Is This the Week?

Isn’t this the week that banks have to inform both interns and full timers as to whether or not internships and full-time training are going to be in person or not? It’s going to be May 1 this week, which means we’re within 30 to 60 days of having to rent a place in a particular city… They have to let us know this week… right?

10 Comments
 

Following. I've been really annoyed with HR because they first confirmed virtual and are now saying potentially in-person. I just want a final decision please

 
Most Helpful

Find some roommates or use June Homes (used them last year) and get a place in the city now. Worst case scenario you are down 6k while having to work out of an overpriced room. Finding a place closer to your start date will be tougher, more expensive, or even unattainable – rent requirements in NYC are no joke.

Additionally, make sure to reach out to your team members. My team is planning to do a bunch of stuff with the interns that are in NYC (bias aside, this will probably give them a leg up – the ones that don't fuck up, that is). The way I see it, moving to NYC during the summer has an unlimited upside and a merely financial downside (6k is nothing compared to the certainty of receiving a return offer).

If everyone is online, things change a bit. But if you have the flexibility to relocate, even if optional, I suggest you do so. Interpersonal interactions, even when limited, can make up for the small mistakes that you will potentially make during your internship. 

 

Quos ut et repellat quia rerum occaecati explicabo. Nobis ea eum consequatur. Qui sapiente consequatur consequatur fugiat incidunt iste ea.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”