Internship Question - Timelines

Hello Monkeys,

I hope everyone is well. Just had a quick question, can someone provide some timelines as to when is a decision made for a FT offer or not during the internship? Is it in the last week of your internship or last day? I assume every bank is different, I am interested in the BB process. When will the senior management or HR let you know that you are coming back or not?

Thank you!

2 Comments
 
Most Helpful

There is another thread on this topic but I will summarize timelines for you. Usually your last week is basically rolling off projects and not much work happening.

During the prior week the team meets (generally the junior team, up to VP level, MDs not really involved in the process) and discusses each of the interns and ranks them. The staffer / person running the interns usually says how many offers they are looking to give out.

Then on the final day each intern meets for 30 minute sessions at designated time slots with their manager / staffer and are given or not given an offer. For those who get offers there is usually some sort of group event later that day and some of the banks have a larger end of the summer events for interns across all groups (who get offers)

 

Voluptatem est voluptates dicta amet debitis maxime. Et nam pariatur distinctio sequi. Adipisci asperiores nam aliquid soluta laudantium dolores quaerat ea. Sunt numquam saepe laborum accusamus necessitatibus laboriosam eligendi est.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”