WHAT YOU CAN DO TO FIND OUT
RESEARCH - WHAT YOU CAN DO TO FIND OUT IF YOU HAVE OR WANT TO DEVELOP THESE QUALITIES
Do your homework
Understand what investment banking is and what an associate does so that you can decide if it is really for you - one
recent grad says, "It ain't all fun and games."
Understanding the different firms so that you can choose well (and be chosen well) - focus on the places where you fit
best and go after those firms.
At the CDO, Wet Feet Press and The Vault Reports are invaluable. They are on reserve in the library, but also see their
See other Resources in the Appendix
Enroll in applicable courses and do well
At SOM, almost all finance and accounting courses are applicable. Strategy courses are also relevant.
Try to do well in finance and accounting.
Join the Finance SIG
This will help you to both make contacts with second years, learn more about what investment is and what a banker
does, and help you to learn the differences between the banks.
Most large financial services firms have teams focused on recruiting at SOM (usually SOM alumni).
They 'track' each interaction they have with each candidate in a master database, noting the questions the student asks
and the overall impression the student made.
Your preliminary work is to meet as many people at the firms you are interested in so you can make their 'closed'
interview list. Each firm will receive dozens or hundreds more resumes than they can interview. You need to make
yourself known to the bank to ensure you earn an interview spot. All of your work up to and including the submission
of resumes & cover letters in December is to make the closed- list
Once you get the interview, the game resets, and your performance in the
interview will determine whether or not you get the job
Start thinking about your "story". Do not underestimate the importance of your story - potential employers want to
know exactly what you are interested in and the steps you have taken to get there
Even if you don't have an airtight "story," make sure you can create one that is supported by your resume
You need to convincingly explain why you want this job, why your background will help you succeed at it, and why
you want to work at this firm. "I want to try it out" is a sure way to get dinged.
Attend internship panels and other events sponsored by the Finance SIG
Run your resumes by second years you trust
Attend employer presentations
**It is critical to make a few key contacts at the firms you are targeting; follow up initial meetings with emails and phone calls**
These people will often become your advocates within the firms
It can be hard to get much time with the recruiting team when they are surrounded by dozens of students each trying to
get airtime at these cocktail receptions. Just listening to them can be very effective if you get their business card.
Follow-up with a concise email and ask your questions then. Assume they will save your emails in their database. If
you are not sure what to ask about, just listen to the questions your classmates ask until you begin to develop your own
understanding of the industry.
Continue to attend employer presentations
Keep in touch with contacts/establish new ones: alumni are your best bet; ask the recruiters to put you in contact with
alumni in a department that you are interested in. Bankers are busy people. Alumni will usually take the time to get
back to you and share their experiences. Use each conversation as a way to refine your story.
Begin to research the firms you are interested in; forming a team to divide this task is a great idea. A team of 4 to 8 can
be very effective if each member takes responsibility for researching 2 or 3 firms.
Attend Days on the Job sponsored by the Finance SIG; again, meet as many professionals as possible. Follow-up with
emails & thank you notes, where appropriate
Submit resumes & cover letters to the firms you are interested in. If you are a career switcher, cast a wide net and
submit resumes to as many firms in your chosen industry as possible. You probably won't get selected to interview for
all of them.
Participate in mock interviews
Once you have been selected for interviews, mock interviewing is the most important preparation you can have. Mock
interview each other repeatedly within your team or with other students. On interview day, you may have five to ten
interviews in one day. Prepare, prepare, prepare. That many interviews in one day gets tiring.
Review possible interview questions
Follow-up interviews with thank you cards to your interviewers - especially important for the firm you are joining, but
generally good practice to develop good will. You may be interviewing with these same people next year.