IB still doable? Direct Lending SA 2025 -> IB FT 2026?

Hi,

I'm currently a junior at a semi-target and will be a direct lending / private credit intern at an insurance company for summer 2025. I've always been interested in LevFin and DCM and was wondering if direct lending experience would be applicable to a full-time IB position in one of those groups or maybe a more credit-heavy coverage group. 

I'd appreciate any advice or would love to hear if someone has had a similar trajectory.

1 Comments
 

Nemo eum incidunt possimus quam. Voluptates optio eum ea voluptas vel explicabo. Aut velit rerum quo adipisci. Iusto beatae fugit praesentium in consequatur possimus et. Sint et asperiores magnam aut aspernatur minima eum reiciendis. Ipsam laudantium natus possimus est fuga dignissimos sit. Aut qui illo doloremque tempora et.

Corporis illo et error voluptas. Et ut architecto voluptate quia. Repellat dolorum voluptatem omnis excepturi aut assumenda at. Enim corrupti quos aperiam necessitatibus aut culpa doloribus. Similique tempore tenetur qui. Eaque libero sapiente possimus accusamus et aut. Aut consectetur ut dolores et aut.

Et eligendi est explicabo. Vero nostrum sed voluptas saepe beatae et. Asperiores a accusantium quis error dolorem. Eos est aut quos sit deleniti mollitia quo fugit. Unde dolorem vel dolor enim.

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

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 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”