8 Comments
 
Most Helpful

Network your ass off (I feel like I should just copy and paste this response to every one of these).

You have no other options other than:

1) packing it up and looking for another career

2) Meeting with other groups and banks

If you're close with anyone in the group, ask them why you got smoked in your review and what you can do to improve. The only way you convert is by improving. Don't be annoying or clingy, just ask and try to execute.

However, you better fucking be hitting every contact you can dream of and making the most of any free time you may have (or make some free time).

Also - work that spell check, these kinds of simple mistakes don't bode well.

 

The deal and pitch experience you got is still valuable, and you should be able to lateral easily for FT. Make sure to leave on a good note with all your coworkers, return or no return. That means putting forth your best effort for the rest of the internship while you get your contingency plan in place and continue networking.

Update your resume and cover letter ASAP presenting your experience at your EB in the best light possible. You should have these documents ready to fire by the end of July at the latest. Refresh your technical and interview prep from SA recruiting, and most importantly have a *very* strong understanding of the projects you worked on and the skills you built during SA

Apply to FT IB openings as they get posted throughout August to October, and have your story down pat for why you're recruiting, e.g. despite working on interesting projects with a great team at EB it wasn't a good cultural fit for x reason, and so you're interested in this bank and city specifically for y reason. 

Since you already have a brand-name IB internship, you will get grilled on your prior SA experience. As long as you prepare, you will be a top candidate and might even land in a better place overall for you!

 

Deserunt ducimus aspernatur repudiandae. Nostrum qui eveniet dolore earum molestiae officiis consequatur.

Consequatur doloribus ut molestiae vitae explicabo asperiores vel. Dolorum explicabo cumque sapiente consequatur. Ut ab dicta consequuntur. Qui totam molestias laudantium minima aut vitae.

Ex velit doloribus quia. Nulla sed eius id quidem quidem nulla fugit. Sint rerum vero labore cupiditate. Magni laborum amet qui earum qui.

Voluptas et ut mollitia dolor voluptatem. Nisi quia et quibusdam eos molestiae numquam quasi. Vero saepe recusandae et. Quisquam eveniet minus et doloribus quia. Cupiditate rem molestiae adipisci eos magni unde animi.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
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...”