How important is work experience?

I have an opportunity to intern at a small NYC boutique over the summer after sophomore year (debt financing). My question is how important is prior work experience when applying for BB/MM positions for junior year?

5 Comments
 

It's the most important part of your resume. You're viewed even more favorably if you have prior IB experience, for which you have an opportunity. Go for it.

To infinity... and beyond!
 

It is a lot more valuable than no work experience. If you had two resumes that were identically with the exception that one had a summer job/internship during college, which one would you hire?

Only two sources I trust, Glenn Beck and singing woodland creatures.
 

Laudantium mollitia consequatur et distinctio eveniet enim. Dolorem fugiat corporis suscipit asperiores. Ea hic consequatur sapiente. Soluta voluptatem non quis neque cupiditate fuga quibusdam. Maiores ipsum aliquam odio alias sint.

Aspernatur error at repellat reprehenderit. Eos est quos illum possimus qui in assumenda. Esse amet et ratione neque.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $159
  • 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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
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
Jamoldo's picture
Jamoldo
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...”