How tough is it to break into regional boutiques?

For reference, I am speaking about banks similar to the ones mentioned in this article:

https://www.mergersandinquisitions.com/boutique-i…

I am a junior at a strong state school, though a non-target, who is looking to break into IB. This summer, I will be interning at a well known IB (can be considered a BB to some), but at a satellite location. Although the internship is not in the IBD division, I am interning within the investment bank, so I'll be placed into LDCM, DCM, ER, etc. Therefore, although I am from a non-target, I think that I will have great experience compared to most non-target students.

After the summer, I want to try my best at landing a FT role in IB.

Will I competitive for these banks? Are these banks still very competitive?

1 Comments
 

Doloremque optio qui explicabo. Praesentium voluptas amet rerum nihil.

Ipsa ratione ipsa quia quia mollitia sequi harum. Et nisi omnis omnis autem.

Corporis voluptatum omnis placeat distinctio dolores id adipisci. Alias perferendis dicta fugit. Molestiae aliquid magni harum. Magnam animi non dolor illo molestiae nam.

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

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”