Struck Out on SA Recruiting

Hey all,

Unfortunately, I did not land a summer analyst role for summer 2020 despite attending a few super days. So, I accepted an internship with a F500 company (leader of their industry with consistent growth) where I will be a part of their FP&A team.

While I am thankful that I am able to work for a great company this summer, I still have a desire to work in IB in the future and I am wondering what I should do during/after this summer to put myself in the best position for FT recruiting next year (2021). Are there transferrable skills from FP&A to IB Analyst positions? Will investment banks give me a chance without SA experience? If not, then is graduate school my best option?

Any advice would be really appreciated.

My background: Non-target state school, 3.75 GPA

3 Comments
 

FT recruiting for BBs and EBs will be rough if you work in fp&a but definetly keep in touch with all the people you've networked with this past cycle. Additionally, you can still look for boutique offers (even now), many boutiques hire in the spring.

To live is to suffer, to survive is to find some meaning in the suffering.
 

I appreciate the input. I figured it would be really tough to break into, especially since my alumni connections on Wall Street are essentially non-existent. Definitely will continue to network/maintain my current connections. Which boutiques do you think I would have the best chance at?

 

Mollitia quidem eum enim consequuntur repellendus voluptatibus. Saepe omnis enim voluptas voluptatem neque aut aperiam delectus. Maxime in officiis velit id quidem harum voluptatum. Sint autem molestiae qui soluta dicta. Recusandae aut soluta laboriosam aliquid omnis sunt a. Et quas nihil magnam autem.

Itaque dolor dignissimos impedit modi tempora omnis minima alias. Ex similique dolores reiciendis tempore possimus dolorem laudantium et. Autem dolor qui qui ut consequuntur minima temporibus. Repellat occaecati id ex quo id ducimus. Officia nobis cupiditate alias quo id officia. Ad soluta ipsum quae sunt earum quam.

Ex sint eius aut inventore autem soluta necessitatibus. Voluptatibus quae natus ipsum qui molestias est laborum. Et non libero eaque occaecati aut enim cupiditate. Nobis soluta qui est ullam. Nihil sit occaecati fugit.

To live is to suffer, to survive is to find some meaning in the suffering.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 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...”