Networking in IB

Question

I keep reading that networking is really important to get an offer or even be considered for a role in IB (especially for people like me that do not come from a target school). However, I imagine that investment bankers are quite busy, so would they really answer my LinkedIn request? What's their benefit of it and are there any other/better ways to make connections of value?

Answer 1

Hey there,

Some companies offer referral bonuses and incentives, so sometimes they would benefit financially if they gave you some of their time. Also, sometimes networking could be as a result of doing a favour to a mutual connection (i.e. leveraging your network to join you with there's).

There could be many reasons that you could craft a benefit, but also some people are just more altruistic in nature

All the best

Answer 2

Surprisingly, lots of analysts and associates on LinkedIn will respond if you keep it short and simple. They’re often happy to help because they’ve also started somewhere sometime. Also, try alumni events or cold emails. Those worked for me too.

Answer 3

Having worked in both investment banking and consulting, I can say the working hours are definitely intense in both w... (read entire answer)

Having worked in both investment banking and consulting, I can say the working hours are definitely intense in both with some differences. In investment banking, expect to work... (read entire answer)