<p>As the Investment Banking summer internship recruiting season kicks off, I thought we might get together and warm our toes. Maybe we can keep each other motivated and aware of what's going on through this process.</p>
<p>So, who else here is trying to break into the industry?</p>
<p>It doesn’t really start until January/February at most firms.</p>
<p>I’m trying to get into IB…looking for an internship next summer as i enter my senior year. Most interviews don’t start until winter but i’m still really nervous that i won’t get anything since IB is ridiculously competitive :/</p>
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<p>Firms will begin campus presentations soon</p>
<p>Presentations have already started. Some firms have also started resume drops.</p>
<p>Anyone want to compare and offer comments on each others’ resumes?</p>
<p>"Firms will begin campus presentations soon "</p>
<p>Who cares about presentations? I have been to 3 in my entire life and they are all a waste of time. Networking is way overrated. The worst thing about my limited experience at presentations are seeing id1ots who don’t even know what a trader at a sell-side bank does (like the type that says I want to be a trader because I like to invest in value) try to talk about the market…***?</p>
<p>Just do a resume drop if there’s a resume drop. If there isnt one just send it to the campus recruiter. Works like a charm every time and almost never failed for me.</p>
<p>I dont know maybe traders are more meritocratic and direct and don’t buy the kiss assy networking crap ibd seems to rave about because I never felt or had the need to.</p>
<p>bearcats, do you work in Investment Banking now? Do you think that the opinion of networking and company presentations is pretty universal for other IBers you know or is that a personal thing?</p>
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<p>First of all, I’m going to be talking about banking here. Same may not hold true for S&T. But the topic of this thread was banking. Networking is not overrated. All it has to do is work enough times to get you sufficient interviews to land a job. Furthermore, even if it isn’t the driver in getting you an interview, it gives you exposure to the firm and the people who work there, which will both allow you to be more knowledgeable about the firm in an interview and give you a better idea of what it will be like working there.</p>
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<p>Don’t mislead people. Even more so for IB than for S&T, it depends highly on your prior work/summer experience. Emailing resumes if you are unable to drop doesn’t work more often than it does if you don’t have something solid on your resume besides GPA.</p>
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<p>What do you mean you don’t know? Of course trading is more meritocratic. It’s all about how much money you can make for the firm.</p>
<p>OP, he’s going into S&T, not banking.</p>
<p>Yeah, that’s why I was trying to clarify whether he was currently in IBD or not. All of the things bearcat said basically go against all the advice I’ve gathered from M&I anyways.</p>
<p>presentations are definitely a total waste of time. The only company events that I found useful were the company-sponsored happy hour type things…where its more of an informal setting you have a few drinks chat with a few folks from the bank…if you impress them enough there they’ll give you an interview. I landed a few interviews for places I thought I had no chance at by just passing the “airport test” at these type of events.</p>