32 Comments
 

You're better off waiting tables, being a lifeguard, or some typical summer job than joining Tobin seriously. That will look far better on a resume.

 

This is one of the most brain-dead comments I’ve ever seen on this site. Even if you’re willing to work somewhere unpaid (dumb idea) to get IB experience, go do it at XYZ Boutique in your hometown — I guarantee there’s an MD near you who’ll let you bind books for free — to avoid 1) the stench of Tobin and Co. and 2) letting your next employer know (until the offer is extended and accepted) that you were unpaid. Plus, said other MD might actually hire you, unlike Justine. 

 

Would much rather see a candidate work PWM, commercial / corporate banking, Big 4, Fortune 500, asset management, etc. internship as a freshman (or sophomore). There are lots of options.

Be excellent to each other, and party on, dudes.
 

Yeah it’s pretty bad. For serious advice: my first internship wasn’t in IB. Was in big four, but not in a good group and I did absolutely nothing worth while. Promise it was better than going to Tobin.

It might be hard, but network and find anything you possibly can. Don’t just reach out for IB either. These small boutique ER firms could be good experience and they might be willing to take you on for free. A Corp finance gig would be fine. Literally doing nothing and when someone says “what did you do last summer” you vaguely mention the global pandemic messing up your plans so you say you spent the time studying for the CFA and networking.

Literally do anything else.

 

It's pretty funny how you can speak so definitively about the internship experience at Tobin when you didn't experience it yourself. Everyone has their situation and has to make a decision on what works for them based on their goals and objectives. That you presume to speak with such authority about something you know jack shit about is pretty astounding. Contrary to what is being said on here, it was a good experience (see, I can use my own because I actually experienced it). Got some deal experience and was able to learn more about investment banking & client management from it than I ever could from some smart ass WSO snob.

 
Most Helpful

LOL YOUR ENTIRE POST HISTORY IS ONLY ON TOBIN & CO THREADS! I hate to be the bearer of bad news, but it wrecks your credibility whether it's a great internship or not.

We know Justine Tobin forces people to shill for her on glassdoor, that most of her full time employees are unpaid, that she posts weird Karen complaints on Twitter, that she tried to doxx a user on WSO because she didn't like the flack she was getting for her crappy internship, etc. 

Maybe it's helpful to point to the "internship" as a way of saying that you got interested in banking and took whatever you could to prove that interest, but literally any other boutique bank would be 1000x better because of the horrible reputation Justine Tobin has built for herself/her bank. OP if you had absolutely NOTHING to do, definitely go for the internship (maybe it'll turn into another boutique internship that you could leverage to get more internships so that you can get Tobin & Co off your resume). However, if you have any self respect then you should aim for something that will inevitably work out much better for you (yes, even if it's in a different finance sub-discipline like F500 FP&A or unpaid equity research). 

PS: one of her associates was best buddies with Epstein. He visited Epstein 130+ times when Epstein was in prison the first time (and was a convicted sex offender). More meme-worthy content about the bank. Tobin and Co Associate Ties to Jeffrey Epstein | Wall Street Oasis

 

Fugiat a sint reiciendis molestias soluta quae animi. Ut impedit mollitia assumenda necessitatibus nulla perspiciatis error. Quia et repellat officia magni quo aut.

 

Asperiores cupiditate in nulla ducimus esse quia est autem. Ut molestiae expedita assumenda ullam. Facere magnam illo labore aut corrupti nisi. Consequuntur repellendus numquam neque nesciunt molestias nihil esse. Voluptatum necessitatibus in dolor et hic voluptate eligendi. Necessitatibus ex in laudantium amet numquam officiis perferendis et.

Eos eos dolore et quam totam rerum. Dolorum quo laboriosam in sed placeat labore. Accusantium illum amet quas at blanditiis. Omnis ut aut et hic. Ad quo aut praesentium enim magni laboriosam. Harum aliquid autem non molestiae velit unde rem. Doloremque accusantium qui voluptas.

Perspiciatis natus officiis sed at et commodi. Dicta et hic delectus voluptatem asperiores error.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • 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 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 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 (79) $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
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”