Sophomore with no internship for this upcoming summer.

Hey guys so I've gotten myself into a bit of a problem and I'm stressing out a lot. I'm a sophomore at a target school that still has failed to find an internship for this upcoming summer. My question is: what should I be doing right now? Is it too late to find an unpaid job at a small boutique i-bank in Chicago through cold emailing?

Also, should I even be bothering to apply for 3rd year internships if I don't have a summer internship lined up for this year?

Some relevant info: 3.94 GPA, finance club senior analyst, accepted to a selective certificate program at the business school

I'm in this position because of my lack of motivation this past year and the toll that the schoolwork has been taking on me, but I'm willing to put in the work I need to turn things around.

3 Comments
 

If you can't pull something together in terms of a job or internship then I suggest dedicating yourself to learning a skill or skillset. Coding, data science, excel, etc. I have CFA (Levels: 1, 2, & 3) materials I can send you if that interests you.

First, do all you can to get an internship. If that doesn't work out, then just make sure you have something to show for the summer.

 

Eum quam ut esse quis iure. Sit aperiam sit ullam sapiente molestias.

Et hic voluptatem provident magni ratione. Quod velit et repudiandae cumque nulla repellendus. Quaerat accusantium aut dignissimos consequatur ipsa harum.

Array

Career Advancement Opportunities

July 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

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $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

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...”