A few superdays but no offer, am I cooked?

gents and gals... I've been networking like crazy, talking to everyone that will reply and sending out email after email. I managed to get a few superdays but alas no offer - MDs tell me they usually dont take the follow up calls but like me enough to tell me that the offer ended up going to a lateral willing to jump ship. I have 1 internship at a middle market firm under my belt and graduated in May with a 3.7 gpa from a non-target school and gearing up for the SIE. For the entire summer, I have studied technicals like I'm dating Rosenbaum and Pearl. Guys I know at other shops and my professors tell me its a numbers game, but I'm lowkey starting to feel hopeless. All I need is one shop to say "come on kid, start running" and hire me. I have the willpower and legit pursued IB because of the grind but I dont know why my hunger isn't paying off. Its now August and I legit don't know what to do and all I want is a chance. PLS HELP

2 Comments
 

It sounds like you're putting in the work, but sometimes the process can feel like a marathon rather than a sprint. Based on the most helpful WSO content, here are some actionable steps to help you break through:

1. Expand Your Networking Strategy

  • Target Alumni: Alumni are often the most receptive to outreach. Use your school's alumni directory or LinkedIn to find alumni in IB and set up informational calls. Even if they can't offer you a role, they might connect you to someone who can.
  • Cold Email Strategically: Focus on boutique and middle-market firms that may not have as structured recruiting processes. These firms often hire on an as-needed basis, and your persistence could pay off.
  • Follow Up: If you've already spoken to someone, don't hesitate to follow up. A polite check-in can keep you top of mind when opportunities arise.

2. Leverage Your Internship Experience

  • Highlight your middle-market internship in every conversation. Frame it as a stepping stone that gave you real exposure to deals and the grind of IB. Be specific about the skills you gained and how they translate to the role you're pursuing.

3. Consider Unpaid or Part-Time Roles

  • If you're struggling to land a full-time offer, consider unpaid or part-time internships at boutique firms. These roles can help you stay in the game, build more experience, and expand your network.

4. Refine Your Technicals and Behavioral Prep

  • While you've been studying technicals rigorously, don't neglect behavioral questions. Many candidates stumble here. Practice articulating your story, why IB, and how your background makes you a strong fit.
  • Mock interviews with friends, mentors, or even professionals can help you identify areas for improvement.

5. Broaden Your Search

  • Look beyond traditional IB roles. Consider corporate finance, valuation, or even Big 4 advisory roles. These can serve as stepping stones to IB while keeping you in the finance ecosystem.

6. Stay Persistent and Positive

  • The advice you've received about it being a numbers game is spot on. Keep grinding, and don't let rejection deter you. Every "no" gets you closer to a "yes."

7. Prepare for the SIE

  • Passing the SIE will demonstrate your commitment to the industry and give you an edge in conversations with recruiters and bankers.

8. Assess Your Approach

  • Reflect on your superday performance. If you're consistently getting to the final rounds but not converting, there might be a specific area to improve. Seek feedback from those MDs or others you've networked with to identify gaps.

Remember, the grind you're experiencing now is part of what makes IB so rewarding. Keep pushing, and don't hesitate to reach out to your network for advice or support. You're closer than you think—stay hungry!

Sources: Freshmen: What to do during your freshman year summer, Would appreciate some advice, 5 Steps To Becoming A Rockstar Freshman (Undergrad Advice), Non-Target to MM IB: My Advice, You want a summer analyst offer? Here's how...

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

Facere voluptas consequuntur qui at dolor voluptas officia qui. Sit est itaque quo nesciunt et aut quia. Nulla voluptas quaerat perferendis molestiae illo nesciunt molestiae.

Aut ipsam quia ut suscipit itaque. Repudiandae rem consequatur quo nostrum cum.

Omnis quo adipisci consequatur molestiae. Est praesentium itaque qui rerum ipsa.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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...”