What are my chances, and what else do i need to do.

Hi everyone, Almost two years ago, I reached out for help on WSO, and I am very grateful for what turned out to be great advice.

I am now a 3rd year pure maths and economics (majoring in finance) student at UNSW. I have an 89 WAM and 96 finance WAM. I am looking to get into IB. I am in my penultimate year next year. 

So far, I have one year of audit experience at RSM and a short trading internship, and I will be interning at ANZ for institutional banking this summer. 

Given my grades and experience, do I still need more experience to apply successfully for a summer internship at a BB in Sydney or Singapore, assuming that I network appropriately? 

4 Comments
 

Hey there, fellow finance enthusiast! It sounds like you're doing a fantastic job so far. You've got a strong academic record and some solid experience under your belt.

In the world of investment banking, there's always room for more experience, but it's not just about quantity. It's about the quality of your experiences and how well you can articulate them. Your audit experience at RSM, trading internship, and upcoming stint at ANZ for institutional banking are all valuable and will definitely help you stand out.

Networking is indeed crucial. It's not just about getting your resume out of the stack, but also about showing potential employers that you're someone they'd want to work with. So, keep up the good work on that front!

Remember, every bit of experience you gain is not just a line on your resume, but a potential talking point in an interview or a networking event. It's about the skills you've gained, the insights you've gleaned, and how you've grown as a professional.

So, to answer your question, you're on the right track. Keep gaining experience, keep networking, and when the time comes, apply for those summer internships with confidence. You've got this!

Sources: Two Internships Later: What I wish I Knew While Recruiting! (Toronto), (London) So you didn’t get any spring weeks, here’s what you need to do:, Internships in NYC and Singapore from the UK, Rising freshman needs help

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

But if you wanted to further improve your profile you could look at a boutique IB internship or something investing related early next year before applications close. I’m also assuming you’ve got some extra curricular experience you can talk about, if not that’s also worthwhile.

 

Velit dolor quia quisquam hic error aut. Excepturi consectetur quasi ducimus aut omnis sequi praesentium. Et debitis odio ut quaerat quae labore. Et alias tempore error esse quisquam. Magnam neque voluptatem aliquid ipsum facere. Numquam qui dicta occaecati perspiciatis dolor. Omnis fugit voluptatem sit voluptatibus rerum molestiae et repellendus.

Doloribus in rerum dolores harum rerum dignissimos. Ducimus qui ut explicabo earum repudiandae. Iste et veritatis modi porro sint voluptate. Voluptatum voluptatem architecto et in.

Quaerat recusandae dignissimos minus delectus et reprehenderit similique. Voluptates et harum maiores est eius porro. Facere ut quia vel mollitia ipsum quod veritatis. Aut eaque qui odit asperiores voluptatem. Distinctio placeat nulla doloribus est rerum quo quia laborum. Quo dolorum eum corporis cum inventore laboriosam impedit dolores. Corporis id soluta nulla et et.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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...”