How far can you go as a Summer Analyst?

I've heard that summer analysts are mostly powerpoint/excel monkeys. I also heard from a VP that summer analysts are held back by their own knowledge (most come in knowing nothing). 

I've got a year until my summer analyst position next summer and am learning in depth valuation skills (DCF/Relative) working for the student fund at my school. Additionally, I'll be three years older than the other interns. I'm confident that by the time I start I'll be comfortable modeling and can provide value. 

Does it even matter that I'll be coming in with this knowledge? Will they recognize that and allow me to step-up or will I just be relegated to doing the mindless tasks. 

How far can a Summer Analyst go? 

4 Comments
 

They wont let you step up. It's good to have for your own knowledge but they wont give you any responsibility where fucking up a model can blow up in your face and cost the company money.

Array
 

Depends on the firm, team and culture. There is a chance youll be able to step to the plate and there is a chance you'll be subjected to depths of hell with no ability to contribute. You should be able to figure this out through networking though. Keep calling around and talking to people to figure out what type of team they have. Had an alum who moved from GS to MS because of the better culture.

 

Accusantium dicta illo rerum dolorum. Itaque cum inventore dignissimos eaque. Sit non est reiciendis non. A sequi iste deleniti ullam sed. Blanditiis perspiciatis dolor in voluptates quos maxime tenetur.

Ipsa repudiandae non voluptate incidunt id. Voluptatem dolorem nemo amet corporis nobis qui sequi voluptate. Dolorem rerum et ipsa. Fugiat quis natus est laborum unde maxime.

Voluptas et laboriosam voluptas est minus aut modi. At ipsa pariatur quam ut. Odio officiis dolorum enim voluptatem deleniti omnis sit. Quibusdam sit beatae omnis.

Perspiciatis commodi illo est voluptas quam numquam vel eligendi. Vero non quisquam sint iusto dolore ratione commodi. Odit molestiae aut delectus animi perferendis.

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 (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
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...”