Is it possible for me to land a full-time position in MM investment banking with my background? I have a 3.6 GPA from a non-target school and I haven’t completed a junior summer analyst internship in investment banking.
Here’s a quick summary of my internship experience:
– Corporate Banking Summer Analyst
– Audit Intern at a Big Four firm
– Private Equity Intern at a smaller firm
– FP&A role at a Fortune 500 company
One response
Absolutely, breaking into MM (Middle Market) Investment Banking can be entirely feasible with your background, especially since you have relevant experiences. Here are some points to consider:
Relevant Experience: Your corporate banking and private equity internships are particularly valuable, as they give you insight into financial analysis and client management. Ensure you highlight the skills you gained from these roles in your applications and interviews.
Network: Leverage your connections from your internships or alumni from your school who are in investment banking. Informational interviews can be incredibly helpful in getting your foot in the door and may even lead to referrals.
Target Your Applications: Focus on smaller firms that may value your diverse experience more than larger firms would. Tailor your resume for each application to emphasize transferable skills like financial modeling, analysis, and understanding of financial statements.
Prepare for Interviews: Brush up on technical skills and common interview questions specific to investment banking. Be prepared to discuss how your previous experiences will benefit you in a banking role.
Additional Skills: If time permits, consider taking a financial modeling course or getting familiar with relevant software to strengthen your technical skills.
Persistence: Breaking into IB can be challenging, but many firms value diverse backgrounds and experiences. Keep applying, and don’t lose hope if you face some rejections along the way.
Overall, highlight your unique experiences and skills, and demonstrate your enthusiasm for the role. Good luck!