Originally Posted by newinny
Everyone in this forum speaks in angry absolutes.
YOU. WILL. NEVER. BE. IN. INVESTMENT. BANKING.
It is probably tough in your position to get into i-banking but there are definitely ways:
Some top-fifteen business schools are strong feeders into IBD recruiting programs despite a higher acceptance rate (Ross, Darden, Cornell, Vanderbilt, etc.). Landing a job in any field, working hard and showing visible advancement (promotion &/ salary), in addition to a strong GMAT, will land you a spot in one of these schools.
Focus on bulge bracket support groups: risk management, structuring, ARR, operations, treasury, reporting, or even IT. Find an alum in one of these groups and speak to him/her about the recruiting cycle for analysts or just one off positions. Take the CFA or get a night professional degree (i.e. the risk management certificate at NYU) and network through the classes. Live in New York City and wait around for a couple months, eventually you'll land something.
Once within the bank, you could then move to capital markets and finally to IB.
No one said he wouldn't ever get into IB, only that he wouldn't do it now. If he winds up in a top 10-20 MBA program he has a good to decent shot of landing a IB gig as a career switcher. But to do that he first needs to get into an MBA program which requires work experience, which requires a JOB.
Laterally within a BB is one of the biggest mirages ever. For every one guy that succesfully laterals from an ops role to a banking role there are literally hundreds who try and fail. Furthermore, "middle office" work like risk analysis and structuring is probably out of this guy's range right now as well and the middle office is where most transfers happen from. The guy who goes from IT support to IB at GS is a freakin' miracle worker.