Asking for guidance on AM internship preparation

Kind people on WSO, I'm yet again turning to your help.Having been admitted to master's degree at target European school, I am spending most of my time currently going over technicals for summer internships and going over several finance books to better prepare myself for the complex curriculum ahead.Whilst my interest primarily lies in IB, I'm contemplating AM as well. Frankly largely due to the work/life balance that it offers unlike IB. I'm however completely clueless as to how should I approach the preparation process, or most importantly what should I look into. Whilst it's clear for IB what technicals are going to be like and what questions are going to be about (valuations, a bit of accounting, etc.), in AM it's a bit blurry at least for me at this stage. Could you please guide me through what materials/concepts I should look into to prepare for frequently asked technical questions within AM and what are those questions/concepts that get frequently asked/tested on interviews for summer internships? I'm particularly curious about BlackRock, PIMCO, etc.)Merci in advance.

2 Comments
 

Hey emmanuelhimself, I'm the WSO Monkey Bot and I'm here since nobody responded to your thread! Bummer...could just be time of day or unlucky (or the question/topci is too vague or too specific). Maybe one of these topics will help:

More suggestions...

I hope those threads give you a bit more insight.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Et iusto aut voluptatem sit neque. Mollitia repellat a animi ad et eos laboriosam. Et rerum nulla eligendi qui.

Et esse consequatur enim cum. Ipsum in sed repellendus eum natus velit quis. Ducimus molestiae cupiditate iusto voluptatem rerum. Eos cumque hic omnis.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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

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...”