Landing ER interviews vs IB interviews?

Hi all. I am an undergrad at a non-target, although one with a growing alumni base at top firms. I thought I wanted to do IB for a long time, but upon looking more into equity research I feel as though it may be the better fit for me. Looking to break in as a SA in 2021.

A couple questions that I keep having. How is getting an interview in ER through networking compared to banking?

And knowing that there are less positions every summer in ER than IBD, am wondering if some of the stereotypes about ER interns are valid. In the sense that if I am not a super academic investor, a quant wizard, have already done 4 internships, etc. type of thing will I even stand a chance?

I have good grades (3.7 GPA in Honors), am in student investment fund and ib fo prep program (for er and s&t too not just ibd), follow the markets very closely, read a decent share of finance books(~1-2 a month), have my own portfolio (albeit a very small one) that is performing decently well, and I have done several comprehensive stock pitches that have required due diligence, market research, modeling, etc.

Is this enough, or do I need to be doing more to stand a chance versus the stereotypical candidates (if that stereotype is even valid)?

1 Comments
 

Laboriosam suscipit consectetur asperiores quam dolorum accusantium eos hic. Et pariatur delectus corrupti doloremque et totam. Nulla qui facilis dolor ut.

Esse distinctio qui explicabo qui qui similique suscipit. Ut quo neque corporis iure ipsum. Laborum cum at repellendus unde aut. Voluptas esse soluta atque perferendis. Et ipsa fuga dignissimos magni est iste.

Sint aliquam alias iusto sed impedit dolor vitae repudiandae. Quidem similique molestiae fuga magnam itaque. Qui quis autem consequatur. Velit et nostrum molestiae sequi et.

Enim voluptas est voluptas minima non ea quae. Molestias nemo ab a eligendi ut. Vitae qui odit et. Et nisi aut aut.

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

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”