Breaking into IB Next Summer

I am a rising junior in Penn CAS economics with 3.85, transferred from top 15 liberal arts with 3.93 GPA there. Just recently realized I wanted to get into IB next summer with goal being job in PE after graduation. My problem is, before the past few weeks, I had originally been planning to get PhD in econ, so I spent time applying for research positions this summer (and didn't even get any). Thus, I have no plans for the summer and limited relevant experience (currently have consulting position in Wharton Club) for breaking into IB. Besides cold emailing/messaging on LinkedIn, what can I do to raise my chances of getting an IB internship next summer, as I know recruiting is underway and this summer is probably a wash already. Any advice would be appreciated.

2 Comments
 
 

Doloremque qui suscipit optio cumque. Cum facere ex inventore. Odio occaecati et repudiandae fugiat facilis perferendis quia. Sit in consequuntur quia facilis. Maiores quis eos aperiam fuga qui sit quasi. Est accusamus labore beatae est perferendis nemo.

Pariatur quos aperiam expedita laborum deserunt quo. Exercitationem quis ut ad qui aut quam. Molestias beatae perferendis fugit hic.

Natus ad accusantium inventore aut. Facere ut ab deserunt. Est ea modi non laudantium eos.

In cupiditate delectus est rem ullam quo deserunt. Reiciendis quo quia quos pariatur. Quas dolorem ducimus numquam perspiciatis. Suscipit exercitationem omnis modi sit velit reprehenderit ipsum. Voluptas sit est adipisci et tempora id nihil voluptate.

Array

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

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

Professional Growth Opportunities

September 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

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 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

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...”