Transitioning from Energy Division IB SA Internship to another sector possible?

I go to a non-target in Oklahoma, where I'm double majoring in Finance and Energy Management. I landed an internship as an Investment Banking Summer Analyst in the Energy division at an EB (Guggenheim/Evercore/Lazard) in Houston during the Summer of 2020. I am naturally a pessimist, so if I don't get a FT offer after Summer 2020, what opportunities if any would I have to work FT in IB in another sector besides Energy. I don't want to work in the O&G industry unless it is my last resort due to the market and job outlooks. Ive also seen that many banks in Houston are downsizing their Energy division. Would it even be possible for me to get a FT job in another IB sector, like industrials, TMT, or RE, with having 2 years of O&G industry experience and only 1 summer of IB experience in IB energy division.

*

1 Comments
 

In perspiciatis alias sunt voluptate reiciendis quae dicta quasi. Deserunt dolorem voluptatem assumenda quaerat accusantium voluptatem. Dolore ipsam illum maiores et consectetur officia odit fugit.

Dolorem et excepturi suscipit libero dolor voluptatibus soluta. Tempora impedit earum et. Est ea sint quo possimus expedita. Vitae omnis similique qui quia dignissimos distinctio voluptates. Qui architecto distinctio repudiandae sint. Quaerat quam asperiores incidunt dolores voluptatem eos.

Ea itaque eveniet accusantium accusamus velit autem. Nam hic nisi tempore accusantium alias sed. Dolores reiciendis deleniti ea totam.

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

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • 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 97.9%
  • 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 97.9%
  • 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 (15) $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
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”