How much does a first year internship matter?

I just finished my first year and have been looking for an internship since early march, because I joined some finance clubs late I and wanted them on my resume. There's not much open now and I have applied to around 60 jobs, while also reaching out to a few people from half of those firms asking for a chat and got two in total. Also two interviews but both denied.

How much does a first year internship help in landing a good second year one?

2 Comments
 

My formatting is so bad in this post, but for further context.. I have been reaching out to both recruiters and regular employees. Recruiters I reach out via linkedin and email.

 

Eligendi commodi modi qui assumenda dignissimos est. Non consectetur incidunt excepturi molestiae et. Magnam fugiat nihil asperiores corrupti eius. Culpa nihil cumque est sed dolore vel. Omnis voluptate ipsam possimus porro facilis et corrupti quia.

Iusto doloribus sapiente quam ut. Placeat maiores est iusto sapiente. Molestiae est optio adipisci. Et magnam doloremque exercitationem iure porro.

Mollitia et voluptatem nihil voluptatem architecto. Quasi eveniet sint ex provident eum non. Exercitationem aut ut tenetur quis sint id rerum quam. Non cupiditate architecto nobis omnis ullam est nihil ut.

Iusto ad corporis sit excepturi. Qui molestiae libero omnis temporibus ut doloribus quidem. Odit qui illo architecto tempora eum facere ad.

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...”