How is every last kid going into Investment Banking?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:There are many levels of investment banking. I worked in real estate investing banking. I was a poor Asian immigrant. Lots of unhooked kids get into finance from a top school. I went to Harvard. I knew tons of unhooked kids from Harvard, MIT, Cornell, Columbia, Penn, NYU, etc. I don’t remember nepo kids. The people I knew were all qualified. Of course some of those qualified people had parents who were up there but that is not why someone was hired.

We did have interns and entry level kids who were nepo kids as I became more senior.

Looking back, would you recommend your experience? What do you think you would have done instead if that offer hadn't come through?

I ended up marrying a very smart and driven guy. He makes $$$ and I’m now a SAHM.

I don’t think I was in a hyper competitive environment. I interviewed well. I’m attractive. I had a very high rate of getting interviews and offers. I am naturally smart so I didn’t necessarily have to try that hard.

I saw someone prior post that their kid is studying 10+ hours per day for interviews. I spent an hour before the interview and almost always got an offer.

So if you woke up with a couple of zits on the morning of the interview and was bloated from a night of partying do you think you would still interview well knowing your attractiveness had dropped down quite a few points? You might not have interviewed that well thinking the interviewer was staring at your flaws?

I’m not OP, but I had a similar experience with law firm interviews back in the day.

Part of it is that I just don’t get nervous in these situations. Quite the opposite, actually. The human engagement part lights me up and brings out my best. Plus, I love improv situations - again, super-stimulating for me.

The last piece is that I’m very good at focusing on the positive and leveraging my strengths.

On that note, the type of self-consciousness you describe (about a break-out or the after-effects of a night out) wouldn’t have crossed my mind.

I don’t consider things like that “flaws” because I know that “attractiveness” in these types of situations is about something bigger and more stable.

It’s about a person’s presence - and the complete package of how they show up and engage - more than superficial ideas of perfection.

[Anonymous]

I have two sons, aged 24 and 23, who both attended Ivy League schools and now work in investment banking and venture capital, respectively. Both were recruited athletes, and here’s what they’ve shared with me:

Kids from wealthy families with strong connections generally keep to their own circles—unless you bring something valuable to the table. As recruited athletes with charisma, my sons were the table. Those students wanted to be around them because they were seen as “cool.” Everyone can be smart, but not everyone can be an athlete. Thanks to their athletic backgrounds and the relationships they built with well-connected peers, both of my sons landed internships in investment banking and venture capital. After graduation, those same networks helped them secure full-time roles. My older son is now dating the daughter of a Fortune 100 CEO, while my younger one is still exploring his options—but with plenty of opportunities ahead. According to both of them, wealthy students do not befriend FGLI peers unless there’s something in it for them. It is quite sad but it is the reality.

[Anonymous]

Anonymous wrote:I have two sons, aged 24 and 23, who both attended Ivy League schools and now work in investment banking and venture capital, respectively. Both were recruited athletes, and here’s what they’ve shared with me:

Kids from wealthy families with strong connections generally keep to their own circles—unless you bring something valuable to the table. As recruited athletes with charisma, my sons were the table. Those students wanted to be around them because they were seen as “cool.” Everyone can be smart, but not everyone can be an athlete. Thanks to their athletic backgrounds and the relationships they built with well-connected peers, both of my sons landed internships in investment banking and venture capital. After graduation, those same networks helped them secure full-time roles. My older son is now dating the daughter of a Fortune 100 CEO, while my younger one is still exploring his options—but with plenty of opportunities ahead. According to both of them, wealthy students do not befriend FGLI peers unless there’s something in it for them. It is quite sad but it is the reality.

FGLI kids get in IB MBB all the time.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I have two sons, aged 24 and 23, who both attended Ivy League schools and now work in investment banking and venture capital, respectively. Both were recruited athletes, and here’s what they’ve shared with me:

Kids from wealthy families with strong connections generally keep to their own circles—unless you bring something valuable to the table. As recruited athletes with charisma, my sons were the table. Those students wanted to be around them because they were seen as “cool.” Everyone can be smart, but not everyone can be an athlete. Thanks to their athletic backgrounds and the relationships they built with well-connected peers, both of my sons landed internships in investment banking and venture capital. After graduation, those same networks helped them secure full-time roles. My older son is now dating the daughter of a Fortune 100 CEO, while my younger one is still exploring his options—but with plenty of opportunities ahead. According to both of them, wealthy students do not befriend FGLI peers unless there’s something in it for them. It is quite sad but it is the reality.

FGLI kids get in IB MBB all the time.

Source?