Personal referees for summer intern?

Hi, I have an offer at a bank for a summer intern in IBD, and want to take it. However, one of the things that they ask for is that I list two personal referees. Has anyone had this before? Did they actually contact the people that were listed? If so, what questions did they ask?

12 Comments
 

Haven't heard of referees at any banks.. must be a new thing. i'm sure they're only there to keep things fair among the analyst and eliminate foul play. could be part of the whole enhancement of the junior banker experience - refs keeping an eye on MDs to make sure they don't "foul" the analyst.

anyone else have any thought on the matter?

 
whatstheplan

Banking01 - you're going to get destroyed on this (you are not quite ready to move up to Banking02 yet). They are asking for personal references, not referees.

Hey dumb fuckface, I actually literally copied 'referee' from the email that they wrote me. Maybe you should start worrying about 'whatsteplan' with your career at McDonalds.

 
Banking01Hey dumb fuckface, I actually literally copied 'referee' from the email that they wrote me. Maybe you should start worrying about 'whatsteplan' with your career at McDonalds.

Don't take the internet personally and your life will be much happier.

Those who can, do. Those who can't, post threads about how to do it on WSO.
 
Best Response
Banking01

Hey dumb fuckface, I actually literally copied 'referee' from the email that they wrote me. Maybe you should start worrying about 'whatsteplan' with your career at McDonalds.

I always cringe when the word 'literally' is used incorrectly, ie as an 'intensifier' instead of being contrasted with 'figuratively', ie 'literal translation'. Although in this particular instance it actually appears that 'literally' is literally used correctly.

 

I am 100% sure that you should spend some time with a dictionary before starting the internship... that you probably won't get (I am refereeing to the instructive comments above)

 

Well this one got out of hand quickly...

OP: you're asking about references and if it's a typical request? I can't tell you specifically about an internship but yes, references are absolutely typical, at least in the US. If you're a student without any professional experience they're going to be more personal than professional: teachers/professors, maybe bosses you've had at non-professional jobs, extra curricular advisors, that type of thing. They'll generally ask about you, character (although this may break reference laws if it's with a previous employer even if that was at the local grocery store), and things like that.

As you advance in your career you'll pick up professional references who can attest to what you've actually done. I think the last time I switched jobs I ended up giving over 10 people to talk to and I didn't even apply to that job-they wanted me.

 

Omnis est dolorum magni a nulla minima. Perferendis non dignissimos modi cumque quaerat soluta et. Natus non accusantium id eaque tempora excepturi nulla. Aspernatur accusamus quia beatae praesentium. Eligendi ullam et aspernatur rerum ab voluptas. Sed est assumenda reprehenderit est iusto.

Occaecati distinctio quia delectus eveniet. Doloremque voluptates dolor rerum ex. Dolorum illo rem reprehenderit corrupti voluptas vitae.

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 (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
bolo up's picture
bolo up
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...”