Thank you, WSO - IBD position at second-tier bank
First off, I have really really wanted to write this post for almost two years now and to be able to finally write it is fucking awesome.
Secondly, I know that there have been a few posts like this recently, but still I wanted to say thanks to all on this board who gave me help... WSO has been fucking awesome and I definitely could not have made it here without perusing through millions of random threads and. Extra props to guys like captaink, anthony, gekko, comp, etc... invaluable advice.
I had no summer IBD experience and a relatively poor GPA but I managed to get a IBD position in a second-tier bank in NY.
I wanted to mention a few quick things that I picked up as a result of going through this process:
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Be confident in interviews... that's 80% of the battle. Once you realize this you're going to start beasting through interviews.
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Network your heart out. I don't mean email a few guys and half-heartedly respond with a few stupid questions. I mean go out, meet the guys in person, ask for additional contacts, ask for interviews. Be aggressive. I cold emailed over 200 people... and heard back from only a few. The few that I heard back from ended up being great resources and some even helped me land interviews.
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Don't ever give up. I had some of the worst luck ever, but the best thing I did was keep on moving forward and keeping my head up. When I was looking for summer IBD positions, I actually had 4 offers from boutiques. One of them actually rescinded an offer because they lost out on a deal, and I couldn't take the other 3 because they were unpaid and I couldn't afford it and I ended up at a hedge fund instead. Just remember that it's not about where you're at right now, it's about where you end up in the end.
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Buy the interview guides. There's no excuse not to know your shit forward and backward.
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Don't limit yourself. You're not too good for any place. You're not too good for Piper Jaffray or Jeffries regardless of where they are in the league tables, and you bet your ass you better apply to that local boutique you've never heard of. I had to send out hundreds of applications to land a single offer.
Thanks again to everyone on WSO!
Awesome to hear man, congrats. Not sure what I did, but happy I could be of help - come back next year and help some other monkeys out.
Love these posts, congrats man!
congrats man
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god i can't wait to write one of these...congrats!
Great job, great perseverance. Glad to hear WSO could help!
no, thank you for showing us the power of resilience and tenacity
Good inspiration post.
Congrats.
Regards
Well done sir...
noway - you are the man! you mind if I send you a PM? I would like to ask you few questions.
I agree the guys mentioned in the post are freakin awesome. WSO is indeed pretty fookin awesome. Thanks guys!
Congrats!
...
Wall Street Oasis: Single-handedly democratizing Wall Street?
Congrats noway, fantastic accomplishment.
Got to love how all these posts pop up at the end of recruiting season. I'd love to know what % of analysts going into IB next year used WSO as a resource.
congrats man keep it up
Great friggin post noway. There's a lot of gold there.
Great stuff! A recommended post for every job seekers out there.
Congrats! I agree with you.
WSO helps me to land my IB job too
This board is very helpful especially for people like me who come from another part of the globe...
Always great to see someone with your persistence, drive and hunger succeed. Congrats!!
Congrats noway!! Feels awesome doesn't it...
Congrats man - love all around....there has been a shocking number of these posts this year which is great to see.
Have to give props to all the Certified Users again. (note: I keep linking to the Certified User page to remind guys in the industry to get certified so the new chimps know you're legit).
Thanks, Patrick
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