5 Comments
 
Most Helpful

IMO taking an off-cycle internship would be stupid unless you were 90% sure you'd get an offer. Risk-to-reward is not at all in your favor. Those are solid MM names, lateralling when the economy is in a better state is likely easier than converting an off-cycle, is significantly less risky (with MM you've broken in, with an internship you could not convert, and then you're more than a year out of undergrad with no formal way back into the industry potentially in a recession), plus you'll stack more paper which is always nice. 

Not too familiar with off-cycle internships / the reps you'll get / conversion rates so take that all with a grain of salt, but just my two cents.

 

You're describing a shaky economy... that's even more reason to stick with the FT role. Also, there's always the risk of having to go through more interview processes to then land a FT

Also, it won't look good to quit a FT role for:

a) an internship

b) very soon after starting

 

Recusandae autem necessitatibus placeat labore. Modi architecto laborum cupiditate aliquid. Labore natus voluptates non sapiente voluptatem perspiciatis. Velit voluptatem praesentium voluptas tempora id. Dolores molestiae laboriosam quia aut. Magni maxime illo atque ut aut nostrum porro. Voluptate quasi aspernatur asperiores et voluptatem impedit non.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”