1st time SA in IBD--What should I be doing between now and June?

I'll be a soph SA at a BB in IBD this summer, and my first internship ever for that matter. My question is what should I be doing right now? I have applied for summer housing at nyu.

My main concern is what I should be doing in terms of group placement. My recruiter said I'll get a form later that will let me select my top choices for groups. I've read around on this forum that people usually try to network in order to get into their desired group. Should I be asking my recruiter to connect me with people right now in order to be put in a favorable group this summer? Thanks for all your input.

6 Comments
 

In no particular order: - Getting laid - Sleeping - Getting wasted and watching grass grow - Watching daytime TV

You'll be missing doing those things once the internship gets into the full swing.

Just my 2c.

__________ Just my 2c.
 
grandpabuzzis there a vault guide for those things lorican?

Yes, I've been studying vigorously :-P

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock

Career Advancement Opportunities

June 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

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 11 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • 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

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...”