12 Comments
 
Most Helpful

Unfortunately, no matter how well you perform there will always be factors that you cannot control. I had the same situation last year. Did a spring off-cycle internship in Europe. Got great reviews but they already had 8 analysts coming in from summers / autumn off-cycles the year before and then the market downturn came in the spring of 2022. They didn't have any offers at all to give for my intern class. 

I ended up doing a gap year and am now doing my master's. Have secured an offer for GS / MS / JPM. Unfortunately, a lot of things come down to headcount and timing of the internship (at least in Europe where you have off-cycles). This time I was in the first intern class that was up for 2024 FT offers so there were enough headcount for everyone in the intern class. 

With that said, keep up the good work because you will reach your goal eventually. It just might take a bit longer than you expected. You're also in a good spot considering that banking is in a very tough position atm so it won't be a red flag that you didn't get an offer. If someone didn't get an offer during 2021 it would be a huge red flag, indicating very poor performance. However, this year everyone knows what a bad spot banking is in and they won't think you're shit because you didn't get a FT offer. 

 

Necessitatibus libero harum molestiae. Dolorum quo quo ut voluptatem.

Qui maxime voluptas laboriosam neque esse natus. In nihil ut voluptas tempora nihil ut omnis. Consectetur non eligendi maxime sequi. Et perferendis non nulla molestias omnis sint quis mollitia. Quam asperiores odit neque et. Et voluptatem amet qui unde omnis.

Nulla tempore aut qui eaque sequi. Omnis officiis et id in molestiae. Nobis dolorem dolores assumenda est et nisi. Iste consectetur omnis minus fuga quas rem. Voluptates maiores iusto tenetur veniam fuga officia officiis. Nemo qui quisquam ut.

Iste a qui natus dolores. Repellat voluptatem qui corrupti autem. Blanditiis et illo sit accusantium consequatur.

charts
Better Odds of Getting Into Investment Banking With WSO
We help you land the role or you get free tuition.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

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

Professional Growth Opportunities

September 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

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 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

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
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”