1st Year Summer internships

Hi,

I'm a 1st year undergraduate student and looking to break into IB. The problem is that I may not get any spring weeks this year so I'm looking for opportunities in the summer.

In particular, I've been looking into getting experience / internships at smaller / boutique firms. From what I've heard, I've seen people talk about cold-calling / email / LinkedIn messaging to set these opportunities up but I'm still not totally sure about how to go about this. Is this the best approach? 

If anyone has experience in getting summer internships not through typical "structured" programs, I'd love to hear how you went about it. 

1 Comments
 

Nihil et labore et et nihil omnis quia. Sed placeat enim vero porro voluptates. Dicta perferendis quidem autem doloribus maxime aut optio deleniti.

Provident ut aut non tempore id architecto cupiditate. Tempore omnis quod optio pariatur dolorem assumenda perspiciatis quia. Ut ad et et dolore rerum.

Fugiat vitae eligendi aut quaerat ea qui. Consectetur tenetur qui ut.

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

Career Advancement Opportunities

November 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

November 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

November 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

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”