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    I've got a friend who's just qualifying with an ACA at a Big 4 firm. He's looking to get into IB so was going to apply to off cycle internships and hopefully join a grad scheme in m&a as an analyst
    Is this possible?
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    (Original post by LearnEconomics!)
    I've got a friend who's just qualifying with an ACA at a Big 4 firm. He's looking to get into IB so was going to apply to off cycle internships and hopefully join a grad scheme in m&a as an analyst
    Is this possible?
    Worth noting that he is qualifying from a school leaver program so is only 23 but doesn't have a degree
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    (Original post by LearnEconomics!)
    I've got a friend who's just qualifying with an ACA at a Big 4 firm. He's looking to get into IB so was going to apply to off cycle internships and hopefully join a grad scheme in m&a as an analyst
    Is this possible?
    Your bud should reach out to the corporate finance team at his Big4 firm. It's best to transfer into there so he could amass a bit of deal experience and boost his profile up a bit. If he does manage to make the switch, the next course of action would be to reach out to banking recruiters - a lot of them help place ACA qualifieds into Analyst 2-3 positions.

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    (Original post by Princepieman)
    Your bud should reach out to the corporate finance team at his Big4 firm. It's best to transfer into there so he could amass a bit of deal experience and boost his profile up a bit. If he does manage to make the switch, the next course of action would be to reach out to banking recruiters - a lot of them help place ACA qualifieds into Analyst 2-3 positions.

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    I think that is his plan B if he doesn't get a off cycle internship.

    So are you suggesting his idea to get an internship and convert it to a FT offer is out of reach or is it still possibles?
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    (Original post by LearnEconomics!)
    I think that is his plan B if he doesn't get a off cycle internship.

    So are you suggesting his idea to get an internship and convert it to a FT offer is out of reach or is it still possibles?
    It's possible, but I'm not sure if he'd be eligible for the off cycle internships.. Considering he's been presumably working for the past couple of years.

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    (Original post by Princepieman)
    It's possible, but I'm not sure if he'd be eligible for the off cycle internships.. Considering he's been presumably working for the past couple of years.

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    Yeah he's been working for 5 years. I thought he would be in a good position as surely he is more prepared for work then a graduate
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    (Original post by LearnEconomics!)
    Yeah he's been working for 5 years. I thought he would be in a good position as surely he is more prepared for work then a graduate
    But internship programs are targeted more at under(or post)grad/recent grads with little to no experience.. By all means, he should give it a shot but I'd put more stock into switching to CorpFin then reaching out to recruiters than the off-cycle.

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    (Original post by Princepieman)
    But internship programs are targeted more at under(or post)grad/recent grads with little to no experience.. By all means, he should give it a shot but I'd put more stock into switching to CorpFin then reaching out to recruiters than the off-cycle.

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    So can he not apply to the internships as he's doesn't have an degree but does have ACA. If so seems a bit silly as ACA is more advanced than a degree.
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    (Original post by LearnEconomics!)
    So can he not apply to the internships as he's doesn't have an degree but does have ACA. If so seems a bit silly as ACA is more advanced than a degree.
    Internships are designed for 'pre-experience' degree-level candidates; which, your friend doesn't fall into. You can call it silly but that's effectively what an internship is.

    As I said, there's no harm in applying and he might be able to nab something but if it were me I'd be focusing more on a path that is more appropriate for someone at his stage.

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