My Plan - Would like to get an internship

Alright, let me know if this makes sense. For summer 2007, i would like to get an internship at a somewhat lower level BB (i.e. UBS, Bear, etc). Why? the reason is b/c i hear these banks give out substantially more full time offers (% wise) than say MS or GS, which i hear only give roughly 40% of interns offers. So, say i take an internship at a lesser bank, get a full time offer, then couldn

 

if you don't have profile to get interview in the first place with GS/MS, then your question is totally irrelevant. If you have the profile, can you resist temptation to apply/interview with them?

if you interview with GS/MS and don't get offer, then your question is moot again. If you do, can you resist temptation to accept their offer over say Bear?

If you go to Bear, and end up not getting an offer nevertheless (process has good portion of randomness/politics involved), can you resist temptation of jumping under a train in disgust?

 

an offer from a lower BB does not guarantee an offer from GS/MS.

That said, it is obviously a lot easier for the same candidate to get the job with an offer under his/her belt.

***If you interview for a summer position at GS/MS and turn them down, they may not offer you a FT position later.

 

Success favors the bold. Anyway, friend, don't count your chickens before they hatch. This is the equivalent of masturbation until you have internships offers.

 

Enim rerum id praesentium dolorem nihil quae. Voluptate odio sit architecto similique et atque voluptatem. Quia atque dignissimos a id. Beatae iusto a similique. At libero blanditiis et dolores dolorum nobis.

Velit quam voluptas excepturi omnis temporibus amet tempore. Numquam mollitia eos rerum a.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
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...”