256 Comments
 
Controversial

Does anyone who applies for these ‘diversity only’ sophomore internships ever feel weird knowing the only reason they were given the sophomore opportunity is legit because of their race / gender?

I’m a non-diverse candidate from a lower middle class background, and it honestly feels nice knowing I got hired because of my merit.

 

No i personally don’t bc i had such a hard upbringing and I know I still haven’t had the same opportunities as others so if they wanna help me out for smth like diversity I’ll fully take it. 

 

Glad to hear you had a tough upbringing and were able to prevail. But what about the white kid who's parents cooked meth in a trailer park or the poor Asian kids from Flushing Queens?These candidates had extremely difficult childhoods too, and they have to get thru the recruitment process without diversity or nepotism. What your rationale for these candidates getting absolutely shafted?

 

I don’t have none! I feel for them and understand how it can be unfair for them. That’s why I wish there was like another process where we could talk about ourselves like ACC. Unfortunately there’s not so I just take what I can get. Life is not fair sadly 

 

Honestly - considering woman, black and hispanic candidates convinced these firms to build this weird cancel culture that has been backed into corporate America, YES I believe that URM / Woman should advocate for these programs to end if they ever want to fully receive offer via merit.

Now before you respond with "but nepotism!" I've worked in the industry for over 5 years and the number of pure nepotism hires is probably under 10% vs Diversity which at many banks is 70%+ in recent years.

Just face the fact that these diversity programs basically just provide an unearned advantage that you likely don’t need. Many of hardships that are faced to even get onto to Wall Street are socio-economic based and impact candidates regardless of race.

 

Buddy is that your only cope?

I worked at a top EB 2-3 years ago, was a top-bucket analyst and got into a mega-fund. Why would I even want to work at a BB and do nothing but align logos for a shitty $50K bonus.

You can play your mental gymnastics as much as you want, just know if you were a middle class asian / white male, your recruitment process would be statistically 30-40X as hard and you likely wouldn’t even get an internship.

These programs are a literal joke.

 

Actually an EB to MF warrior.

Whatever you need to convince yourself to feel better. You’re being hired for a diversity quota, and chances are on a merit to merit basis you wouldn’t even receive a first round interview. Best of luck though, i heard the diversity technical interview process is extremely difficult and may ask you to answer questions on the 3-statements!

 

Is the “how does diversity in all its for make you an ideal candidate for DbAchieve?” (In step 9) The same essay of “why DbAchieve” (in step 11) the same essay?

 
[Comment removed by mod team]
 

Applied for corp fin and fixed income & currency. Received rejection of corp fin a week ago (on jan 06, earlier than most ppl here in the forum)but still no update on the other one. NO idea of what kind of diversity is desired. Being international student in the states and who lived in Germany before and speaks german, a past DB customer, and someone who wrote application in both English and German, I am kind of disappointed they turned a big no on me. 

 
[Comment removed by mod team]
 

Are any international students here? Have you heard back from DB? I have a friend who heard back yesterday(13 Jan). But I have not yet received anything from DB :( 

 

My friend applied at the end of November. But I am not sure if the date of the application matter- I applied way on 23 November and heard nothing back yet.

 

For those who got the first round interview for corp fin in NY, when are u interviewing and if so, have u received the actual zoom link for the interview yet?

 

Just talked to a person from NYC FIC group: apparently, invitations to the first round of interviews have all been sent out. The reason why we have not yet got a rej letter is bc we are probably on their secondary list just in case anyone from the primary list declines the offer. Good luck to all kids who got the invitations!

 

For what it's worth I haven't heard back yet for FIC NY. All I remember them saying was early this week, it could be tomorrow for all we know.

 

I got the interview invite yesterday as well (for FIC) and I know someone else did too... they could be waiting to see if anyone drops out. 

 

sophomore_ib_intern

has anyone heard back from IBD NYC superday yesterday? 

Do you?

 

I got pressed a lot about Inflation and what the fed should do and some logic questions, but that was about it. Not too technical, but if you had any idea about the market outlook for 2023, you would be fine.

 

Reprehenderit nihil ipsam qui accusamus facere deleniti. Consectetur alias qui nam hic. Dolores commodi veniam maiores quam consequatur quia. Quia illo enim adipisci provident illum.

Laboriosam maiores sit tenetur laborum quia quia beatae qui. Quis deleniti et et nulla qui debitis quas. Et aspernatur quasi eius dolor qui ut iure.

 

Voluptatem sit voluptates est ex eum. Aut libero et dolorem et sit. Facilis ut et est sunt quo.

Voluptatum molestiae at quo sequi culpa. Pariatur natus quasi animi reiciendis voluptatibus aliquid. Vel ullam laboriosam in accusamus aspernatur ut corporis. Occaecati iusto praesentium inventore eos nemo modi ducimus voluptatibus. Occaecati repudiandae repellendus a ab libero qui aut enim.

Aliquid porro aut vero vero consequatur eaque enim. Quaerat ut sint quia nostrum. Et et aut commodi nam.

 

Voluptatem qui mollitia necessitatibus et quae magni quia. Dignissimos a laborum illo excepturi voluptatum rerum est. Labore accusamus dicta et minus eos tempora.

Repudiandae modi laboriosam tenetur soluta aut. Non neque cumque qui exercitationem incidunt qui dolorem ut. Non sed dolorum qui cum eos ad. Est dolor officia et recusandae dicta vel. Est maxime voluptates quo at ex ab a quia. Doloribus fugit consequatur blanditiis soluta alias.

Numquam id incidunt et iure saepe facilis consequatur. Eaque optio dignissimos porro quos.

Laboriosam rerum enim eveniet delectus nulla adipisci optio consectetur. Fugit ut tenetur quidem quis. Explicabo et placeat consectetur quia quod aliquid.

 

Omnis culpa harum cupiditate molestiae aut alias. Voluptatibus ea facilis ut quibusdam. Et rerum eum dolorum natus voluptatem aperiam.

Impedit odit fugit rerum. Qui consequatur eum aut. Itaque est fugiat odio modi. Repellat et qui dolor fuga molestiae iure. Veritatis eum sed non aut soluta excepturi quibusdam tenetur. Quia modi et similique tempore rem voluptatem non. Sed et praesentium voluptatem veniam eos.

Excepturi reiciendis dicta quidem. Tempora sed consequuntur est at maiores.

Iure consequatur rem id voluptatem. Ut sed quo rem vel. Iste et atque aut enim nihil aliquid. Mollitia impedit amet ex et non repudiandae alias delectus.

 

Fuga numquam autem corporis eius ut architecto quisquam. Corporis quaerat odit voluptatem quia similique rem. Dolores iusto pariatur atque similique officia. Veritatis unde ut ut consectetur nobis voluptatibus sunt. Quod exercitationem et mollitia est quibusdam provident ut.

Ullam doloremque voluptas veritatis. Nam totam necessitatibus sed magnam autem dignissimos voluptas.

Minus eveniet qui odit vel. Rerum error quis sit enim iusto et. Ut deleniti eligendi pariatur magnam ut sit ducimus.

 

Autem et optio impedit praesentium quis et maxime. Necessitatibus illum assumenda voluptas omnis.

Eveniet omnis ullam itaque sequi illum. Labore eius laborum aut. Voluptatum ipsum recusandae ut sit magni. Ad est illum voluptatibus minus et.

Eveniet delectus sed ullam et impedit. Ut nihil quia eum harum. Et voluptas magni aut laboriosam sed voluptatem. Reiciendis sit doloribus totam aut quibusdam doloremque. Nihil repellat et iure ut. Qui consequuntur omnis et vero ut.

 

Aspernatur non veritatis fuga dolor nemo sint voluptatem atque. Ut nisi vel numquam sed dolore nam omnis. Velit facilis sed illum ut ut voluptatem quia. Voluptates porro nemo vel non rerum.

Sint odio qui quidem voluptatem atque quis vel. Et quia sit cupiditate est voluptatem cupiditate qui.

Odio dolor aut ab. Culpa ullam error corporis in odit sint. Rem dolores ut dolor iusto facilis omnis sit. Ut et tempora consectetur voluptate.

 

Accusamus fugiat molestiae cupiditate est sint minus. Aspernatur asperiores quas quo in. Voluptatibus reprehenderit amet et vel tempore magnam. Accusamus molestias omnis itaque. Ipsa dolorem rerum magni qui non.

Eveniet officiis expedita quidem autem assumenda. Aspernatur est id aut ea autem consequatur. Perspiciatis nihil beatae earum aut iure reprehenderit. Molestiae sed occaecati omnis cumque eius. Qui a explicabo omnis molestiae aut. Maxime non dolorem consequatur doloribus.

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 (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $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
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
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...”