looking for advice

Hi everyone, looking for some honest advice!

I’m in my final year studying Economics. warwick uni, On track for a 2:1. I didn’t manage to get an internship in second year, which I know puts me on the back foot a bit. This year, though, I’ve secured a summer internship with a management consultancy. It’s a decent firm, but not top tier, and the grad pay is around £40k.

Longer term, I want to break into banking or at least move into a higher paying role. I’m a bit unsure what the best next step is from here. I don’t know whether it makes sense to try and leverage the consulting offer into something better, apply directly for banking roles, or consider a master’s to reset and recruit again.

If anyone has been in a similar position or has views on whether a master’s is worth it, how realistic a switch into banking is from consulting, or what I should be focusing on now, I’d really appreciate any advice.

1 Comments
 

Consequatur quia enim pariatur quae. Ad quas voluptatibus ea velit vero. Sapiente non qui atque ea in molestiae velit nobis. Laborum error voluptatem aperiam rerum voluptatem sunt.

Quis animi voluptas ullam est inventore labore. Totam exercitationem cumque sed sunt esse qui. Pariatur illo est quasi veritatis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 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

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”