27 Comments
 

i can try to contact one of the analyst that I worked with but haven't talked in like three years. Does it help if he is working at a different place now?

 

As far as I rememember from my background check, there is a place to note that the company is no longer active. The background check will give you ample room for explanation. Don't worry about it.

 
wsomonkey24there were a lot of VCs that looked but no one committed

classic VC.

assuming no hyper-fictionalizations you should be straight i'd think? . . . VCs have short memories though, they might not be able to recall the company if contacted. But all things equal, if you landed the position you should be good to go.

 

If there is a discrepancy they will bring it to your attention and you must point them in the right direction on who to contact.

I wouldn't worry about it.

alpha currency trader wanna-be
 

The only time they run thorough background checks is if its a for full-time position and sometimes they only do it on high paying ones. I doubt they will waste the money on a summer analyst.

I'm not familiar with the financial services industry but I know for Corporate positions they only do thorough checks on higher level people.

Thorough background checks are VERY expensive and they can veryify everything you've done by running it against the Taxes you've paid and whatnot.

alpha currency trader wanna-be
 
watersignThe only time they run thorough background checks is if its a for full-time position and sometimes they only do it on high paying ones. I doubt they will waste the money on a summer analyst.

I'm not familiar with the financial services industry but I know for Corporate positions they only do thorough checks on higher level people.

Thorough background checks are VERY expensive and they can veryify everything you've done by running it against the Taxes you've paid and whatnot.

I personally know two people who underwent background checks for BB SA positions. One turned up a civil violation he received in his home state, and the other game him a hard time when they couldn't confirm one of the internships he had the summer between HS and College.

Upshot: they will background check you. If you're hired for SA, they are considering you for FT, and they do the background check up front.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 
Sandhurst
watersignThe only time they run thorough background checks is if its a for full-time position and sometimes they only do it on high paying ones. I doubt they will waste the money on a summer analyst.

I'm not familiar with the financial services industry but I know for Corporate positions they only do thorough checks on higher level people.

Thorough background checks are VERY expensive and they can veryify everything you've done by running it against the Taxes you've paid and whatnot.

I personally know two people who underwent background checks for BB SA positions. One turned up a civil violation he received in his home state, and the other game him a hard time when they couldn't confirm one of the internships he had the summer between HS and College.

Upshot: they will background check you. If you're hired for SA, they are considering you for FT, and they do the background check up front.

Ok, so what was the story with your friend who had trouble? Why did he have trouble and what ended up happening?

 
Best Response
PoolSide
Sandhurst
watersignThe only time they run thorough background checks is if its a for full-time position and sometimes they only do it on high paying ones. I doubt they will waste the money on a summer analyst.

I'm not familiar with the financial services industry but I know for Corporate positions they only do thorough checks on higher level people.

Thorough background checks are VERY expensive and they can veryify everything you've done by running it against the Taxes you've paid and whatnot.

I personally know two people who underwent background checks for BB SA positions. One turned up a civil violation he received in his home state, and the other game him a hard time when they couldn't confirm one of the internships he had the summer between HS and College.

Upshot: they will background check you. If you're hired for SA, they are considering you for FT, and they do the background check up front.

Ok, so what was the story with your friend who had trouble? Why did he have trouble and what ended up happening?

I PM'd you with details.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 

They would try to verify that by making a call to the person you shadowed. That's what they did when I got an internship.

 

Nemo repellendus porro eius inventore perferendis ut officia occaecati. Et veniam temporibus quod amet. Esse id rerum quia nesciunt aut. Totam optio et dolorem natus consequuntur. Blanditiis mollitia fuga error natus odio possimus.

Corporis id neque maiores nihil. Vero optio natus voluptas dolor et quia et quidem.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”