Received Summer Internship.. Still apply for Spring Internship?

Hey everyone, So I received a summer internship with BOA. I'm wondering can I still apply for a spring internship with Merrill Lynch WM? If so, should I mention my offer in the cover letter?

6 Comments
 

Shouldn't be a problem. And yes you can put incoming WM intern at ML on your CV or cover letter. Just make sure you make it clear its only for the spring semester and you can't continue on in the summer if you do get an offer to join.

 

I agree that it shouldn't be a problem to apply. As far as including it in your CL I don't think it matters much either way, though if you choose to put it in be sure not to sound arrogant.

If you include it and/or they ask you about what you're doing for the summer just be ready to say something like "I only have so much time to test out different industries during undergrad" (or something better worded).

 

Thanks, this is the answer I was looking for. Do you think that they'll question why I'm looking into different industries? I mean does it look bad since I don't really have my mind made up on what I want to do.

 
Best Response

They might be curious just as a talking point, but it certainly doesn't look bad. They might give you a differently phrased question in your interview(s) if you've mentioned the SA position in your CL. The difference I would expect would be something like this:

(with) "So, I read that you're doing an IB(?) internship this summer, what makes you want to do a PWM internship as well?" in which case your answer will be the easy "PWM has a lot of attractive aspects as well such as XYZ and I don't know what I want to do yet..."

(without) "Why do you want to do PWM?"

Truth is these off-cycle PWM internships are usually really laid-back guys and since you probably go to a good school, they just enjoy your company and the free/cheap labor. I highly doubt they expect you to consider going FT with them unless you explicitly say so.

 

Quam ipsa facere pariatur sed corrupti. Qui velit amet quibusdam. Ipsam numquam et amet quos et natus. Voluptatem cumque aut quisquam quia tenetur eveniet. Nemo ut et nesciunt sit et necessitatibus.

Inventore veniam explicabo aspernatur ut ducimus possimus. Repudiandae sit dolore ut explicabo possimus.

Placeat doloribus voluptatem omnis molestiae. Quo quia enim ipsam sit.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 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

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $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
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
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...”