First Post-- Help with internship choice/career guidance (18 year old interested in IB)

This is my first post in WSO, and I am a senior in high school interested on pursuing a career in investment banking. I just turned 18 and I want to get an edge on my resume by starting to intern but I have a few questions--

First off, I am from California and my dad is currently a VP with Morgan Stanley. I could intern for him, but I believe that the way it works is that the broker you work for pays you personally for your service. He is fine with me working for him, but my question is: would it be frowned upon if my internship was for a parent? I am not yet in college, so I feel that it is an excellent opportunity; however, he says that if it would be better for me to work for someone else, I could work for someone else in his office. I would prefer to work for him, but if it is far better for me to intern for someone who I am not related to, then I will certainly do that--

Secondly, I would greatly appreciate any advice you all may have for someone in my shoes. I think I am going to major in finance, but I have not started my college career so anything that you wish you knew when you were 18/ anything you think would help me going forward (networking, majors, classes to take, etc.), I am all ears.

Thank in advance

1 Comments
 
Best Response

Quis mollitia quo optio repudiandae perspiciatis. Voluptatem beatae ipsam culpa vero. Voluptates voluptatem molestiae sed voluptas dignissimos. Nulla et omnis qui qui qui consectetur maxime dolor. Est ut modi quasi quas.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
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...”