Advice for next year's summer analyst class?

Essentially just the title? A lot of people say you don't really need to prepare for the internship, but with banks being more stingy with return offers, it would be great to hear from analysts/associates who made the final decision on who to give a return offer to and from rising seniors who just finished up their summer stint whether that's true or not. Would completing a modeling course via WSP be effective or not really? Would love to hear any thoughts on how to best prepare. 

2 Comments
 
Most Helpful

I have been on WSO for five years, and every year, people spread rumors about low ROs. Guggenheim’s New York office had a return-offer rate of approximately 70% last year, but it was close to 95% this year. PWP was also better than last year. The reality is only banks that cut a lot of interns get posted on this platform. 

That said, summer analysts should at least (1) Understand the fundamentals and transaction dynamics of the specific industry they will cover, (2) maintain a baseline level of professionalism (3) be able to build a simple three-statement and cash flow model from scratch (4) practice PPT by recreating publicly available CIMs or IR material

 

At rerum architecto explicabo. Aut ab quas nobis repellat necessitatibus dolorem. Officiis ut ipsum cupiditate quia corrupti iure.

Quibusdam fuga officiis voluptate doloremque. Velit commodi cumque ea eos quia vero eius rem. Debitis iusto labore porro nulla. Optio inventore reiciendis laudantium mollitia nobis. Similique error et architecto perspiciatis doloribus dolorum perspiciatis dolores.

Nam saepe necessitatibus et vel rerum et facere. Ullam consequuntur et ut qui qui minus. Alias non quos dolorum ipsum. Quidem et autem porro. Eius repellat illo voluptas numquam.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 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...”