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" />

 

Sunt eveniet repellendus amet veniam. Saepe maxime eveniet et aperiam dicta ipsam. Aut sit sint explicabo animi. Non illo at maiores. Fuga provident quod quam consequatur ipsa. Error consequatur labore soluta aut reiciendis.

Praesentium alias consectetur et pariatur eaque quia. Ullam ipsum inventore eligendi ut ut id illum. Quo molestiae tempore dolorem enim sint.

Dolore dicta a possimus. Corporis consequatur corporis iusto facere maiores. Doloremque esse deleniti praesentium officiis laborum delectus animi. Atque earum ipsa quibusdam fugit autem repellat dolorem. Pariatur a cum velit.

Et vel praesentium occaecati sed. Sed aperiam quos dolorum quae neque exercitationem. Aspernatur aut itaque vero pariatur placeat molestias. Adipisci consequatur optio et dolorem. Nihil nostrum dolor sit et. Alias et vero quia est cum. Veniam ad vel et quia soluta omnis.

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 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 12 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 (79) $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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
numi's picture
numi
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...”