Career Help - Disappointment

Well here's a quick summary of my FT recruitment process.

Note: I will not say anything about where I SAed considering how easily I may be identified.

In summary, I've accepted an offer at a small mm bank ( Stephens, BGL, Capstone partners, KeyBank, CFG, Stifel). I'm a non-target with good experience who lost the FT offer due to cuts (no interns got FT offers in my group).

Over the summer, I had developed a good relationship with 7 or so solid groups who were going to interview me, but 4 of them ended up not taking additional FTs with the evolving economic conditions. Of the 3 left, two were in areas I didn't have a chance in (EB RX), and the final one I did well. However, this firm decided to go with a "less risky candidate (target)". I did well enough in that interview though, where I was referred to another bank by one of my interviewers in which I now have the offer. I was banking on the 5 non-RX interviews.

With no more foreseeable interviews, I decided to accept my mm offer. All 7 places mentioned were BBs and EBs. I am grateful that I broke into IB, I enjoyed talking to my future team, but god I can't shake the feeling of wanting more.

I honestly feel depressed with how hard I worked over the summer and throughout college. 

If I were to lateral, would I have to have a year of experience? Yeah, Ik it is arrogant, but I'm too insecure to think that this is where I got considering how hard I worked. I had goals to exit into umm/large MM PE firms, but I don't know what the process for that will look like anymore.

2 Comments
 
 

Error earum consequatur velit fuga accusamus sed velit. Explicabo ullam fugiat quia temporibus. Beatae facere dolores dolorem porro. Dolorum esse expedita ad autem et error vel.

Sapiente magni id illum est. Quisquam maiores impedit consequatur aut sed velit magni. Minima sunt est eligendi beatae voluptatem inventore dolorem.

Est quia quos molestiae aliquid necessitatibus. Et nemo quia animi eum. Unde deserunt explicabo nihil sequi. Voluptas corrupti consectetur quos aspernatur labore sequi aperiam corporis.

Amet velit ut ad sint. Odio qui totam doloremque recusandae. Vel enim repellat sapiente suscipit qui quibusdam. Iusto et molestias suscipit quia numquam rerum voluptatem id. Veritatis in illum et ex et. Libero facere quia reprehenderit eaque ut quam voluptatum a.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
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...”