People without return offers this past summer - where are you now?

Just want to get some hope here. I interned at a top BB this summer, and unfortunately didn't get a return offer, and am still trying to find a full-time job. How did the rest of you guys fare - anyone get an offer at another IB? had to change industries? still looking? depressed?

25 Comments
 

What was your story for why you made the switch from banking to consulting?

 

Interned with a regional bank over the summer almost everyone in a ~40 person group didn’t get return offers except for a few diversity hires. Absolutely grinded networking and applications and ultimately landed an IB offer at a solid MM shop in my top location. Didn’t necessarily get the group I wanted, but I know I am very fortunate to have something secured. Came from a pretty non-target background too so it was an uphill battle to say the least lol

 

How'd you make that transition? Gonna be interning in PF this upcoming summer and would love to hear your experience recruiting fulltime

 

Different story. Finished a year as an IBD analyst at a BB and all juniors got cut. Took a few months off and recently been getting alot of interview invites. Internally thinking against rejoining IB as I've developed some nice programming skills and backed by my STEM background I'm thinking of going into tech now. Really confused tbh

 

Sed eveniet sint aut qui dolorum quia corrupti. Excepturi dolorum ducimus reprehenderit. Vitae eligendi sed cumque necessitatibus quas assumenda voluptatem. Tempore sapiente dolor provident ut quo vitae. Voluptatem sequi possimus unde ratione quia officiis culpa.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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...”