Had a IB internship over the summer and did not get a return offer because of the market. I was able to get a 2024 FT offer in Internal audit but would like to get into IB at some point. What is the better way to get there. Do a year in internal audit and lateral over or should I get a masters in finance and recruit for FT 2025 positions.
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Would try to push your grad date out by one semester, which will allow you to do another IB internship. I don’t advise working in internal audit if you aim for IB. Nothing in internal audit is transferable from a skillset perspective. Lateraling over within the same bank is easier said than done. Uphill battle if your internal audit group don’t interact with bankers at all.
only issue is that it would be hard to get a internship for this summer so late in the cycle
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