How Do You Keep Going After Rejections?

As the title says, how do you keep going? I've just gotten another rejection to add to the pile. I'm an incoming Y2 at a semi-target in the UK, and so far, 0/73 springs, 0/29 summers. 

I've worked on my CV, formatted everything properly, I have work experience in a different sector before university, secured relevant society experience, gotten certs in everything I could possibly think of, tailored each CV to each role, each cover letter, division. 

Cold emailing firms for a summer, I chose firms with a low number of people, found analysts, connected, reached out, tailored each email to the right person and firm, researched deals, and at the end of my whole Y1, from September 2024 to September 2025, 0 experience. Everyone in LinkedIn, all ghosted. All I asked was for a short chat to talk about their experience. Not even an internship.

0 internships. I'm at a loss. How do you keep going? I might lose it if I have to sit through another 100 rejections to get an internship or even a job. All the firms I sent emails to said "We don't do short term internships", "We don't do long term internships", "We don't take interns" when I'm literally looking at someone on LinkedIn with "Happy to announce I'm starting a new position as Intern at [Firm Name].

Yeah, I'm guessing some of you might say choose another job, maybe finance isn't for me, and I agree. But it's all I've known. I've dedicated about 10 years now to finance and banking, not M&A. My aim was to get into FICC derivatives or ESG product structuring. But I can't even get into the door at small firms with all my knowledge, projects, extracurriculars and pitches. I'm so lost.

14 Comments
 

10Ys into dedicating yourself to finance and your only coming into 2nd year ???


Son you should have been cracking those CGP books so you could have got into a target

 

I'll ignore the part about you dedicating the last 10 years of your life to finance even though you're 20. Maybe if your parents are/were in finance and basically were reading you the FT as a goodnight story then maybe I'd believe you, but I digress.
I am also in a similar boat, but I am a 3rd year, so I'm pretty much fucked for the next couple years.
I'm basically numb to it at this point. I haven't sent an application in believing I would get an interview for the past 6 months. 
I don't really have any advice that's gonna be unique. I basically just am going through the same rinse and repeat cycle. Coffee chat, apply, wait, reject, and move on. I don't sleep well at night and the stress definetley has ruined my mental health but I figured I rather send 500 apps in and get rejected than send 200 and leave stones unturned. 

 

Have you tried the phone?  I'm in sales, and while other methods work, the phone is still a good way, especially with larger firms.  Also, I attend local meetings of a finance group (this is in Toronto), they welcome students.

 

I got my first internship (unpaid) through a mentor/friend who was two years above me during my first year of college and got my first paid internship after ~150 cold emails and a shit ton of first rounds. Second paid role took 10 cold emails. It's just luck and numbers and luck.

 

Ipsam quos laboriosam voluptas. Eaque omnis aut voluptas voluptatem magnam.

Eius minus itaque autem sed saepe ea architecto. Excepturi aliquid sit laborum ut error culpa excepturi. In et iusto et et voluptas soluta.

Quia mollitia voluptas optio autem. Libero ratione ea quia fugiat consequuntur dolores asperiores. Nihil cumque autem fugit eligendi quasi occaecati. Laborum quis id repellendus dolores quia. Repellendus sit consequuntur ut beatae eos consequatur dolores beatae.

Quia odio et et. Suscipit consequatur quia eum maxime repudiandae modi. Et qui incidunt omnis reprehenderit velit.

incentives trumph ethics

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $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
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”