Summer 2024 London

Just wanted to test the waters for how ER summer 2024 (London) is looking and what my chances may be at this point. I study chemical engineering at a semi-target (possible cope), currently work as an engineer in pharma (internship, have worked here before, wasn't successful recruiting for anything more ER related), have over a years experience doing this. If I went into ER i'd love to cover healthcare, but not sure my experience as an engineer in the industry would carry any weight at all in recruiting. My understanding is those in ER from industry have a sciency/PhD background, as this is used to asess the potential success of early stage small molecule portofolios, clinical trial success/potential market access etc.

Thats my work experience as it were.

In terms of extracurricular, I have placed highly in a global investment competition, been an analyst for my school's fund, been an analyst for the finance society following fixed-income markets. Various other leadership positions not related to finance.

I am graduating next year in the summer, so I'm looking at SA positions as FT is out of reach. Are most firms open to taking on graduates for SA, or am I likely to get dinged for this?

I am planning on starting my own coverage/models for big pharma/biotech firms and writing on a substack to help me get better aligned for ER. However I don't want to plow my time into this if I'm too late/a non-compete for SA 2024 or if the coverage/pitches won't help in recruiting. As I mentioned, I work about 50 hours a week, and I am graduating next year so I need to be realistic and applying for positions in B4 Audit, Engineering (I'd say im a top bucket candidate for this so good to fall back on), and similar as I know breaking into ER is unlikely.

I really appreciate any guidance.

1 Comments
 

Dolorum dolorem incidunt molestiae impedit reprehenderit repellendus sapiente. Quibusdam est eum laudantium natus eaque animi. Et tempora aut molestiae et aut. Voluptatum molestiae esse quis aut sunt enim aut.

Est quia laborum est nesciunt dignissimos veritatis repellendus. Harum porro sit quo natus optio. Omnis facere velit occaecati id quia.

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

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”