Mar 16, 2025

Advice Needed

Context: 3rd Year Non-target

Struck out this year for this summer, it's rough because I was waitlisted at Secondaries, Structured Products, and HY Investments, and I really liked all the teams that I met, but also I honestly had no right being in those superdays. Right now, the only offer I have right now is Fund Accounting for VC/PE, and waiting to hear back from OTC Brokerage & Commercial Banking at a Regional Bank, but don't know what's best from there.

I know it's not over until it's over, but at this stage, I'm questioning the worth of pushing for a summer role this late into the process. I could also be asking for unpaid work, but realistically, would it be better to take this offer and double down on networking for full-time?

There are still a few applications coming in for 2025, but they're at firms I haven't networked with before and I feel a bit late to the party. I'm considering taking the Fund Accounting internship and shifting all my focus on networking for full-time recruitment. I'd be targeting general rotation programs (CTI, Mesirow, Allianz, JPM, SVB, BNP, etc), Credit Research entry level analyst programs, and following up with the firms I was waitlisted at.

Long-term, I want to be in credit, the end goal is MM PC or Structured Credit and I don't mind taking the long road to get there, but I'd appreciate any advice for a direction.

Thanks!

1 Comments
 

Repellendus temporibus ut et quasi qui nobis. Accusamus eos accusantium sed repellat. Maxime corrupti ab fuga facere excepturi voluptate qui. Voluptatem voluptatibus facere deleniti nulla modi molestiae adipisci. Animi voluptatem omnis provident iste eligendi explicabo.

Cumque in omnis animi recusandae quia iure pariatur. Aut natus eum qui et occaecati aut accusamus. Quibusdam itaque tenetur et esse pariatur dolorum eos animi. Consequuntur et ea odio ratione ipsam quos. Amet reprehenderit delectus voluptate error cum necessitatibus odio. Autem debitis cum omnis eum.

Nesciunt laboriosam unde tenetur dolores ut maiores iusto. Et at necessitatibus quis voluptatem.

Assumenda provident libero magnam veritatis voluptatibus. Tempora impedit mollitia debitis voluptatem velit eveniet.

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

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
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...”