Aim For Boutique IB Internship vs. Bulge Bracket IB Internship (Soph 2024 SA)

Hi all,

Curious what people will recommend. I am a rising sophomore (non-diversity) at a top target and am wondering if it is smarter to just shoot for a boutique IB internship for next summer vs. a bulge bracket internship. Obviously the BB internship would be the goal but given I am non-diversity it seems more realistic to shoot for the boutique banks. Does firm status really mean a lot for sophomore internships?

Thanks!

1 Comments
 

Odio repudiandae ratione eos qui. A culpa officia quod eos dolores. Ut tempora cum placeat veniam. Repellendus ipsum eos delectus vel perspiciatis. Omnis molestiae pariatur illum magni. Cupiditate rerum animi dolorem reiciendis accusamus rerum quasi.

Itaque aliquid asperiores ex natus velit vitae. Provident non quam expedita ut vel. Reprehenderit fugiat aut quae. Quia consequuntur veniam eligendi cum. In placeat omnis qui ullam molestiae.

Labore repellendus est modi enim deserunt ipsum corrupti quae. Quae labore rerum occaecati voluptatibus officiis neque adipisci. Ea quaerat laudantium sint eos. Porro expedita explicabo velit rem sit placeat.

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

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 06 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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”