Applying to both IB and S&T at a bank?

Hi there,

I am currently a junior in college looking at SA's and was wondering if one is able to apply to multiple functions (IB, S&T, AM, etc.) an Investment Bank (GS, MS, JPM, etc.)? Will it be looked down upon that you aren't really focusing towards picking just one you like? I talked to a friend who applied to both IB and S&T at JPM and he said they basically interviewed him for both and they decided which one fit him best (He went into S&T). Does anyone else have experience with applying to multiple different positions at an IB? Also, how does the interview process go down if you were to do this? and Lastly, would a bank know you applied to both the IB and S&T arms?

Thanks in advance for the insight.

21 Comments
 

hey everybody, I'm enrolled in a financial modeling and valuation program, i realized recently that IB is not my thing, and would like to get into S&T, i have some experience in sales and trade currencies sometimes on my own and enjoy that. i would like to know your thoughts on the situation, should i quit the program? is going to be beneficial?should i change career ? Thank you.

 

I did it once and it was fine, I interviewed at that bank. Btw I am in Canada too. However, I would not do it again. Pick one and taylor your cover letter to perfectly fit one of the areas.

 

You probably wont interview twice. They will let you interview for one position if you are lucky. Focus on one application is probably the best advice i can give you.

 
Best Response

might send up some red flags if u get selected for both and accept both. think about this...why would they want to hire you for: 1) IB if u r interviewing for non-IB jobs - especially jobs with much better hrs 2) trading if u r looking at something like IB where u dont live and breathe markets AND 3) how r u going to hide this from them (if they dont pick up on it) especially when u start getting invited to interview receptions or superday cocktail parties and whatnot. 4) ive done similar - IB and ER - and it turned out badly. i ended up getting called by ER to tell me i was rejected from IB post-superday so I could superday interview for ER.

if u want to do both, u have to be pretty crafty.

 

well i'm only applying to IB & S&T, and i feel like i would do well at both. For someone like me who probably wants to do S&T long term, but who feels like the S&T summer internship is dull and would like to do the IB summer analyst work, what's the best way to go about things? I'm sure a lot of people probably apply to both, and some probably to everything... i know i shouldn't have problems getting interviews since they go on campus to interview for both, and I'm really not positive which I want to do yet

 

um if u want to do S+T why wouldnt u do S+T and get an offer or at least relevant experience...u would also have more free time to enjoy urself - i mean if u dont want to do IB post college there isnt really any point in interning there...

 

Ab similique ea nobis est esse. Est repellat dolor architecto minus non magnam. Quam assumenda aut unde et explicabo tenetur. Et temporibus deleniti aut provident omnis vel.

Ipsum omnis qui aperiam ut qui fugit. Deleniti velit quasi explicabo est aut sed velit dolorum. Rerum ad quis sit delectus aliquam quibusdam. Officiis cupiditate sit magnam. Aperiam et magnam qui aspernatur officiis soluta.

Ut blanditiis officia ea porro nihil repellendus. Et quia harum pariatur vel. Voluptatibus sint quibusdam nesciunt.

Nisi omnis debitis sed nihil non. Assumenda voluptates ut cupiditate enim. Est accusantium similique maxime iste odio veniam.

 

Excepturi molestias et ratione natus. Dignissimos consectetur repellendus dolores alias ipsam repudiandae facilis. Sunt repudiandae vel delectus facilis.

Aut perferendis aut odio incidunt non. Quibusdam officia illum voluptas non.

Nihil at ratione cum qui et quos voluptas repellendus. Dolores alias in aliquam nostrum veniam qui ut. Ipsam et eius debitis aut. Nihil et aut omnis provident qui perferendis facere. Delectus omnis voluptatem in. Numquam quo non rem dolores ea dolorem quia. Excepturi consequatur dolor non nesciunt.

Impedit neque consequatur iste amet ipsa. Nostrum dicta autem accusantium est cupiditate impedit praesentium.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”