6 Comments
 

Yes it will reduce your chances, but you are not out of the running and still have a chance. If you are currently a sophomore you need to network right now as SA 2022 is currently going on. 

Also try and see if boutique banks near by are doing part time internships in the fall or summer that you can do, these helped me immensely and was the reason I was able to break in. 

 

not necessarily...you just need to fill your summer with SOMETHING good....not playing video games..not driving for doordash / uber.

you could be entrepreneurial and start a company painting houses and employ other high school / college kids (shows management experience)....or do other summer construction work...thats well respected..hard manual labor

you could also be a summer camp counselor...that always looks good...lots of senior bankers were summer camp counselors when they were in college....so its a nice thing to reminisce about (and a lot of fun)

just google it...you're welcome
 
Most Helpful

It depends on what kind of junior year internship you’re targeting. If you’re going for a highly competitive junior year internship that takes candidates on a national scale, you’re almost certainly not going to get selected seeing you are from a non-target. If you are looking for something more local (Boutique PWM, tax, etc.), I think you’re certainly fine and have plenty of time to be ready. Also, I wouldn’t just write off your sophomore year already. I know its May, but there’s certainly time to hustle and fine something at a more local level.

Array
 

Tenetur repellat ducimus quibusdam porro cupiditate impedit et sed. Quis corporis eaque quia quo optio dicta. Sed magnam dolor cum vero ratione dolor. Facilis vero et culpa ipsum exercitationem unde perspiciatis eos. Accusantium sed et modi temporibus aut.

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 (49) $260
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
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...”