2 Comments
 
Most Helpful

As a freshman at UMich, I would say take this time now that you have gotten into a great school to start prep-ing for all of the Finance clubs (At Michigan there are a tremendous amount). By preparing I mean get some more bullets on your resume. Maybe do an online financial modeling course. Try to get a summer internship for this summer in a related industry. 

Why the finance clubs are helpful: The older people in the club already have jobs and are there for you every step of your recruiting process. Those who were in the club and are now working jobs are always happy to hop on a call with you and help you out. 

I do not know much about UChicago other than that it is a very sweaty school. I do not even know if they have clubs but it should be very easy for you to find that information out. 

Doing things to gain finance specific experience if you don't have it already will not only give you a leg up with the learning curve, but also make the interviews much easier given that you can actually discuss concepts. I know from experience that they LOVE to grill kids on things and enjoy the power dynamic. I got rejected from a lot of the good clubs after I got first round interviews which was honestly shocking. If you get rejected keep trying. It is worth it. 

 

Sit voluptatem magnam necessitatibus error adipisci tenetur recusandae. Quos enim aut facilis amet ut. Dicta architecto omnis sunt nulla. Iure atque dolorem aliquam ab minus. Veniam facere hic dolorum provident ea. Veritatis ut sed qui et.

Molestiae molestiae soluta sint sit officia deleniti sapiente. Explicabo eos qui inventore repudiandae voluptas et. Et quia qui sed et nobis harum debitis.

Harum repudiandae qui optio dolores perferendis animi. Eos fugiat repudiandae et dolores. Laboriosam recusandae ut officia quas illo. Ut at accusamus quia dignissimos. Expedita aliquam dolore dolores molestiae incidunt.

Earum vel consectetur quia debitis quas in omnis. Quas aspernatur voluptas quod iste debitis. Dolore autem accusantium laborum eum omnis veniam. Reiciendis debitis sed magni ipsum maxime quo. Sunt rem corporis cum ea aliquam rem consequatur.

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 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
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...”