Freshmen Year Internship

Hi so I am currently a freshman at a target school and am facing a dilemma for figuring out what I should do this summer. I currently have two offers for a summer internship this summer. The first one is in a neighboring city (about 2 hours away in Florida) for a global wealth management internship at a pretty big bank (not one of the BB but still very large). This is a great opportunity but I would have to live away from home for the summer. The position is hybrid so I would be able to come home for the weekends and some days. On the other hand I have an offer as an Accounting/Finance Intern at a small engineering company near my house. This will probably be one of the only summers I will get to be with my family and friends, but I don't know if I can pass up the opportunity. On the other hand I do get paid more at the wealth management position and will be home for part of the week. The ultimate goal is to get into Investment Banking in NY, but during this cycle a lot of my friends I have talked to have stated that less people have been getting NY IB offers. Is it worth it to take the wealth management position and will it help my overall application to a BB later in career?

1 Comments
 

Molestiae consectetur delectus maiores. Consequatur labore totam hic ut rerum. Porro vel dolorem aut voluptatem officiis vel occaecati. Qui provident sunt voluptate mollitia odit. Eum esse eius voluptatem voluptates incidunt dolor libero. Dolorem aperiam qui ducimus repudiandae officia.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 08 98.4%
  • JPMorgan No 97.9%
  • Goldman Sachs 02 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 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (53) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (15) $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...”