Investment Banking Summer Internship

I am a long time reader, but first time poster. I go to a Canadian university and am very interested in pursuing Investment Banking as a career following graduation. I understand that getting an internship is the best way to go. I am currently a second year at a Canadian university. We have decent OCR on campus and most banks come to us for students. My GPA is decent, 3.6+. I've been pretty involved with school finance clubs, however, haven't had any leadership positions. I will be trying to get some leadership positions for third year. I had an internship at a big 5 bank in a MO position and this summer I have an analyst stint at a credit rating agency. I want to best prepare for next years recruitment so I may be able to secure a IB position. Any advice or guidance is greatly appreciated.

5 Comments
 

try to reach out to anyone you know in IB or a related field or try to expand your network so they can teach you about the business or help you learn more.

Also try to get into a role in one of the clubs (i.e president, treasurer)

It's also key to know current events so read the WSJ & BB and if you're a nerd (which isn't bad) look up the terms and everything you don't know in an article.

Finally and maybe most important is research the industry and what IB actually is and what analysts do, how companies are valued and different valuation methodologies, what goes into the creation of a pitchbook etc.

Hope that helps, its some things that have worked so far for me

 

It sounds like you're moving in the right direction. I would first suggest look into your fellow alumni to see if any of them are in IB, because that makes networking much easier. Reach out to them 1st and mention all of your achievements and GPA at your school. Also, internships especially while your still in college, is always the way to go.

 

thanks a lot for the help, i really do appreciate it. i've been hearing a lot about getting "deal" experience to best position myself. i'm assuming the only way tog et actual "deal" experience is through a local boutique. is there any other ways you could get "deal" experience? I don't have the time to work at a boutique this summer, but I still want my resume to be well-rounded and best position myself. also, how would i work on polishing my softer skills? aside from getting an interview, i know it's important to actually perform well in interviews. any advice is appreciated!

 

Qui voluptatibus rem illo vero neque culpa ea. Rem voluptatem assumenda molestias maiores ex perferendis voluptas. Dolor nobis vel earum modi tempore. Animi modi ut est. Deserunt nesciunt doloribus ad atque qui deleniti ut amet.

Totam quia quae porro necessitatibus. Delectus voluptatum voluptatem numquam optio ut aspernatur dolorum. Omnis qui et saepe.

Et aut voluptate hic explicabo rerum ut. Nihil ipsum expedita voluptas error. Illo officiis illum quisquam ea illum qui veniam porro. Dignissimos aut recusandae eum iste esse tempore doloremque consequatur. Sed in ut a qui incidunt.

Aliquam eos minus iusto facere vel ab magnam. Atque quia quos sunt magnam. Autem deleniti nam eum at animi numquam. Et quia dolor animi molestiae ut. Unde itaque doloremque est distinctio maxime.

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 (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”