sefago

you guys are weird

bcp05

i think a lot of people on this thread have confused investment banking (in the traditional sense) with sales/trading...

krazyk

this argument is pretty much over. laxattack got blown the **** away.

that said, anyone have any advice in how a non-top-20 undergraduate gets even an interview at one of the bulge brackets?

i may have an offer to intern at jesup & lamont, a small boutique, but it is non-paying and i cannot swallow the fact that there will be interns making $1000 a week while i am spitting cash out of my ass to pay for my own rent and living necessities.

aworldapart

Alumni network. That was without a doubt the most useful resource for me landing a BB gig this summer. I'd be cleaning pools if the alums didn't help me out.

Working at a boutique is not such a bad idea and working for free shows a lot about your character. Value experience over compensation. Be long term greedy. All those adages are true, especially in investment banking. Just make sure that the work you're going to be doing is relevant to finance and not mere grunt work like getting coffee or printing paper. You want the boutique experience to allow you to work with senior bankers and develop your modeling skills.

GoGetta09

Laxattack, you've worked as a summer analyst...what makes you think you know it all after 2 months worth of work?

ijreinsn

1) i don't think laxattack has worked as a summer analyst given that he has just transfered to ucla from community college months ago.

2) **** you to whoever says ucla does not get recruited. i have interviewed at lazard, deutsche, houlihan, moelis, etc for first round interviews. made it to second rounds for seo and goldman pwm sa. working at one of those companies i interviewed at first rounds this summer. by the way, i am a sophomore.

LaxAttack09

1) Yes I came from a CC, before that I also went to a school on par with HYP (which I used to get a SA position). Yes I've worked as a summer analyst. If I didn't I'd say so, I did.


2) UCLA is not a target (case in point, I guarantee you didn't do OCI for GS, Lazard, Deutsche in their NYC offices). Doesn't mean you can't get NYC IB from there (the only IB that really matters) but it's going to be harder than from targets.

3) Networking > School when it comes to getting jobs/internships. Learn to network and you can make up for any school you go to.

PM me who interviewed you at Deutsche...you may have got a certain question if you have the same guy as me, you'll know the question if you had it.

aworldapart

^Huh? You graduated from high school, went to an HYP-caliber school, transferred to a community college, and then transferred to UCLA?

LaxAttack09

Yes (10 char). For UC transfers it's much easier to get in from a CC than out of state, hence why I went to CC. Plus it's in-state so I save on $.