With Houston being a major hub for the energy industry, there are ample opportunities for investment banking jobs in the city. Major banks like Goldman Sachs, Morgan Stanley, and JPMorgan Chase have a strong presence looking to hire top talent. However, the competition is fierce as students from target schools flood Houston every recruiting season. Here are some tips on how to land a coveted Houston investment banking job without a target school resume.
Network extensively and utilize alumni connections
Since Houston investment banks focus heavily on target schools, networking is crucial to get a foot in the door. Reach out early to alumni at your desired bank offices, asking for informational interviews and resume advice. Attend local Houston networking events or join Houston investment banking social media groups to expand your network. Through persistent networking, you can find an internal advocate to refer you despite the non-target background.
Highlight interest and commitment to Houston specifically
Houston investment banks want candidates who are passionate about the city long-term. Emphasize any Texas ties you have and your enthusiasm for Houston in your resume, interviews, and networking pitches. Be prepared to speak in-depth about your motivation to start your career there. Convey that you’ve done thorough research on Houston firms and city life. Consider visiting Houston beforehand to demonstrate your sincere interest.
Get relevant experience prior to recruiting season
Since you’ll be competing with target school students, make your resume stand out by gaining applicable experience beforehand. Take related coursework in accounting, financial modeling, business valuation. Complete an internship or externship, even if unpaid, at a financial services firm or startup. Join an investing club and take on leadership roles. This demonstrates your commitment to a finance career and develops technical skills to ace interviews.
Apply early and follow up relentlessly
Houston investment banks start recruiting up to a year in advance. Submit your application as soon as possible to get ahead. After applying, continue following up with key contacts through email, LinkedIn and phone. Ask for feedback on your candidacy and convey your strong interest. With such a tight timeline, persistence is necessary to advance despite the competitive applicant pool.
While securing a Houston investment banking job without a target school resume presents challenges, proper preparation and persistence in networking can distinguish your candidacy. Highlight your Texas/Houston ties, relevant experience and sincere passion for the opportunity and city.