Do investment banks of all sizes (BB, EB, and MM) require modeling tests for junior year internship summer analyst positions? Do you actually have to sit in excel for an hour or two and create a model or do a modeling case? Or is the extent to which they gauge your modeling abilities through their technical questions?
| +207 | UBS Accused of Favoring H-1B Workers While Cutting U.S.-Born Employees | 51 | 2h |
| +108 | IB Energy Drink Tier List / Ranking | 72 | 11h |
| +91 | PJT M&A Group Selection 2026 | 14 | 7h |
| +90 | ONLY THESE BANKS OR YOU STRUCK OUT | 30 | 15m |
| +43 | Firm Thinks I'm Lying About Offer | 17 | 10h |
| +40 | Feedback for internship first desk at IBD BB - personal fit, "don't be too confident" | 29 | 9h |
| +30 | Stay at Weak Dealflow Team or Lateral? | 7 | 12h |
| +29 | Does BofA still pay its associates rat pellets? | 15 | 10h |
| +22 | Indiana University Fraternity Pipelines | 13 | 7h |
| +20 | Choosing a group - Investment Banking | 5 | 7h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Based on the most helpful WSO content, investment banks typically do not require full-fledged modeling tests for junior year summer analyst positions. Instead, they assess your technical skills through technical interview questions rather than having you build a model in Excel during the interview process.
For junior year internships, the focus is more on understanding key financial concepts, such as:
However, for lateral analyst positions or more advanced roles, modeling tests are more common. If you're preparing for technical questions, resources like the WSO Prep Pack, Vault guides, and free modeling lessons offered by WSO can be incredibly helpful. These resources cover financial statement modeling, DCF, M&A, LBO, and more, which are the core areas you might be tested on.
Sources: Junior Year Summer - Will Tech Internship Hurt Me?, Local/Small MM Bank Internships for Sophomore Year (Summer/Fall), Incoming Investment bankers, what did you do sophomore summer?, Q&A 2.0: 3rd Year BA/A/AC At MBB Going To UMM/MF This Summer, Q&A: Current 3rd-Year BB Coverage Analyst
Eaque perspiciatis deleniti fuga saepe omnis tempore. Eveniet natus non non aliquam ipsa ipsum assumenda. Esse corporis dolor est. Harum est debitis deleniti maxime.
Ipsam placeat atque iure aperiam impedit. Veritatis animi explicabo ratione. Nihil natus saepe consequatur ullam voluptates eos sunt quisquam.
Autem voluptatem velit pariatur porro placeat molestias minus. Iure voluptatibus quod voluptas assumenda quia doloribus saepe dolores. Dolorem quis facere maxime harum. Quisquam temporibus beatae exercitationem et et soluta expedita ut. Ut eveniet quia maiores corrupti corporis corporis voluptas.
Aut voluptate qui velit commodi facilis repudiandae et. Repellendus deleniti veniam at incidunt nam aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Non officia voluptatem adipisci beatae aut modi expedita. Velit iste ut architecto est dolore saepe.