Unpaid Investment Banking Internship

Im a high school senior right now, and I want to get an unpaid investment banking internship at a boutique for next summer. I am completely fine if it is unpaid, as I just want the experience and I want to learn as much as I can. How should I go about getting one? Should I try for my town where there aren't too many boutiques (in the midwest, many hours away from chicago) or should I try to go for an NYC/NJ/CT internship? I have family in the northeast in all of the states mentioned, so living expenses won't matter too much.

7 Comments
 

honestly even if I get the opportunity to do grunt work all summer, id still be more than happy. I just want any experience I can get, as well as something to put on my resume not only for future internships, but for applying to selective finance clubs in college as well. 

 

honestly even if I get the opportunity to do grunt work all summer, id still be more than happy. I just want any experience I can get, as well as something to put on my resume not only for future internships, but for applying to selective finance clubs in college as well. 

Anything finance related will be grunt work enough. Still don’t recommend doing an ib boutique but instead a family office or a pwm branch instead. Bank of America did have a very prestigious internship for high school students when I was in school I remember but Even that wasn’t any real work

 

Expected reward/effort ratio is too low. It’s more important to do the right thing at the right time

 

Iure et doloribus dolorem illum aliquid pariatur accusamus reiciendis. Consectetur tempore ut illo dolores. Dolorem cum vel possimus fuga dignissimos sunt dicta. Occaecati et nihil fuga nulla. Omnis velit est eius officiis aut vero necessitatibus.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 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

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
dosk17's picture
dosk17
98.9
10
bolo up's picture
bolo up
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...”