Feeling a bit defeated

I just got two rejections from middle-market banks—one after a second-round interview and another after a superday. I'm feeling pretty down about it. I've wanted to get into investment banking since late high school and worked hard through my freshman and sophomore years at a non-target school. I managed to secure several interviews, mostly with middle-market firms, but I've been coming up short for months.

It's tough because I cared so much, and now it feels like I fell short when it mattered most. I've wanted this for a long time, and not getting an offer feels like a major setback. I know this isn't the end of my career, and even if I don't land a position right after school, I can still find my way into IB. However, I can't shake the feeling that I'm not quite measuring up and may never be enough for a field I've invested so much in mentally.

I recognize I've tied much of my self-worth to getting into IB, which isn't healthy, but I find it very hard not to feel this way. I also feel a sense of imposter syndrome at the PE shop where I'm interning (which doesn't offer return offers). I keep thinking there are better candidates out there and question how I even got the internship when I can't secure an IB role from a decent bank.

Overall, I'm confused about how to proceed from here and could use some advice or support from others who might understand what I'm going through. How have others navigated similar challenges? Any guidance or encouragement would be greatly appreciated.

2 Comments
 

the non-target struggle is real. keep your head up it’s just a job and you’re smart and will land where you’re supposed to be. maybe think about law school or something finance -> mba -> banking. also even though ft recruiting is tough with a PE internship you might have a chance. don’t stop looking at all your options.

 

Nemo vel molestiae dolor earum. Beatae vel impedit enim dolorem qui quos.

Rerum dolorem quia error. Est non ipsam minus et voluptatibus ipsam maiores.

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 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 (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
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
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...”