Specialize and do it way better than most others and that's a huge huge assist.

Great article Jared.

Matthew H. Greene
9y 
bar none, what's your opinion? Comment below:

Hey, Jared Dillian. What a great post. I would of gave you bananas if I could. I'm from a non -target school in the northeast. I have been out of school for a couple of years now. I was wondering if you can mentor me. . Ciao

9y 
In The Flesh, what's your opinion? Comment below:

@"Jared Dillian" : Whoa whoa whoa...you're writing another book? Monkey's Review time!

Metal. Music. Life. www.headofmetal.com
9y 
bmcpherson77, what's your opinion? Comment below:

Thanks for this post. I'm from a non-target and it is becoming clear that this will be a pretty steep uphill battle but this insight has been inspirational. Thanks again

  • 1
9y 
TraderDaily, what's your opinion? Comment below:

@bmcpherson77: Was a non-target too but broke into FI - Never think it's not possible.

  • 2
9y 
bmcpherson77, what's your opinion? Comment below:

@TraderDaily : thanks. Just gotta keep the networking train rollin' and keep my eyes open for anything that will give me a leg up.

9y 
Tarique3, what's your opinion? Comment below:

This is an amazing post. Thanks for sharing.

9y 
ws58, what's your opinion? Comment below:

Good job - enjoyed reading your thread. +1

9y 
John Paulson, what's your opinion? Comment below:

Thanks for your post Jared, great thread :)

Money never sleeps.
9y 
Jack-L., what's your opinion? Comment below:

SB+1. Respect from a non-target kid who is trying to break into Wall Street.

9y 
Blanks, what's your opinion? Comment below:

Fantastic read

8y 
Hesiodo, what's your opinion? Comment below:

Excellent Advice.

8y 
Shree, what's your opinion? Comment below:

@"Jared Dillian" Great post!! Thank you

8y 
RE4lyfe, what's your opinion? Comment below:

Great post!

Going to go make my own luck now...

8y 
RE4lyfe, what's your opinion? Comment below:

Great post!

Going to go make my own luck now...

8y 
ccl798284, what's your opinion? Comment below:

As a student from non-target, this post is definitely a great motivation for me. Thank you.

7y 
wilowallstreet, what's your opinion? Comment below:

Someone asked me last weekend how do I get a job in finance, I said it's relatively easy. I'll tell you how I did it and hopefully it will help you on your journey. I came from an EM country, and arrived in the midwest for my undergraduate at Northwestern. I was a Computer Science major, and decided in my fourth year to do Economics also. I didn't know what a Investment Bank was until the January of my graduation year. So given this limited planning and foresight, I made Managing Director at Goldman Sachs at age 34. I'll tell you how I managed to do it.

Step 1: Start reading books, magazines, newspapers to do with finance – choose whichever branch of finance you want to go into and understand the lingo. So for example, since I wanted to do Sales & Trading, I read the Financial Times, the Wall St Journal, Business Week, Forbes, Fortune. Anything I could get my hands on to get the lingo.

Step 2: Find all the movies you can find on the industry, watch those too. All careers are specific tribes, with their own cultures, languages, short hand. You need to learn the lingo before people will take you seriously. You want to sound and look like an insider.

Step 3: Find the opportunities. Talk to friends, talk to family, read the newspapers, look at job websites, look at the websites of the companies you are interested in working for, call your university career office.

Step 4: Learn to write resumes and cover letters. Best way to learn is to see a lot of samples. Build expertise in doing this. Go work in the Career Center if you need to.

Step 5: Learn to interview, the trick to this is just practice, practice. Do lots of practice interviews, do informational interviews, even apply for jobs you don't want. Its important to just get a lot of hours on the board. Figure out your weaknesses, and figure out your strengths. Make sure you highlight your strengths in each interview.

Step 6: If you have done steps 3-5 well, then you will get a few job offers. Don't agree to any offers until you have received them all, then compare what's on the table in a rational manner. These offers are not final, remember there is always room to negotiate. Negotiate. Once you have maximized the opportunity, make a decision.

Step 7: Show up at the job. Remember at the beginning you know close to nothing, so you are being paid to learn. Make sure you learn. Ask questions every day. Find 5 new people to meet everyday. Figure out how to help them.

Step 8: Figure out what drives your boss and your boss's boss. What is important to them, what are their goals, how do they operate. What are they trying to achieve. Once you understand their goals, help them achieve those goals.

Step 9: Keep learning new things, keep reading, keep your eyes open for new opportunities, figure out how to keep your name out there. Keep growing your network. Treat it as a career marathon, not a sprint. Its about staying in the game as long as possible, so make it fun.

Books you must read:

Never eat Alone (Keith Ferrazi)

The Start Up of You (Reid Hoffman)

Influence (Robert Cialdini)

How to Win Friends and Influence People (Dale Carnegie)

Finance is about people, not numbers.

What I Learnt on Wall Street
  • 9
7y 
MisterSuit, what's your opinion? Comment below:

Thanks for the encouragement!, solid Advice!

“You adapt, evolve, compete, or die.” -Paul Tudor Jones
7y 
SrAndrew, what's your opinion? Comment below:

+1 Appreciate the words

7y 
vy9370, what's your opinion? Comment below:

Thanks, Jared. To the point and simple reply to something very complex (at least for the candidates). Though from a target, I have been in the same position as you described for quite some time. Just joined WSO and I occasionally turn to your post on not-so-great days.

  • 1
7y 
chica-fuerte, what's your opinion? Comment below:

Great post, thank you! Same rules apply to people willing to enter large commodity trading firms. You have to know people.

  • 1
7y 
CorfinFP-A, what's your opinion? Comment below:

I really needed to hear this. I am sharpening my skills so when I have the interview for the position that I desire , I will ace it cold.

“Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild Don't be afraid to give up the good to go for the great.-John D. Rockefeller
  • 1
7y 
grand17, what's your opinion? Comment below:

Great post. +1

  • 2
7y 
GreenAttack, what's your opinion? Comment below:

Even though I go to a "target school", I still treat it as if it isn't because nothing is guaranteed. I also don't feel like the school I go to helps me/gets me ahead of other people. Just gotta network my butt off.

7y 
adas.chris, what's your opinion? Comment below:

You will never find this in a textbook. Thanks for the insight, Jared

What about someone from a frontier(not emerging) market? Non-target school from a non-target country. No one bothers to respond on LinkedIn, made over 400 online applications. I have tried to leverage the fact that I'm trading since I was 15, I've got a job as a Portfolio Manager at a local firm to gain some real world experience, enrolled for the CFA L1 exam... but nothing works :D. What should i do? i'd be happy to get my feet toes in.

  • 1
5y 
Pershing ROI, what's your opinion? Comment below:

Hell of a Post!

Hard Truth, but Fair! Humbling, yet Optimistic!

I am going to get my boss some coffee!

"All men are alike in their dreams, and all men are alike in the promises they make. The difference is what they do."— Jean Baptiste Moliere
5y 
Rwfrankenfield1s, what's your opinion? Comment below:

Good morning to potentially anyone reading,

I am curently in my masters of data science and I've been working at building my network of like minded individuals. Where I live, St. Louis, does not have many individuals that are savvy in this area.

Also, I've been trying to work my way into the investment banking industry. Wealth management and investing is a huge interest and hobby of mine. I've been in control of my funds and have been successful for the last 4 years. It's got to the point where I've had friends ask me to manage their money.

I'm a couple of years out of school (undergrad) and have worked with Anhueser Busch as an hr analyst and have now moved on to Wells Fargo as a business systems consultant.

I'm not stuck by any means but some advice from anyone in the investment banking industry would be awesome.

Will my knowledge from my masters of data science give me a leg up with looking for a firm to work for? What should I do or try and go for?

My undergrad isn't finance but business administration with an emphasis in hr. This has made getting noticed for positions I'm interested in tough. That is why I'm going for my masters in data science. I see it as a valuable skill set and that in addition to my analytical mindset, could become a powerful set of skills for me.

Im a straight shooter and have a lot of irons in the fire

Any advice from anybody willing to give this guy some direction would be amazing.

Hearing from a investment banker, broker, or research/equity analyst, etc would be very cool.

  • 2
5y 
TaxHavenFTW, what's your opinion? Comment below:

Attend as many networking events as you possibly can.

5y 
TaxHavenFTW, what's your opinion? Comment below:

This is some great advice. I know a boy whose father started out from the bottom and he didnt go to a target school and he got his masters at around 40 years old but he worked hard now he is the CEO of the biggest local bank in my country.

5y 
Jamie_Diamond, what's your opinion? Comment below:

l0l

What concert costs 45 cents? 50 Cent feat. Nickelback.

5y 
ClemsonBanker, what's your opinion? Comment below:

Take a left at broad street.

"Buy cheap, sell dear" -Graham
  • 2
5y 
realjackryan, what's your opinion? Comment below:

Good Post. Welcome to WSO.

Healthcare Banking is a huge and maybe something to consider. If you can specialize and build a story around an industry that's one good way to break in. What city are you in? That changes things a lot too. And Major LOL @ FAs who think cold calling for minimum wage 39.5 hours/week qualifies as "work in finance" and can be used to pick up chicks.

1) Use new college GPA. The school will provide you a GPA and if they check that is the one that will show up.

2) Right on the money. Network, network, network. 10 emails a day is a good rule of thumb. This should lead to 1 coffee a week, if it's not you're doing something wrong. Mentors are hard to find and may not be extremely useful. That said, I would target retired industry guys from your alma mater, and don't call them you're mentor until about a year into asking them for advice and meeting on a bi-monthly basis

3) WSO is like the "Vouge" of Wall street. The attitudes on this site are hilarious bullshit. You will notice marked differences when you start meeting guys for coffee. Guys in the industry tend to be humble as hell, for many good reasons. This site is full of childish keyboard warriors with extra time. I tend to be one of them.

4) IB is tough, even for people with a foot in the door and a leg up on their competition. If you want to make it in you will have a whole host of losers (by losers I mean people who "lost" by giving in and giving up") who will tell you that you can't. The odds are against you. The bright side is that Wall-street is a meritocracy (some would disagree) but that means that if you are the best, they want you.

Work hard to make yourself the best, and never say die. You can do it if you never take no for an answer and never think that you know enough or are well-enough prepared.

Good luck!

5y 
imaseo, what's your opinion? Comment below:

Go read the Vault guide on Investment Banking and do a ton of research on the industry before you try networking. Otherwise your networking efforts won't be as productive as they could be and people will not refer you to their peers if they feel you are not prepared/don't know anything.

5y 
RosyDollar, what's your opinion? Comment below:

Thank you for this excellent thorough reply realjackryan I just moved back to NYC a few months ago. Right now I'm working on transferring into the best school I can get into given my circumstances so that I have a home base to work on.

In the meantime I'll be reading as much as I can get my hands on. imaseo thanks for the tip. Will do!

5y 
DickFuld, what's your opinion? Comment below:

What do you want to do? Why should anyone hire you over the universe-full of other qualified people? Until you can answer those questions well, you don't have a chance. So, do everything to get those answers.

You also should realize you are competing against people who have been overachieving their whole lives and are younger than you. Getting your bachelor's degree in your late twenties is going to be a big headwind in the overwhelming majority of cases, but you probably already know that.

Honestly 'finance' can mean a million different things, so you might want to think about a few alternatives that seem appealing and you have a chance for. There are a lot of prestige whores in this industry, so just keep that in mind.

Just find a way to get a foot in the door doing something close to what you want to do.

5y 
F. Ro Jo, what's your opinion? Comment below:

this has never been covered on WSO. really breaking new ground here.

5y 
md945, what's your opinion? Comment below:
F. Ro Jo:
this has never been covered on WSO. really breaking new ground here.
thanks for your post tho...
5y 
helloimjayce, what's your opinion? Comment below:
[Comment removed by mod team]
5y 
FLundertow, what's your opinion? Comment below:

Eveniet error velit vel. Dolor aperiam ut aliquid est.

Dolor nemo sed repellendus incidunt. Necessitatibus cupiditate eligendi non cumque.

5y 
SonnyZH, what's your opinion? Comment below:

Consequuntur quia sit voluptate sed delectus numquam. Vitae blanditiis a architecto deleniti id molestiae. Accusantium voluptas et eligendi labore est ea. Nulla culpa maxime incidunt consequatur quia vel.

[quote]The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.[/quote]
5y 
guyfromct, what's your opinion? Comment below:

Dolores qui perferendis iusto. Voluptatem recusandae aliquam culpa. Sed ad architecto sunt repellat et minima omnis. Provident voluptas possimus sequi voluptatem sit eius officiis.

Sequi tempore enim quibusdam exercitationem repellat voluptas eveniet optio. Minus voluptatem reiciendis similique.

Start Discussion

Career Advancement Opportunities

August 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Jefferies & Company 01 99.1%
  • William Blair 13 98.7%
  • Lazard Freres (++) 98.2%
  • Financial Technology Partners 02 97.8%

Overall Employee Satisfaction

August 2023 Investment Banking

  • William Blair 04 99.5%
  • Lincoln International 11 99.1%
  • DC Advisory 05 98.6%
  • Canaccord Genuity 18 98.2%
  • Stephens Inc 11 97.7%

Professional Growth Opportunities

August 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Jefferies & Company 01 99.1%
  • Financial Technology Partners 06 98.7%
  • Lazard Freres 15 98.2%
  • UBS AG 16 97.8%

Total Avg Compensation

August 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (32) $396
  • Associates (154) $260
  • 3rd+ Year Analyst (12) $195
  • 2nd Year Analyst (96) $169
  • 1st Year Analyst (299) $168
  • Intern/Summer Associate (48) $167
  • Intern/Summer Analyst (213) $94
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..."

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..."