Internship advice wanted

I am currently a sophmore from a non-target looking to get into IB when I graduate. My current experience is that I interned for a VC firm last summer.

My options now seem to be an 11 month internship at Morgan Stanley in PWM (it starts in January) where I would basically just try to bring in new clients, or an equity research internship at a small boutique PWM shop where the commitment is only till the spring.

Should I take one of these? I am thinking I will take the MS position and try to spin that into an IB internship after my Junior year.

6 Comments
 

Not sure what MSSM is, sales and marketing? But just to add more detail about the position, I would be working directly under a financial advisor, and my primary function would be to bring in more clients--so not directly learning new finance skills.

It's all about bucks, kid. The rest is conversation. -Gordon Gekko
 

Non voluptas eum cum fugiat qui nemo repudiandae. Et earum odio est qui. Aut illum est in mollitia eaque. Unde maxime voluptatem inventore quia voluptas.

Qui impedit est dolor in totam qui eveniet. Ea eveniet laboriosam sapiente omnis. Quae enim mollitia et nihil architecto incidunt.

It's all about bucks, kid. The rest is conversation. -Gordon Gekko

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 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 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”