Sophomore Analyst Comp
Currently seeking a sophomore summer analyst role at BofA or MS in WM, IB, or GCM since those seem like the only BBs that have sophomore programs. I by no means expect to get an offer from either of these banks, but I am applying. Does anyone know anything about the pay for these roles? Do they give you enough to survive in NYC, etc. off of the pay alone or will I need to be paying out of pocket for some of it? Sorry if this is a dumb question, but it's something I'm concerned about.
I have two friends who are in BB sophomore analyst programs. They are getting paid very well, but the money isn’t really the important piece of those internships. If you can get recruiting done and get a return for Junior SA then FT it’s worth it even if the pay was bad. You would also be getting experience no on else has making it easier to get junior SA elsewhere. Citi also has a sophomore capital markets program that allows you to stay in one of the product groups within capital markets (ie. LevFin) or switch to the banking division to work in a coverage group.
BoFA $36 an hour, MS $50 an hour, JPM $40 an hour. All IB
Edit: Bro why the monkey shit i literally got offers from all of these….
JPM $26
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