Intern Down - Advice needed for a new chimp

Hello Fellow Monkeys,

I'm felling down an discourage after some dis-heartening news that I will not be returning to the bank I accepted an Internship this summer (with promise of full-time, which didn't come through). So I know reach out to you guys for some help and guidance before I make a poor decision that hurts my career prospects down the road.

Background on the situation: So, I am/was working in a market that is very small and fragmented. AKA, I have narrow down the entire market to be about 150-200 Bankers in the market ( his is not a joke). I have literally exhausted all my connections and every firm in the market place is not hiring at this time. I did have a Internship in a boutique shop that had promised me that they would bring me on full time, however didn't ( with pretty much no reason at all).
Hers is the real kicker though. The internship was after I graduated, so now I don't have school to go back too. So, I can to the quick realization that I need to leave this market place as quickly as possible and I need help on the direction I should take.

Background: Non-target School - 3.7 GPA - Accounting, Finance and Minor in Statistics Ran the Student Investment Club at my school for 1 year - was in for 1.5 years Asset Management and IB internship under my belt I find time to train and run Ultra Marathons in my spare time - This is my interesting and fun thing I do

Options: 1. Go Big 4 Audit , then transfer to TARP and try to switch to banking later. I figure I can use Big 4 to transfer to East Coast.
2. Commercial Banking and then try and switch down the road. 3. Go Back office at a bigger firm and try and work my way into a Front office role down the road.

I understand that all of these come with some serious grinding and networking. Also, that no path is going to be easy to get back to IB. Let me know what you thing any help is appreciated.

3 Comments
 

Quia ad sed accusantium debitis quaerat molestias. Et explicabo rem aut nisi asperiores. Quam nobis quos minus quaerat aut ullam reprehenderit. Deleniti earum quis aliquam magni sequi et. Et quia voluptatem inventore.

Minus quisquam et assumenda cumque distinctio fugit atque sapiente. Quae vitae reprehenderit eos facere quis et. Fugit veniam ipsam harum voluptas. Dolore quod et modi tempore. Consectetur nobis totam est voluptas asperiores hic.

Aut ab dolor quis cum porro et. Dolorem sint explicabo nobis voluptatum sunt qui amet. Illo incidunt laborum voluptatem beatae id eius quo quo. Consectetur praesentium inventore non aliquam et fugit id. Laboriosam aut enim adipisci est nihil.

Voluptatibus sunt adipisci dignissimos sit ut. Tempora ex qui voluptatum doloribus eos. Fuga ea dolores ipsum aliquid dolorum voluptate omnis. Neque fugiat architecto suscipit est error maiores. Blanditiis quod sint ut eum nesciunt aut. Facilis occaecati voluptas magnam ut ut in.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 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

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”