Does anyone know of firms who hire with no IB experience? Seems like every position, even entry level, says 1-3 years of prior experience. I’m currently a SFA with 2 years of experience and have a good bit of financial modeling practice. Hoping to break into IB but unsure where to look.

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Won’t get into IB unless you get an MBA from a top 10 school and somehow get into corporate dev for a few years

helpful

Ultimately your easiest path is to do an MBA. You may be able to network your way into a MMIB/boutique if you have an incredible skillset/network but it won’t be in NYC, Chicago or a HCOL.

In today’s climate the latter is highly unlikely.

MBA from a top program. Do IB recruiting in the fall. That’s your only direct route at this stage.

Ditto on what others are saying. We aren’t hiring and if we were, would not be taking chances on people outside of IB. Go MBA route. I’d argue that it doesn’t need to be top 10, but should be under top 20/25. The better ranked programs will give you access to brand name banks and much cleaner recruiting processes, though. By the time you graduate the market should be better

Thanks for all the replies, I’ll look into the MBA route and see what my options are. Hoping the market will slowly start improving but going through the program should buy some time in that aspect as mentioned above.

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