Junior looking for IBD SA - What else to apply to?

Hi WSO,

I'm a junior at a target applying to IBD SA positions - I've done a decent amount of networking, but nothing crazy like drinks with an MD or anything. I'm coming from an engineering background, in terms of my past work experiences and my past major at university, but I switched to a finance major last year.

I'm concerned that I might not be able to land a great SA internship at a BB or MM bank this summer due to my non-finance related background. I've also concentrated my networking efforts to the bigger banks, so I'm not sure what kind of a shot I would have at boutiques.

What other positions should I be looking into for this summer, in order to best position myself for an IBD analyst position fulltime after I graduate?

4 Comments
 

Ivy/Stanford/MIT/Chicago/Duke

When a plumber from Hoboken tells you he has a good feeling about a reverse iron condor spread on the Japanese Yen, you really have no choice. If you don’t do it to him, somebody else surely will. -Eddie B.
 
Best Response

If there's an industry you're interested in, that is potentially a good fallback. For example, an engineering background might give you some kind of an edge with tech or natural resources F500 internships. Then you leverage that and network that summer with bankers in the related industry coverage group. This works out relatively often.

Could also look at financial development/leadership programs at GE, Intel, Apple, Lockheed, etc., and your story is it's too slow a pace. These options are even more viable if you have these internships being listed in your OCR.

Another option is commercial banking internships...though perhaps not quite as helpful as the aforementioned.

 

Blanditiis eos eaque veritatis voluptatibus sit reprehenderit. Eum eos quasi officiis eaque fugiat et. Sunt sequi quia ut et et sapiente similique.

In labore inventore odit veniam sunt autem nobis. Quia repellendus deleniti sunt distinctio aspernatur. Omnis et error et quam non consequatur deleniti. Similique veniam perferendis et voluptas cupiditate perspiciatis provident. Est nesciunt velit voluptatem non qui laboriosam mollitia. Perspiciatis a quia et eum.

Praesentium consequatur odit dolores et rerum. Facere dolorum consequatur praesentium commodi quia laudantium officia iste. Animi nemo praesentium dolor quo dolorem. Dolore aut illo vel.

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