Got in late as a Sophmore (good gpa, non-target, good connection (B of A, GS, MS, etc.))

Based on the most helpful WSO content, here’s what you need to know:

For a sophomore with a good GPA, non-target background, and strong connections at firms like Bank of America, Goldman Sachs, and Morgan Stanley, you should focus on sophomore summer analyst programs. These programs are often stepping stones to junior internships and full-time offers. Here are some key points and suggestions:

1. Sophomore Summer Analyst Programs

• Goldman Sachs Summer Analyst Internship: While it doesn’t explicitly state it’s for sophomores, it mentions eligibility for students in their second year of study. This program is highly competitive, so leverage your connections to get a referral.
• Morgan Stanley Sophomore Summer Analyst Program: Typically includes divisions like Sales & Trading, Investment Banking, and Global Capital Markets. Deadlines vary, so check their careers page or reach out to your connections for updates.
• Bank of America Sophomore Programs: Look for roles in Investment Banking, Global Markets, or Corporate Banking. These programs often have early deadlines, so act quickly.

2. Non-Diversity Sophomore Opportunities

• Many non-diversity programs are less structured but still exist. Focus on boutique investment banks, middle-market firms, or regional offices of larger banks. These can provide valuable experience and set you up for junior year recruiting.

3. Networking and Applications

• Use your connections to get referrals or informational interviews. This can significantly increase your chances of landing an interview.
• Apply broadly to both structured programs and smaller firms. Even if a program isn’t explicitly labeled for sophomores, apply if you meet the eligibility criteria.

4. Other Suggestions

• Local Boutique Firms: If larger firms don’t work out, consider interning at a boutique investment bank or private equity firm. These experiences are highly valued and can help you stand out during junior recruiting.
• Finance-Adjacent Roles: Explore roles in corporate finance, wealth management, or even consulting if they align with your career goals.

Immediate Next Steps:

• Check the career pages of BofA, GS, and MS for any open sophomore programs.
• Reach out to your connections at these firms to inquire about opportunities and deadlines.
• Start networking with alumni or professionals at boutique and middle-market firms.

Time is of the essence, so prioritize applications and networking efforts now!

Sources: Can we get a list going of sophomore summer 2019 programs/internships? (Confused), 2019 SA Sophomore Internships Thread, 43 Diversity Recruiting Programs at Investment Banks - The Most Exhaustive List