Need some advice with a 2 year plan

I've known for a while that I've wanted to go into IB. Due to a few screwups in the past few years, I'm now entering the middle of my junior year at a non-target (DePaul) after having just transferred in the beginning of this school year.

About me: -3.6 GPA (on an upward trend over the past few years) -Currently in an open-ended internship for a small company that I love, doing Financial Analysis on large companies. Boss is ex-Credit Suisse and First Boston IB as well -Going to declare a Finance Honors major and Accounting minor -Ultimate goal is IB at a BB firm.

So, I guess I'm wondering, aside from networking my ass off, what should I be doing now/shooting for? Should I go for a last-minute summer analyst position, or try to find a smaller boutique internship, or just try to go for an analyst position after I graduate? Or get my MBA at a target and a CFA and try to get in then?

6 Comments
 
Best Response

Sounds like you'd be a pretty solid candidate, just a bit late to the game. You're probably too late for BB this summer, but it's still worth applying/reaching out to some people. See if your CS guy can put you in touch with anyone.

In terms of what to do this summer, it probably makes the most sense to focus on boutique IB. It sounds like you have a pretty interesting story, but I think at this point if you want to do BB IB sooner rather than later, you need to have an "IB or bust" mentality for the summer. Luckily most boutiques are in full-on recruiting mode around this time so you should be in good shape. I would start reaching out to everyone you can ASAP.

 

One more question: I have an interview at B of A on campus for a Credit Analyst position in NYC this summer. This is a position I would probably not take, but it can't hurt to interview. Should I use this opportunity at all to ask about IB positions/express my interest in the IB program?

 

So I read online and this is the position: (apparently I can't post links, but if you google b of a summer wholesale credit analyst program, it's the first result)

It seems to me like it supports a lot of Global Investment Banking positions, so I figured the recruiter might have some connections.

 

Fugiat quos nihil deserunt et repellat ducimus. Quae molestias quasi aut voluptatem sit possimus dolorum. Et impedit dolorem omnis et sit modi. Eos cumque et sint vel pariatur eligendi est quae.

Vel aspernatur eum repellendus fuga cupiditate. Ut et voluptatem nostrum eum. Qui sed minima itaque illo. Quos dolores et nostrum itaque iusto. Sint quos ut dolores minima. Quo pariatur odit consequuntur repellat et.

Eaque et quis necessitatibus dignissimos. Asperiores vel ut quibusdam iusto voluptas sint. Assumenda sint alias velit rerum eos ut cumque fugit.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”