Is it too late for me to pursue IB?

It is currently the middle of my sophomore summer, and I haven't really done anything at all thus far to prepare for IB, and the recruiting process started in April.

I go to a semi-target and have an okay GPA (3.6), and am starting a private equity internship in a week, but I only went to a few info sessions this past year and didn't talk to anyone. I have done no networking.

Am I to far into the recruiting timeline to put effort in? Are there still applications open, and if there are, what are reasonable goals to set for myself? I am 100% willing to grind if there are still opportunities available.

I guess my main question is- where should I start at this point in my sophomore summer?

8 Comments
 
Most Helpful

Some BBs haven't even started yet (except for maybe targets) - Credit Suisse, Wells Fargo, BAML, Barclays. I also know that Centerview hasn't started. I'd recommend trying to find some alumni from your school at those firms and shoot them a short email about your interest, and that you want to learn more. 75% of breaking into IB is just networking, so that should be your #1 goal right now.

 

Definitely not too late, Citi/JPM/CS/MS are still recruiting and several MM's and boutiques haven't even started yet. You've got a relevant PE internship and you're at a semi-target, so network aggressively with alumni and you just might land something. Good luck!

To infinity... and beyond!
 

Autem at accusamus optio voluptate sed laborum. Ut qui aut ut tempore consequatur cumque excepturi. Nostrum rem consectetur et voluptatem numquam quia nobis enim. Amet minima quas odio repudiandae nihil et.

Dolorem labore ratione eos nostrum dignissimos. Id quod et sed est in nulla laboriosam exercitationem. Atque facilis voluptatem qui non fuga dolores dicta labore.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

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 (81) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
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...”