High School Senior aiming for high finance

Im a high school senior and I’ll be attending a university that has a relatively decent track record of placement into IB, but is still a non-target. I am trying to make it somewhere into high finance after undergrad (looking at IB, Consulting, VC). What should I be doing right now to give myself a leg up against my peers, especially since I’m going to a non-target school. Also, if anyone has some advice on which I should focus on and pursue that would be great.

 

Ahoy, future finance maven! As you're gearing up to dive into the world of high finance from a non-target school, here's a treasure map to help you navigate these waters. Remember, being at a non-target school is just a part of the journey, not the destination. Let's chart your course:

  1. Join Finance-Related Clubs: As soon as you set foot on campus, join clubs related to finance, investment banking, or consulting. This is your first step to not only learn but also network with peers who share your interests. Clubs often bring in guest speakers, host workshops, and provide networking opportunities that are gold mines for ambitious students like yourself.

  2. Network, Network, Network: Start building your network early. Attend events at your university and try to attend events at target schools if possible. LinkedIn is your friend here. Connect with alumni from your university who are in IB, Consulting, or VC. Be curious, ask for advice, and if possible, seek mentorship. Remember, a genuine connection is more valuable than a quick ask for a referral.

  3. Secure Internships Early: Aim to get internships as early as your freshman summer. They might not be directly in IB or VC, but anything related to finance or your areas of interest will be beneficial. These early experiences are stepping stones and great talking points for your next big opportunity.

  4. Excel Academically: Keep your grades up. A strong GPA is a signal of your work ethic and intelligence, both of which are highly valued in high finance. It can also help you stand out when competing against candidates from target schools.

  5. Learn the Technicals: Start familiarizing yourself with financial modeling, valuation techniques, and the basics of investment banking and consulting frameworks. There are plenty of resources online, including courses on Wall Street Oasis, that can give you a solid foundation.

  6. Consider Transfer Options: While this isn't necessary, if you feel that transferring to a target school could significantly impact your career trajectory, it's something to consider. However, many have made it from non-targets to top firms, so weigh this option carefully.

  7. Develop a Personal Pitch: Be able to articulate why you're interested in IB, Consulting, or VC, and how your experiences (academic and extracurricular) have prepared you for this path. This pitch will be invaluable in networking events, interviews, and casual conversations.

As for which path to focus on (IB, Consulting, VC), it largely depends on your interests and strengths. Investment Banking offers a deep dive into financial analysis and deal-making. Consulting provides a broader view of business problems and strategic solutions across industries. Venture Capital is more about evaluating startups and growth opportunities, often requiring a blend of financial acumen and market intuition.

Explore each through clubs, courses, and conversations with professionals in the field. Your interests might evolve, and that's perfectly fine. The key is to remain open, curious, and proactive in your pursuit.

Remember, the path to high finance is not linear. It's filled with learning, networking, and, yes, a bit of serendipity. Keep your compass pointed towards your goals, and don't be afraid to navigate through uncharted waters. The experiences you'll gain are what will truly set you apart. Good luck, and may the winds be ever in your favor!

Sources: Stand Out as a Non-Target: The Interview (Part 2 of 4), Undergrads: Non-finance, non-target, not a problem. 5 Steps to get you started., Stand Out as a Non-Target: Recruiting (Part 1 of 4), How can I become successful from a no-name school?, An old man looking for advice

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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