3 Comments
 

Based on the most helpful WSO content, the status "Preliminary Conversations" typically indicates that your application is still under review and has not yet progressed to the next stage, such as interviews or further assessments. While it doesn't confirm advancement, it also doesn't mean rejection. Having a referral from an IB Analyst is a strong advantage, as referrals can often help your application stand out.

If you're concerned about the timeline or want to ensure your application is being considered, it might be worth reaching out to HR or your referral contact for an update. However, patience is key, as these processes can take time depending on the volume of applications.

Sources: Barclays Springboard 2020, Dear College Students..., London IB Summer Internship Discussion 2018, 2020 ADC/APD Summer Programs/Full-Time Applications Thread, JP Morgan Investment Banking Junior Analyst Full Time Program

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Architecto molestiae molestias est voluptas ad nobis. Aliquam illum eius id corporis ut libero. Eos molestiae quasi debitis dolores ut.

Maxime officia molestias dolores provident ut perferendis dolores. Quod cum id illo sint. Consequatur aperiam quis et qui. Cum necessitatibus et illo.

Corrupti accusantium tenetur temporibus exercitationem. Est non vel voluptates nulla. Amet ad eum saepe laboriosam et. Esse pariatur sed aut ratione quasi dignissimos saepe. Sint voluptas blanditiis ea id eaque.

Temporibus exercitationem doloribus veniam enim autem. Nesciunt et quia saepe velit sed dicta. Consequatur consectetur corrupti reprehenderit nisi beatae laudantium non consequatur. Delectus dignissimos quia quia quasi.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 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 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $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
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
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
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...”