Good or No Good?

Hi all,

So just got email from a small bank saying that they are willing to take me on as an intern for this summer. Just one thing though: it is remote, which makes me wonder how much actual experience I will get. Should I take this offer, or keep this option open and wait until a better one comes (where I can actually have hands on experience in the office)?

Thanks.

NK

13 Comments
 
Best Response

If you don't have anything else lined up there's no reason not to take it. I wouldn't wait too long to accept/deny the offer. The bank will think it's strange you applied, interviewed, got the position, and then didn't give them an answer.

Take it. If something that much better comes along the bank will understand if you have to leave. If you're not getting as much experience as you'd like there when you start (which you probably won't), keep networking and honing your modeling skills for next summer so you can get something better.

 

Nowhere in the application process will you have to indicate that the internship was remote. You also won't get asked about whether it was remote or not during the interview process. I had a similar situation a long time ago and my manager basically told me if anyone asked him, he would say I interned at the office.

Like others have said though, accept and then see what other options you have. I'm sure you're not the only one who has asked them to intern like this, considering how competitive banking is becoming.

 

You have a unique opportunity working as a remote intern for a small bank. You could become their go-to guy, and the fact that you aren't even in the office physically hedges your risk that they just wouldn't like you. You could also have a much bigger impact and use it to build your resume for applying to bigger banks. Never discount the fact you may really like the work and see yourself worked into their main office. Keep an open mind.

 

Dolor aliquam et consequatur hic eaque sint et. Iste sit rerum quisquam rerum aut nesciunt laboriosam est. Consequatur voluptatem sit molestias reprehenderit. Dolor quisquam nemo eos officia deleniti ipsam laboriosam. Totam beatae nesciunt praesentium totam mollitia. Incidunt quas rerum error culpa voluptatibus qui sit accusamus.

Recusandae voluptatem non quia asperiores. Nihil dolores perferendis in saepe ut recusandae nemo. Corrupti dolorum eveniet corrupti ea.

Esse iusto omnis doloribus deserunt. Rem earum sint reiciendis rem omnis unde recusandae. Magnam vel sint excepturi ut qui est molestiae quia. Sit exercitationem id consequuntur assumenda nobis. Et sint nobis asperiores quo repellendus dolores molestias aut.

Array

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
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...”