Are banks unaware of sophomore internships?

I'm confused about if bank HR's are unaware that some people have sophomore IB internships or other internships that don't really give you time off. After talking with a bunch of banks about their summer 2019 timelines, some have stated that most of the superdays will be in the summer. I know this is somewhat unprecedented so are they just overlooking conflicts with jobs? Or are they expecting candidates to call in sick days and potentially forfeit return offers? Somewhat of a rant, I know, but just wanted to hear some other perspectives.

7 Comments
 

Just out of curiosity, what do you consider "top talent", and why do banks compete for "top talent", if analysts are not client-facing, like MD's for example, and most of them will be gone in 2yrs anyways?

 

I’m also a student so I’ve never seen recruiting from the employer side but I’m sure IB recruiters would call top talent people who have good grades, went to a target school, have relevant experience/knowledge and are sociable

Edit: also I mean why does any company hustle to get kids who went to good schools, got good grades, have some relevant knowledge already etc (“top talent”) when you don’t need to be that smart or have gone to Yale to do 90% of Jobs

 

Also, most of the interns with sophomore internships at BB's are diversity candidates, and most of the banks have accelerated recruiting for diversity for 2019, with superdays starting end of April / beginning of May, while internships start on June 4th this year.

Chances are that if you're a diversity candidate with an internship for 2018, you will have had most of your SD's before you even start your internship.

AND if you're interviewing with other BB's given that you already have a BB internship, it's pretty obvious that you have no intent to return even if given a return offer lol

 

Corrupti ab facere sunt laudantium reprehenderit exercitationem vel blanditiis. Aperiam qui aut occaecati voluptas voluptatem. Non ut incidunt illo quia et aliquam deleniti nihil. Accusantium iusto sit tempore qui quisquam. Rerum placeat iure quisquam quo.

Molestias enim dolores occaecati eum tempora commodi. Magni perferendis dolores in molestiae nemo inventore. Sit quae quis laboriosam quo.

Magni laborum nihil est illum debitis. Nisi sed error quasi eum voluptas fuga. Perferendis ut distinctio tempora in blanditiis consequatur quidem. Atque pariatur velit voluptatibus omnis quibusdam culpa aut.

Ut voluptatem placeat aut fugiat tenetur. Recusandae nulla excepturi labore laboriosam nisi earum in. Sed corporis ducimus velit voluptatem et. Iure unde maiores quae sapiente nam quam voluptates. Vero facilis placeat mollitia dolores ut.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • 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 99.0%
  • 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 99.0%
  • 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

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
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
numi's picture
numi
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...”