Intern Depression

About 6 weeks into my IBD internship and absolutely hating my life. Finding it hard to get out of bed in the morning and on the verge of shutting off my computer most hours of the day. It feels very similar to depression, which I have experienced mildly throughout my life.

I don't feel that I'm performing very well, my manager is a complete asshole, and I don't fit with the team as a whole.

The hours haven't been bad at all in the context of IB (70-80 hours) but I still feel like I am sacrificing way too much time with family, friends, and hobbies that mean a lot to me.

I don't know if working for a different group/bank will help me stick out my two analyst years before exiting (if I can get a FT offer somewhere) or if I need to consider pursuing a slightly more relaxed career. I also don't know what I can do to stick out the remaining few months of my internship with my current mental state.

Any help or personal insights are greatly appreciated.

Note: Before people tell me to be grateful and it's not that bad, I understand all of that. Clearly I cannot handle it as well as others and am not as cut out for this as some people. So those comments aren't helpful at all.

10 Comments
 

Just think you’d be another sad story.

But.

If you can dig deep, finish your internship then look for a different career path. You’ll be fine.

Maybe look towards a career in consulting, FP&A, mutual funds, or something with better suited hours/work life balance. There’s nothing wrong with any of these and many people have been successful in these fields.

 

Game plan should be to tough out the remainder of the internship and get a return so you're not jobless. Additionally, saying you have that offer will help you lateral or recruit into other jobs. Once you have that offer in hand you can think more about what's right for you, although if 6 weeks WFH is a struggle I think you already know this isn't for you. 

 

Since it's been 6 weeks since you started your internship, I am assuming you are also a Canadian banker. I was one too, up until recently when I decided to call it quits. After a depressing winter, life is finally opening up in Toronto, so I really want to be able to enjoy my life again. Finally able to attend my friends' patio BBQs without crippling anxiety of whether the VP will give me a call.. IB isn't for everyone; it clearly wasn't for me too and neither was for you. Time to look elsewhere

 

I don't wanna dox myself from post history, but I am happy to help if you can comment here. Maybe the advice could be helpful for other readers as well?

 
Most Helpful

Sint quia minima ad dicta. Laudantium reprehenderit natus ut voluptatibus necessitatibus harum magni. Aut consequatur in eos distinctio et.

Quia deleniti sit ea. Sit est saepe molestias rerum nam deserunt qui. Qui est praesentium error qui esse sequi. In rerum quidem ullam. Et aut sint libero nulla voluptas.

Est quae fugiat sint voluptatem alias. Repudiandae sit facere voluptatem eligendi. Ut impedit dolor reiciendis eum illum. Porro consequuntur culpa adipisci pariatur quos. Impedit ipsa nemo provident quis officiis.

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 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

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 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 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

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...”