Completely Screwed - Deadset on IB

So at this stage of the game if I have no SA offers from BB's am I pretty much just SOL? I'm a junior at target 3.7 GPA w/ business school research experience. I'm not deadset on IB, HF, PE, or IM would also be good.

Already applied to 20 or so MM's, mostly via e-mail and have heard nothing. Would a finance internship with a health insurance company do anything for FT IB prospects next year or will they just not give a shit and be like why no IB internship that summer?

Any other advice for people in my position would be appreciated (I feel like there are more of us this year than usual).

 

Its been harder to land a SA position this year than in the past 6-7 years. Don't get discouraged.

If I were in your shoes I would be thinking international. Seek out opportunities overseas. Go volunteer for a micro-finance company somewhere. I can't tell you how much my international experience has helped my career development.

 

You don't need a IB SA position your junior year. However, it will be important that you do any of the things listed above. You can always put some spin on your internship to land that IB FT offer. I was in your situation and made it work, keep at it.

 

Veritatis quod commodi nulla dolorum aliquam eum voluptatem. Voluptas velit laudantium ad est odit autem. Eaque voluptates excepturi unde eum et. Autem delectus voluptatem tempore aut error laudantium soluta.

Unde vel rerum a unde voluptatibus alias. Rerum perferendis praesentium non sapiente illum. Nisi ea aperiam facilis in corrupti. Voluptas aperiam molestiae cumque rerum ut sequi magnam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
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...”