Breaking into IB in Australia as an International Student

Hey guys, I'm an international student from India, and I'm in high school in the India. I'm looking to apply to schools in other countries because the investment banking scene in India is insanely competitive as compared to other countries. For starters you gotta prepare a exam (Jee advanced, just as hard as Gaokao) for 3 yrs, to get into top Indian unis-->no fo roles at undergrad--->Top Indian Mba, graduating at top 5 % and then maybe (50%chance) you might get a FO role. US seems inconsiderable for me, as i wasted 3 yrs prepping for this shitty exam and thus have no ECs, Can't go to Uk, as I can't afford that high fees (my family makes ~20k). Only option i have is Australia, as they do give scholarships and application process is relatively easier.  I have a couple of questions about Australia and I'd really appreciate it if you guys could help me get some answers.

  1. Though USYD and G of 8 are targets, but any of you who has attended such school, how is culture for Indian students, like do they face any racism, and what is internship to return offer ratio for internationals, how good are the profs??                    

  2. What exactly is the immigration system like for internationals to gain work authorization --> permanent residence --> citizenship? I've heard the US is one of the worst countries for an Indian to try and go through that system, but how is it in Australia? What about in comparison to the UK and Canada?

  3. What exactly is the IB scene like in Australia? How is the deal flow at most BBs (are all the BBs there)? Are they compensated well? How is the ladder up to MD at BBs and EBs? What are the exits like?

  4.  As an Indian what can activities can i pursue to get an internship??

This forum is an incredibly useful tool that has helped so many students like me and the culture of helping others and giving back is just beautiful. Thank you so much in advance for any ideas/advice/answers/suggestions that you can offer me!

1 Comments
 

Laborum corrupti quia voluptatem et eaque. Molestiae nemo voluptatem accusamus rerum excepturi aliquid. Vel nihil autem incidunt reprehenderit commodi. Cumque aut similique eligendi est.

Non laborum eius similique blanditiis minima consequatur sed. Non laborum veritatis quia rerum aspernatur. Placeat consequatur consectetur eveniet ullam explicabo maxime autem et.

Totam voluptatem voluptas minus iste commodi corrupti nemo. Est quia ut laboriosam sed. Consequatur voluptate facilis asperiores quo. Maiores odio ducimus quod tenetur sapiente. Veniam voluptatem eum consequatur dolorem.

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

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (72) $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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”