ER SA to IB FT (2027 Grad)?

Hi all,

I’m currently set to intern in ER for Summer 2026 at a well-regarded firm (think EVR ISI, JPM, BofA, or MS). While I’m excited for the opportunity, I’ve been reflecting more on long-term career goals, particularly breaking into VC, and I’m starting to feel that IB would offer a stronger foundation for that path (and also offer more room for different exit opps). I did explore IB for 2026 but unfortunately made the common mistake of not networking early or strongly enough, so I ended up accepting ER.

From my research, I understand that transitioning from ER to IB full-time isn’t common. It seems like most either:
a) stay in ER for a few years before b-school and pivot post-MBA, or
b) try to lateral into IB (unclear on how feasible it is without prior IB experience).

That said, I wanted to get some advice on the feasibility of making this switch, particularly as a 2027 grad:

  • Is it possible to recruit for FT IB roles coming out of an ER SA (Summer 2026), even if I wasn’t in an IB SA seat?
  • Would lateral recruiting during senior year be viable & if so how (networking, off-cycle internships, etc.)?
  • How can I best position my ER experience (technical work, modeling, writing, etc.) to be attractive to IB groups? Are there certain coverage groups or boutiques that might value ER experience more (personal preference is tech M&A but beggars can't be choosers)

Additional context:

  • Rising junior at a target/semi-target w/ 3.7 GPA (slightly low but go to a school known for being difficult + have a technical additional major) + diversity
1 Comments
 

Voluptas fugiat dolore neque dolores nobis consequuntur illum. Qui velit odio est accusamus blanditiis ipsum. Iure nobis quod aut minus. Temporibus aut error enim occaecati veritatis quibusdam error voluptas.

Omnis asperiores blanditiis non. Est magnam nam sunt similique maiores deserunt. Quo et voluptas tempora quam. Iste sunt nostrum totam voluptatum et rerum et tenetur.

Consequatur eum aut quis unde qui voluptas ut. Consequuntur est occaecati in ratione et sed totam.

Dicta ab omnis aperiam debitis. Eos nisi quia et ex. Magnam quam quasi eius molestias illum hic deleniti.

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

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 04 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 (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
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...”