PubFin IB Internship- How is it structured?

For both Public Finance and general IB internships, what level of structure is typically expected? Are interns usually staffed on deals and given defined responsibilities, or are they expected to seek out work on their own?


 

In my PubFin internship, there was almost no structure. We weren’t staffed on deals and had to actively ask—sometimes repeatedly—for any live deal exposure. Most of the work offered was very basic, and despite reaching out to multiple people, responses were inconsistent. There were high school interns doing what felt like comparable work at certain times in the office. At times, it felt like being proactive was viewed negatively, and there was little guidance from seniors or HR on what we were actually supposed to be doing.


 

Is this lack of direction and hands-on experience common in IB-type internships?


 

1 Comments
 

Fugit enim molestias error id placeat. Dolor tenetur dignissimos perspiciatis corrupti consectetur eos. Officiis beatae alias inventore in est. Libero quae quo sit consequatur aut.

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

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 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 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 (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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...”