Do I even stand a chance at a bulge bracket if I’m not from a target school and don’t have connections?

Question

I’m currently studying at a non-target university , which is decent, but definitely not on the radar of most investment banks. I don’t come from a finance family or have alumni networks, and I’ve been doing all the outreach and prep completely on my own. I’ve cold messaged analysts, attended virtual events, watched hours of technical tutorials, and even built my own mock DCFs just to stay competitive. But the more I look at LinkedIn profiles and online forums, the more I feel like I’m miles behind. Everyone seems to be from Oxbridge, LSE or Ivy League schools with multiple finance internships by their second year.

I’m doing everything I can to close the gap, but I can’t help wondering if I even habe a chance. Are there actually people who’ve made it from a non-target without connections? I don’t mind working harder. I just want to know it’s possible. If anyone here has done it, or is in the same boat, I’d love to hear your story or advice. Thanks so much in advance!

Answer 1

Hey there,

It's completely understandable to feel that way when you see so many profiles from target schools with impressive internships. It can definitely feel like you're facing an uphill battle, but please don't let that discourage you entirely. The truth is, while target school students often have a more direct path and established networks, it's absolutely possible to break into bulge bracket banks from non-target universities without existing connections. Your dedication to cold outreach, attending events, and proactively learning technical skills like DCF modeling speaks volumes about your drive and initiative – those are qualities that banks do value.

Think of it this way: while the path might be less traditional, your hard work and self-motivation can actually make you stand out. Banks are ultimately looking for smart, driven individuals who are eager to learn and contribute. Your efforts to bridge the gap demonstrate exactly that. There are indeed people who have successfully navigated this route by being persistent, strategic in their outreach, and by showcasing their skills and passion for finance in compelling ways. Keep focusing on building your knowledge, refining your networking approach, and highlighting your unique strengths.

Answer 2

Hey,
first of all, yes, you absolutely have a chance! It’s not always easy, but many people have made it into bulge bracket banks without coming from a target school or having connections. The key is to be resourceful and persistent, and it sounds like you’re already doing the right things.

You’re putting in a lot of effort by reaching out, attending virtual events, and building your technical skills. That’s great, but there are a few additional things you could try to help bridge the gap even more. For example, check out finance clubs that aren’t tied to a specific university, many of these are open to anyone and can offer networking opportunities. Also, look at events hosted by other schools and see if you can participate, many are open to non-students or alumni, especially virtual ones. You could also try connecting with other students from non-target schools who are in the same position; building a support network can be helpful and motivate you to push forward.

Recruiting events happen quite regularly, including those hosted directly by banks or external organizations. Even without referrals, attending those events is a great way to meet recruiters and show your commitment.

I’ve found that while connections and referrals can definitely help, you can still break in without them if you prove you’re willing to go the extra mile. It's not always fair, but sometimes, you might need to work a bit harder than others, and that’s okay! The effort you put in will not only help you stand out, but it will also give you valuable experience that you can showcase in your applications.

Stay focused, stay consistent, and keep showing that you’re genuinely motivated to pursue this career. The extra effort you put in will pay off in the long run.

Rita

Answer 3

Hey!

Your situation is definitely challenging, but it’s far from impossible. Many candidates from non-target schools with no initial connections have successfully broken into bulge bracket banks by leveraging persistence, strategic networking, and strong preparation. What really matters is how you position yourself—your skills, your story, and your commitment to learning.

While it’s true that many successful applicants come from well-known universities or have insider connections, banks do value diverse backgrounds and real drive. Cold messaging analysts, attending events, and building your technical knowledge are exactly the right steps. Keep focusing on making genuine connections, tailoring your applications, and sharpening your technical and fit interview skills. With consistent effort, it’s absolutely possible to stand out and get noticed despite the odds. Many who’ve been in your shoes stress that resilience and authenticity go a long way. So keep pushing—you do have a shot.