Internship Dilemma - Rising junior at non-ivy semi-target

I am a rising junior at a non-ivy semi-target, where I have a 3.9 GPA and strong extracurriculars. I'm home working a corporate finance internship this summer, and I've been networking at some of the middle market investment banks with alums. Consequently, I've actually received an offer from an elite MM boutique. The offer is for an SA position for next summer, but the deadline they gave me to accept is early this fall. My intention was to interview with the BB firms this winter, as I would like to get a sense of the Wall Street scene next summer, but I know those positions are coveted and highly competitive. At the same time, this non-NYC bank gave me a nice offer, and I am flattered at their interest in me. Any advice would be appreciated.

5 Comments
 

Take it.

Cross the bridge of BB interviews/SAs when you have them.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Take the offer and then if you get a BB offer, switch to that. You can always make up an excuse to the MM, I've done that and nothing happens especially if the two banks are in different leagues.

cubiclecrowd.com blog.cubiclecrowd.com
 

Thanks for the advice. Seems like the consensus is to accept, interview with BB, and take something better if it comes along. I'd hate to burn a bridge that I might need to cross again later on (i.e. if a BB SA stint doesn't land me a FT offer), but I would also hate to pass on a job that might be my only opportunity for next summer.

 

Incidunt nam velit enim aliquid fugiat. Perferendis vitae dolorem nulla. Iure facilis rerum accusantium.

Soluta sit nulla fugit voluptate officiis porro in. Nobis error excepturi totam autem et perferendis. Est hic sunt nihil qui.

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 98.9%
  • 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 (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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”