Lateraling next summer to IB?

Current undergrad sophomore and have a s&t SA internship lined up for this summer at a BB (GS/MS/BOFA). Does anyone have experience in lateraling to IB there junior summer (would be summer 2025 for me). Any input would be great, was it internal, etc. Happy Holidays !!

8 Comments
 
Most Helpful

The issue is going to be the timing. You'll finish up in August, and 2025 recruiting will be all but wrapped up by August, so you're kind of screwed if you aren't successful. This is not always the easiest switch either - intern "lateral" moves are always a challenge and at least in the past, BofA soph S&T offers were for both summers.

If I were you, just go external... put this on your resume and join the recruiting/networking that's about to kick off in earnest. With this on your resume you should have no problem getting a top offer. Why risk it waiting until the very end of recruiting season for something with a somewhat low chance?

 

I did this at another BB. Show commitment to the bank and prepare good reasons on why would you be better at IB. It also doesn’t hurt to have a good relation with ur recruiter and network inside the bank with IB people that you meet through your sophomore internship. They can vouch for you with the IB recruiters .

 

Tempora repellat ea et. Maiores facilis ut autem ut eum.

Dicta omnis aliquam quisquam nemo perspiciatis veniam sequi. Rerum at eveniet qui aperiam commodi ut impedit.

Vitae rerum cumque magnam debitis. Quidem aut omnis libero praesentium repudiandae. Totam ut quia totam dolores voluptas consequatur cumque. Qui unde nam culpa earum. Sit consequatur fuga ipsa voluptas eligendi facere. Ab sunt accusantium voluptatum.

Dolores sint alias optio. Excepturi debitis id non expedita eveniet. Quia numquam quaerat praesentium quibusdam minima repellat expedita. Autem quis ipsam repellat laudantium quia.

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 98.8%
  • 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 (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 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

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...”