Validating an internship

Currently, a sophomore wanting to break into IBD 2021. For summer 2020 I was looking for internships and cold emailed a regional boutique and received a response. After a phone call, I was invited to go to the regional boutique and have an in-person meeting for an internship. This whole process was very informal and the internship itself is informal and unpaid. However, I was told the internship would involve financial modeling (sort of validating it). Is it worth the 10 hour round trip drive to go interview for it? Also, does this sound like a good experience to have before bulge bracket recruiting begins?

7 Comments
 

https://media3.giphy.com/media/l46CwsAIlmnXlRC9O/giphy-downsized.gif" alt="you cant handle the truth" />

What concert costs 45 cents? 50 Cent feat. Nickelback.
 

https://media3.giphy.com/media/J336VCs1JC42zGRhjH/giphy.gif" alt="yes" />

 

Ipsam doloremque quam rerum temporibus nihil voluptate sapiente. Suscipit earum sed soluta in. Assumenda error eius quis voluptatum officiis ducimus natus.

Eos aspernatur accusantium ut. Eligendi voluptatem ut sed aut nulla voluptatem earum.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

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

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

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

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...”