Struggling to Network for Full-Time IB Recruiting
Currently wrapping up my junior year at a semi/mid-target. I only realized I wanted to get into finance towards the end of last school year, which had meant most banks were done recruiting for IB 2024 SA. I was able to secure a capital markets internship for this coming summer at a large balance-sheet bank this summer, but I'm hoping to re-recruit for full-time to work in a more traditional IBD team (industry coverage, M&A, etc).
However, I've had little to no luck as far as cold outreach through email and LinkedIn. Going back to when I started outreach in early April, I've sent out around 2500 emails so far, have gotten only 4 responses, and have been able to get on the phone with 3 of them. I've gotten zero responses from school alumni. I've looked at a very wide range of banks, locations, and IB teams at these banks. I was able to get a decent amount of traction last spring when I was going through the application process for places that still had their IB applications open a bit later, so I thought I at least had an idea of how I should be approaching this, and have some gotten help from my friends who are in the selective finance clubs at my school (I'm not a part of any of these, since they finish their recruiting after sophomore fall/freshman spring).
What could I potentially be doing wrong that has led me to get such a low response rate from my attempts to network? There aren't any great resources at my school for how to go through the full-time IB process since all of it is geared toward sophomores recruiting for their SA the next year. Any general advice as far as how to network for the full-time process, or just the process in general, would be much appreciated.
bump
Might be time to change up the email template
Your email template must be fucking horrendous. Alumni will anwser 50 percent and others 10. Not fucking 4 out of 2500
Do you have any recommendations for email templates I should use? I've been using the general one that they advise for my school's investment banking club, but clearly, that must not be working.
BAM Email Guide. Follow this, got me Top EB out of semi-target.
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