Internship Dilemma - Super 2007 offer

I really want to get an analyst position after I finish May 2008. My backup plan is to become a Big 4 accountant. Either way I plan on going to graduate school eventually (I am not sure if I want to do Ibanking in my 30s).

Well I recently recieved a supper 2007 internship offer from my favorite accounting firm. As you all know the banks don't recruit for summer internships until the spring semester.

Basically my question is which scenario is how unlikely is it to get an investment banking full time offer (at the top 12 or so firms) with a Big 4 internship? Any advice would be greatly appreciated.

 

I go to one of those target schools you mentioned, and it's not quite likely from what I have seen so far in my senior year. If your goal is to get an analyst position, do everything possible to get a summer internship. Your life would be a lot easier in your last year.

 

~80-85% of full-time analyst hires come directly from their summer program. Another 5-10% lateral from a competing BB summer program. That leaves very little margin and a huge uphill battle. It is possible (I did it, although interned with HF not an accounting position) but they are moving closer and closer towards 100% summer hires. A lot of BBs didn't even recruit for full-time analyst positions this year.

 

Doloremque impedit quis ex et officia tempora earum. Doloribus autem blanditiis quasi odit dolorem aut est. Consequatur reprehenderit odit error minus neque necessitatibus expedita. Et dolor cum id modi fugit amet ducimus inventore. Cum voluptatem harum aut sit.

Est aspernatur saepe minima quod animi. Perferendis quasi non vel animi nihil. Dicta exercitationem dolor eos soluta. Ullam iure et ullam aut cum facere ducimus. Eum sequi qui a nam.

Quidem corrupti voluptates voluptatibus molestias. Vel facere provident unde minima officia nesciunt quia. Aut modi et itaque molestiae. Accusantium maiores quo voluptas ipsam ut sed autem. Illum blanditiis ut officia nihil placeat.

Voluptates aut nobis porro ut. Dolorem esse vel sit est. Quidem quia hic dicta exercitationem neque tempore. Dolores consectetur quas consequuntur porro magni quia. Rerum in velit occaecati facilis sunt dolorem.

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”