Internship Experience

I just went through group placement at my bank and started thinking. The popular consensus is that banking sucks, but have any of you gone through your summer internship and come out thinking that you absolutely cannot stand it and turn away from finance completely? Or is the money too enticing?

9 Comments
 

Take a few seconds and read over what you just posted. If someone went through a summer analyst internship (last summer being the most recent time) and decided to turn away from finance completely, do you think he would be here right now to respond to your post? Having turned away from finance he would likely have stopped associating with the finance culture, a good amount of which is present here.

 
Best Response
moneymogulI'd disagree. After you've invested a certain amount of time here, you'll realize this site is a goldmine of information for career-oriented people in general.

And if YOU'LL reread my post for a second, there is more than one road to take after completely despising your summer internship.

Nowhere in your original post does it say anything about alternate paths after a summer internship, but that's besides the point. The point I'm trying to make is that it's unlikely that you'll find someone here that hated their internship so much that they decided to completely turn away from finance. I say this with confidence because the majority of undergraduate students on this site are from non-targets and therefore likely had to invest significant time and energy to attain a summer internship at a bank. So far, I have yet to meet anyone here that disliked their internship enough to say that the global world of finance is not for them.

I apologize if I sounded condescending in my first post. That means I talked down to you.

 

I don't think people would disassociate with finance altogether, but I do think they'll stop worrying about strictly banking and carry over their skills to another industry (say consulting?). If they were a business major, a lot of skills are transferable.

The people that do it for the money won't last long, just like doctors that do it for the money, turns out to be too much.

 

I turned away from finance, I freaking hate investment banking and I realized there are other ways to become rich which I enjoy with less hours

I feel bad for most people on this forum lol - actually being serious

I'm gonna get that bish some binary Bishes love binary --------- Kind Regards, Bin_Ban
 
FusRoDah
Binary_BanksterI realized there are other ways to become rich which I enjoy with less hours

Such as...

seriously? You are a typical banker, you don't think outside the box.

Take a day and ponder

I'm gonna get that bish some binary Bishes love binary --------- Kind Regards, Bin_Ban
 
Binary_BanksterI turned away from finance, I freaking hate investment banking and I realized there are other ways to become rich which I enjoy with less hours

I feel bad for most people on this forum lol - actually being serious

Somebody got shot down =(

Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”