Are sophomores screwed?

With banks reducing their headcount due to COVID-19 and all, are sophomores (c/o 23) screwed for recruiting? Or do you think that things will go back to normal by then? They recruit next summer but will intern the summer after.

11 Comments
 

With already so few intern spots for IB, I feel like a decrease in headcount will make it only very slightly more difficult to get an internship. Just my opinion, no idea if what I'm saying is accurate.

 

no you are not. covid will pass and even if it doesnt, a new norm will have been formed. once stability is restored, deal flow will get back to normal, if not even stronger. absolutely no need to worry about that for class of 2023. 

 

Illo iste tempore necessitatibus aut. Suscipit quibusdam tempora occaecati ut quia distinctio. Aliquid beatae rerum itaque ad minima. Et suscipit id harum repudiandae beatae.

Nihil maxime et saepe earum ut. Molestias hic beatae aut rerum sed maxime ab. Eos corrupti minus qui sed.

Sed provident ipsam quia minus tempora hic. Facere velit cum explicabo excepturi quis inventore dolor. Aspernatur consequuntur officiis odio voluptatum vel.

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...”