Join TSR now and get all your career questions answeredSign up now

Non-target to summer offer at one of (GS/MS/JPM) - AMA Watch

    • Thread Starter
    Offline

    3
    ReputationRep:
    Was asked to do one of these by a good friend so here I am.

    About myself: I'm currently at a non-target studying economics and have received an offer for an IBD summer analyst position at one of the top tier 1 investment banks (GS/MS/JPM).

    A Level and GCSE grades were both well below average, hence studying at a non-target but feel free to ask any questions and I'll do my best to answer them as best as I can.
    • TSR Support Team
    Online

    19
    ReputationRep:
    (Original post by Breakingbank)
    Was asked to do one of these by a good friend so here I am.

    About myself: I'm currently at a non-target studying economics and have received an offer for an IBD summer analyst position at one of the top tier 1 investment banks (GS/MS/JPM).

    A Level and GCSE grades were both well below average, hence studying at a non-target but feel free to ask any questions and I'll do my best to answer them as best as I can.
    Bump

    Cheers for doing this, and massive congrats on getting to this point! You deserve this a tonne.

    What did it feel like getting the offer?

    Posted from TSR Mobile
    Offline

    2
    ReputationRep:
    First of all, congratulations mate...

    Show's anything is possible.

    1) What would your strongest advice be for undergraduates coming from a non-target?
    Offline

    2
    ReputationRep:
    (Original post by Breakingbank)
    Was asked to do one of these by a good friend so here I am.

    About myself: I'm currently at a non-target studying economics and have received an offer for an IBD summer analyst position at one of the top tier 1 investment banks (GS/MS/JPM).

    A Level and GCSE grades were both well below average, hence studying at a non-target but feel free to ask any questions and I'll do my best to answer them as best as I can.
    Gratz m8,was wondering what you did extra-curricular wise. Must have been something very impressive
    Offline

    21
    ReputationRep:
    Congratulations! Terrific achievement, especially from a non-target.

    1) How much networking did you do? Did you go to a lot of networking events and do you feel that this helps a lot? I've heard that networking is key if from a non-target.
    2) If you manage to convert the internship to a full time offer, are you looking to stay in banking or move into something like private equity or hedge funds?
    3) Did you do any spring weeks? If so, did you get an offer after the spring week or did you apply again for the summer internship?
    • Thread Starter
    Offline

    3
    ReputationRep:
    (Original post by Princepieman)
    Bump

    Cheers for doing this, and massive congrats on getting to this point! You deserve this a tonne.

    What did it feel like getting the offer?

    Posted from TSR Mobile
    Thanks! It was one of the best feelings I've had, knowing everything has finally paid off was just an amazing feeling - it still hasn't sunk in! Can't wait for the summer to begin now!
    (Original post by Aran2121)
    First of all, congratulations mate...

    Show's anything is possible.

    1) What would your strongest advice be for undergraduates coming from a non-target?
    Do not let the fact you're coming from a non-target put you down, during my assessment centres/interviews everyone was from target universities and the occasional students from semi-target universities, which at first made me a little nervous but I was confident I knew my stuff and didn't let their universities or grades intimidate me. Ofc you will have to work 10x harder than those at target and semi-target universities so I advise attending every networking event you can see banks hosting which as we're non-targets means no banks visit us so we will have to make the annoyingly long and expensive trip to London for these events, but I advise going to them all - this is what I did, also sending cold emails out to people I found on LinkedIn although very few replied, and lastly just making sure you ace your applications - I worked quite hard for all my cover letters and application questions/CV so make sure they are very good and no mistakes
    Offline

    18
    ReputationRep:
    Haven't got any questions but well done! And best of luck on the internship
    • Thread Starter
    Offline

    3
    ReputationRep:
    (Original post by samendrag)
    Gratz m8,was wondering what you did extra-curricular wise. Must have been something very impressive
    thanks! EC wise I played for a football team, I was part of the volunteering society and I am also part of the economics & finance society where we have our own trading account
    (Original post by Trapz99)
    Congratulations! Terrific achievement, especially from a non-target.

    1) How much networking did you do? Did you go to a lot of networking events and do you feel that this helps a lot? I've heard that networking is key if from a non-target.
    2) If you manage to convert the internship to a full time offer, are you looking to stay in banking or move into something like private equity or hedge funds?
    3) Did you do any spring weeks? If so, did you get an offer after the spring week or did you apply again for the summer internship?
    thank you!
    1) I networked a huge amount, coming from a non-target means we have 0 banks visit and therefore I had to travel all the way to London which was very time consuming and expensive, had to miss a lot of lectures for these, whenever I saw any bank host one I went to it, sent follow up emails and also sent cold emails through the use of linkedin - I do think networking is helpful as you can relate to it in your cover letters and also "why do you want to work for us" interview questions.
    2) Hmm I would ideally like to stay and accept the conversion offer (If I get one) but I wouldn't close any doors to any headhunters from top funds wanting to chat or interview me, but yeah I would ideally like to stay on for a couple years as an analyst before looking to move to the buyside.
    3)I did do spring weeks yeah! I converted one to a summer internship for IBD, but for the tier 1 offer mentioned in this thread that I have accepted, I applied online to their summer (they rejected me for the spring week funnily enough).
    (Original post by Ladbants)
    Haven't got any questions but well done! And best of luck on the internship
    thank you
    Offline

    2
    ReputationRep:
    (Original post by Breakingbank)
    Thanks! It was one of the best feelings I've had, knowing everything has finally paid off was just an amazing feeling - it still hasn't sunk in! Can't wait for the summer to begin now!


    Do not let the fact you're coming from a non-target put you down, during my assessment centres/interviews everyone was from target universities and the occasional students from semi-target universities, which at first made me a little nervous but I was confident I knew my stuff and didn't let their universities or grades intimidate me. Ofc you will have to work 10x harder than those at target and semi-target universities so I advise attending every networking event you can see banks hosting which as we're non-targets means no banks visit us so we will have to make the annoyingly long and expensive trip to London for these events, but I advise going to them all - this is what I did, also sending cold emails out to people I found on LinkedIn although very few replied, and lastly just making sure you ace your applications - I worked quite hard for all my cover letters and application questions/CV so make sure they are very good and no mistakes
    Many thanks for your informative response man, definitely have motivated me even more, anything is possible.

    Once again, good luck for the internship!
    Offline

    0
    ReputationRep:
    You clearly displayed a lot of motivation, ability and grit to win in the gruelling application process from a non-target - just curious how come you failed at school - why didn't you have the same traits then and what made you change your attitude?
    • Thread Starter
    Offline

    3
    ReputationRep:
    (Original post by signal5)
    You clearly displayed a lot of motivation, ability and grit to win in the gruelling application process from a non-target - just curious how come you failed at school - why didn't you have the same traits then and what made you change your attitude?
    Thanks man, I didn't go to a great school and my mates and I usually skipped class to go play football at the park etc, didn't take it seriously, at the time I didnt really see the importance of it and hence ended up not doing well but then I realised what an idiot I was being and the trajectory of where my life was going so I wanted to make a change which was where I decided to spend a year retaking and worked 10x harder I still didn't achieve the best of grades but it was an improvement and managed to get me into university and on the path where I am today
    Offline

    20
    ReputationRep:
    well deserved ready to grind these nights out?

    q: how efficient are you at excel/ppt currently, and do you plan on practicing beforehand?
    • Thread Starter
    Offline

    3
    ReputationRep:
    (Original post by gr8wizard10)
    well deserved ready to grind these nights out?

    q: how efficient are you at excel/ppt currently, and do you plan on practicing beforehand?
    haha sure am, hoping the free takeouts will keep me going through the night, chinese wednesdays, indian thursdays & pizza fridays, sushi on the weekends

    I would say im adequate, I defo plan on practising beforehand will be hitting up youtube, m&i and wso for excel short cuts etc.. if u had any resources you found useful - hit me up
    Offline

    20
    ReputationRep:
    (Original post by Breakingbank)
    haha sure am, hoping the free takeouts will keep me going through the night, chinese wednesdays, indian thursdays & pizza fridays, sushi on the weekends

    I would say im adequate, I defo plan on practising beforehand will be hitting up youtube, m&i and wso for excel short cuts etc.. if u had any resources you found useful - hit me up
    practice makes perfect.. simply pick a company.. and value it on excel.. trust me after a few.. you're good to go.

    can send you a dcf of a deal i valued recently as a template
    • Thread Starter
    Offline

    3
    ReputationRep:
    (Original post by gr8wizard10)
    practice makes perfect.. simply pick a company.. and value it on excel.. trust me after a few.. you're good to go.

    can send you a dcf of a deal i valued recently as a template
    yeaah that would be good man cheers!
    Offline

    0
    ReputationRep:
    what exactly is networking and how did it help you?
    • Thread Starter
    Offline

    3
    ReputationRep:
    (Original post by liberalluv)
    what exactly is networking and how did it help you?
    networking to me is all about building relationships with existing employees, either via talking about fit foreign girls or discussing their job etc, whatever clicks the convo and makes them like talking to you, sending follow up emails and eventually meeting up for drinks after they finish work

    It helped me as in my cover letters I was able to relate to speaking to the banks employees and meeting up with analysts which confirmed my interest in the bank as I fit in with the people, then again if I was to be invited to an interview when I get asked why do you want to work for us i talk about those networking events, makes you stand out from simply saying generic answers or cover letters and shows you have the motivation and put in the effort to learn about their bank
    Offline

    10
    ReputationRep:
    (Original post by Breakingbank)
    Was asked to do one of these by a good friend so here I am.

    About myself: I'm currently at a non-target studying economics and have received an offer for an IBD summer analyst position at one of the top tier 1 investment banks (GS/MS/JPM).

    A Level and GCSE grades were both well below average, hence studying at a non-target but feel free to ask any questions and I'll do my best to answer them as best as I can.
    Which uni are you coming from?


    Posted from TSR Mobile
    • Thread Starter
    Offline

    3
    ReputationRep:
    (Original post by souman)
    Which uni are you coming from?


    Posted from TSR Mobile
    For the UK it's generally as follows (I believe)

    Target: Cambridge, Imperial, LSE, Oxford, UCL, Warwick

    Semi-target: Bath, Birmingham, Bristol, Cass, Durham, Edinburgh, Exeter, KCL, Manchester, Nottingham, St Andrews, York

    Unless I've missed something out all other UK universities are considered non-targets. In my opinion - my university, despite not being mentioned here, is still a decent reputable university. Would rather not say my specific university purely to keep myself anonymous
    Offline

    0
    ReputationRep:
    Well done. How much did you know about finance and technical stuff when you applied? Were the interviews about competency and about your interests or were there some technical questions like 'how can you value a company'?
 
 
 
Reply
Submit reply
TSR Support Team

We have a brilliant team of more than 60 Support Team members looking after discussions on The Student Room, helping to make it a fun, safe and useful place to hang out.

Updated: November 24, 2016
Poll
Which web browser do you use?
Useful resources

Articles:

Guide to investment bankingGuide to consultancy

Featured recruiter profiles:

Deutsche Bank logo

Deutsche Bank is recruiting

"Thrive in an international banking environment"

Quick link:

Unanswered investment banking and consultancy threads

Groups associated with this forum:

View associated groups

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Quick reply
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.