Is it over ?
I am a rising junior and it seems all applications have closed I needed a semester to get my GPA up to a respectable point I understand most recruiting is done but is there even a chance?
I am a rising junior and it seems all applications have closed I needed a semester to get my GPA up to a respectable point I understand most recruiting is done but is there even a chance?
Career Resources
Some banks are reopening applications. Nomura just reopened all their applications outside of IB. Deutsche is known for their fall recruiting. I know a kid that got BMO for 24 summer from last year’s fall recruiting. Still somewhat of a chance, or just turn your efforts into full time recruiting and go insane tryhard mode.
Based on the WSO threads, it's not entirely over for you yet. While it's true that many of the larger banks have likely closed their applications, there are still opportunities you can pursue:
Boutique Banks: These smaller firms often have more flexible recruiting timelines. It's worth checking if any boutique banks are still accepting applications for internships.
Networking: Continue to leverage your network. Reach out to alumni, professors, and professionals in the industry. A strong referral can sometimes open doors that seemed closed.
Alternative Plans: Consider internships in related fields such as asset management, consulting, or corporate finance which can also be valuable experiences and could potentially lead to a transition into investment banking later.
Prepare for Next Cycle: If all else fails, use this time to boost your GPA and strengthen your resume for the next recruiting cycle. Engage in finance-related clubs, competitions, or part-time work to enhance your profile.
Remember, persistence and creativity in your approach can make a significant difference. Keep exploring all possible avenues.
Sources: Rising Junior Losing Hope and In Need of Advice, Ask mbaMission about Business School Admissions, 3.9 GPA from an Ivy League school in a useless major. What are my options?, 2019 Investment Banking Full Time Recruiting - Do I Have a Chance?, Missed the application season this fall, sophomore, are there any boutique bank applications still freshly open?
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