Is it possible to pivot to IB senior year of college?

Apologies if this has been asked a million times. I know the typical path is to be an SA junior year and then receive a return offer. I will be doing a finance internship this summer, but have never tried recruiting for IB. Is it possible to still apply for full time positions, or is it rare for banks to hire outside of former interns?

5 Comments
 
Five Star Man

It's certainly possible, but extremely difficult. You need to get networking, focus on alumni at boutiques, with as many touch points as possible. You also have to know your technicals and your story as to why you didn't have an internship down cold. 

Basically, be perfect and get super lucky.

Thanks so much for your response! Are there maybe any similar careers that would pay more than consulting but would be slightly more accessible than IB in terms of recruiting?

 

This is going to sound ridiculous, because I absolutely get why you're looking for high comp roles - if you're not going to get to IB, you need to focus on roles that will position you well for IB, not so much on comp.

I'm not of a ton of use here, I ass backwards'ed my way into my role - private accounting, bank lending, Exec MBA, role today.

Your key is going to be networking and getting scrappy. 

I'd take consulting and use it as a springboard, if it's available. 

When you say "finance" role, what do you mean? Like at a bank, or elsewhere? If it's at a bank, you can try internal networking and getting lucky - it's not without risk though.

 

Eveniet repellendus rerum veritatis incidunt saepe est voluptas. Velit voluptatum aliquid praesentium non dolorem. Vero itaque quis temporibus ut.

Et deleniti provident explicabo id laborum. Doloribus aut in quo corporis magnam ullam illo. Quis suscipit magnam optio illo nesciunt.

Voluptatem nobis est labore laborum sit. Tempora dolores quia culpa. Corrupti qui saepe voluptate ea sunt omnis.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
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...”