So if my internship is now virtual -- is there any reason to do it in NYC? Do you think bank will still have any sort of appropriately-distanced social events? Or will most interns just do the internship from the parents' homes?
| +157 | Investment Banks Ranked By Your Divorced Blue Collared Uncle | 15 | 13h |
| +156 | Think Twice before Recruiting for HOUSTON IB!! | 65 | 2d |
| +132 | UBS Exits 2026 | 37 | 4h |
| +57 | Congrats on the ROs. I Still Don’t Know Which One You Were | 8 | 3h |
| +40 | Mid-Level UBS Departure for another BB (Grass Isn’t Greener…) | 31 | 3d |
| +37 | IB RO Discussion | 6 | 3d |
| +36 | Did not get a return offer due to headcount, but happy to move on. | 8 | 13h |
| +32 | GS - Low Bonus | 23 | 19h |
| +29 | Lied about bonus to future employer | 16 | 2h |
| +28 | Early VP promo timeline | 15 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
my internship is virtual, they don’t want us to relocate to nyc.
Thanks. So they actually said that in the email?
They said “you should cancel all travel related to attending your internship in person” so yeah.
No reason to pay rent when you don't need too.
Yep, no doubt.
Definitely no, NYC is a terrible place to be locked down - tiny shared apartment, packed streets... most analysts/associates left if their families were within driving distance.
Enjoy your rent free summer with prepared food at your parents' house
Ha. Totally get it, I just thought that maybe some places/FT people might organize some sort of social outing at some point in July -- maybe be an opp. to get to know them. But I guess they probably wouldn't do t his, as most interns wouldn't be there. And they probably don't want to be anywhere near us anyway.
If you are located on the West Coast/Mid West, and are interning with an NYC bank, I would at least look into getting a cheap apartment with good wifi maybe somewhere in an east coast suburb.. can find something cheap in Westchester / Connecticut / New Jersey for a few weeks. I am in Westchester and things aren't too bad here.. would be better than dealing with a 3 hour time hour difference.
Sint et odit maiores maxime facere. Dolor rerum quo ipsum. Assumenda odit quia quisquam quisquam inventore quo.
In consequatur similique magni quam voluptatem delectus molestiae nesciunt. Earum aut ut eligendi vero.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...