7 Comments
 

Summer internships often serve as the sole avenue for non-targets to be noticed by major firms, (BB, EB, and MM). These are often secured through extensive networking practices and off-time studying. If you are unlucky enough to not have secured any specific IB experience, the next best option is to find jobs or internships in corporate finance, asset management, wealth management etc. While I don't believe anything is impossible, it is highly improbable that you would be considered being from a non-target without any finance experience for any IB shop larger than a boutique by graduation.

On a separate note, continue networking as this will only help you in the future.

 
Most Helpful

Don't give up yet, still plenty of time to make something happen. I was in the same situation and just kept sending out cold emails to boutiques. Eventually something stuck and I got an offer late April/early May.

At this point I don't think networking will help you very much, especially if you're still trying to target MMs or other larger banks. I think a better bet would be to get a list of cities you're interested in, google investment banks in that city, and then go down the list and shoot out emails to every place you think would be worth working at. It's too late now to try and be overly picky.

Obviously avoid anything that looks shady, but there are places where you can get great experience even if the shop only has 10 people. Check out the background of people there. If all the senior bankers were at BBs and the juniors come from reputable undergrads there's a good chance it's a decent first place to land at.

The most important thing is just to keep your head up and stay on it. You never know what random email or call will end up resulting in an offer.

 

Impedit atque nobis cupiditate sint. Beatae est saepe labore ut tempora quia. Ut quas quae suscipit ut adipisci ratione.

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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
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...”