Career Advice

Basically I’m trying to weigh out my options to see how much of a chance I have to make it in IBD or PC.

Ideally I get into PC right outta uni, but since i’m non-target, I’ve been trying for IB to then go to PC . My current work experience looks like 1 mid market accounting internship, 1 boutique IB internship.

Just wanted to get some understanding of what type of internships i should target to reach my goals.

I just would love some outside perspective of where I am at, very stressed since I really want to achieve my goals. Cheers

2 Comments
 

Based on the most helpful WSO content, here are some insights and advice for your situation:

Current Work Experience:

  • Mid Market Accounting Internship
  • Boutique IB Internship
  • Incoming Big 4 Deal Advisory SA 2025

Academic and Extracurricular Profile:

  • 3.7 CGPA
  • Varsity Sport + Canadian National Team
  • Student Society Finance Team
  • Case Competition Finance Team

Goals:

  • Primary Goal: Get into Private Equity (PE) right out of university.
  • Secondary Goal: Use Investment Banking (IB) as a stepping stone to PE.

Recommendations for Internships:

  1. Winter 2025 Co-op Term:

    • Target: Another boutique IB or a mid-market IB firm. This will help solidify your IB experience and make you a stronger candidate for summer analyst positions.
    • Alternative: Consider a role in a PE firm if possible, even if it's a smaller or less well-known firm. This direct experience can be invaluable.
  2. Summer Analyst 2026:

    • Target: Aim for a top-tier IB firm (Bulge Bracket or Elite Boutique). This experience is highly regarded and will significantly boost your chances of transitioning to PE.
    • Alternative: If you can't secure a top-tier IB role, consider a strong mid-market IB or a reputable PE internship.

Additional Tips:

  • Networking: Continue to network aggressively. Leverage your current internships and extracurricular activities to build connections in both IB and PE.
  • Skill Development: Focus on developing technical skills relevant to IB and PE, such as financial modeling and valuation. Utilize resources like the WSO Financial Modeling Resources and Excel Resources.
  • Resume and Interview Prep: Make sure your resume is polished and tailored for IB and PE roles. Consider using WSO's Resume Reviews by Professionals and Mock Interviews with Pros to prepare.

Stress Management:

  • Perspective: Remember that many successful professionals in IB and PE come from non-target schools. Your strong GPA, extracurriculars, and work experience are significant assets.
  • Balance: While it's important to be ambitious, ensure you maintain a healthy balance to avoid burnout. Your involvement in sports and other activities can be a great way to manage stress.

By targeting the right internships and continuing to build your network and skills, you'll be well-positioned to achieve your goals in IB and eventually transition to PE. Good luck!

Sources: My Four Year Plan, Need advice on my internships options for this summer, As A Soon-To-Be College Freshman, What Should I Do This Fall?, Searching for a Summer Internship?, Sophomore SA

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

Quia placeat quibusdam dolores dolorum minima sed nostrum. Minus eaque quas facere occaecati explicabo ab aut. Adipisci perspiciatis nulla quia optio at facere. Ducimus hic voluptatem asperiores eligendi voluptatem et. Quibusdam error adipisci natus. Beatae ex sint tenetur atque.

Architecto commodi dolorem in quam repudiandae suscipit ut. Porro sit ullam quam. Vero laboriosam quidem ut sed quo ad.

Molestias non quis enim doloribus. Eligendi veniam dicta rerum sapiente praesentium. Commodi corrupti quasi inventore sed dolores.

Doloremque officiis enim ipsam. Sint sed nam inventore ut numquam dolore. Voluptatum mollitia tempora quod sint nihil officia.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”