3 Comments
 

Sophomore summer BB IB internships are still offered, but they are highly competitive and often limited to diversity-focused programs. Here's what you need to know based on the most helpful WSO content:

  1. Timeline:

    • Most BBs (e.g., Morgan Stanley, Goldman Sachs, Bank of America, RBC) have already completed recruiting for sophomore summer internships by the fall.
    • Citi and UBS typically open their applications in the fall, but many other BBs are effectively done recruiting by this time.
  2. Availability:

    • Many BBs do not have structured sophomore summer programs unless they are diversity-focused.
    • For non-diversity candidates, opportunities are more limited, and it's often better to focus on boutique or middle-market (MM) firms to build experience for junior summer recruiting.
  3. Next Steps:

    • If you're targeting BBs, start networking early and focus on diversity programs if eligible.
    • For non-diversity candidates, prioritize networking with boutique firms or regional banks to secure a sophomore summer internship, which can strengthen your resume for junior summer recruiting.

Let me know if you need more specific advice!

Sources: https://www.wallstreetoasis.com/forum/job-search/advice-for-sophomore-summer-internships?customgpt=1, Can we get a list going of sophomore summer 2019 programs/internships? (Confused), 2018 Sophomore Summer Analyst Recruiting Megathread Page

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

Enim pariatur possimus impedit sunt modi sed. A beatae dolores tempora consequuntur quo quidem. Sunt et voluptates praesentium necessitatibus recusandae molestiae. Veniam deserunt laudantium eum animi. Eveniet distinctio et eius et.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”