What to do during your MSc degree for I-banking?

I am doing the MSc in Finance and Accounting at LSE next year, the program lasts just a year. What should be my next step (and when should I take it) to get into I-banking (most likely London). Should I just wait for fall quarter, and contact the career service at LSE? Should I start busting my sweet arse this summer, and try on my own to fine some sort of connection?

Also I never had any I-banking experience per se, I interned for a stockbroker as well as the US commercial service but that's it. What type of entry job should I look into? Somebody mentioned a summer associate program in a previous post of mine; what does that exactly entails?

2 Comments
 

I have the feeling that you don't know much about investment banking careers, otherwise you'd definitely know that summer associate programs are summer interships for MBA students (NOT MSc students!) between their 1st and 2nd year. Please browse through the banks' recruitment sites before asking these obvious questions.

As far as your recruitment concerns: first decide for yourself whether you'd like to strategically apply for summer internship (and if you succeed, try to join half-way during the year) or graduate positions. If you opt for the latter, you'd have to go through the regular graduate recruitment trajectory like anybody else except fast-trackers.

 
Best Response

Tenetur a esse quasi magni incidunt iste asperiores. Veniam suscipit est cupiditate doloremque sed neque. Id odit ut aspernatur pariatur aut officia eveniet. Accusamus qui aliquid eum numquam adipisci est sed.

Consequatur iure quod doloremque omnis saepe velit aut voluptas. Aut quia ducimus et doloremque. Fuga aut ex pariatur neque quidem maiores numquam.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
dosk17's picture
dosk17
98.9
10
Mimbs's picture
Mimbs
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...”