Junior Year HF Internship?

This is probably a batshit stupid question but here goes: I was supposed to intern at a decent HF this summer (of my sophomore year) but the COVID-19 situation in NYC threw a wrench in it, and they extended me an offer for next summer, my junior year. I want to break into IB, but the only thing I have going for me is networking (no freshman internship). Should I accept the offer? I wanted to bag an internship at a shop where I'd get hired but these people don't want a scrappy undergrad. Thoughts? Would an HF internship junior year leave me in good shape for post-graduate prospects?

5 Comments
 
 

I ended up interviewing for a bunch of sell-side research roles & ended up taking one at a BB. I realized that's what I want to do anyway so I might as well start off with some job security out of one of those programs, rather than rock the high-risk high-reward path of going to an HF junior year (they maybe would have taken me as a trading assistant afterward but that wasn't a lock). I still want to hop over to the buy-side at some point but I really just wanted the job security. That said, if you go HF & they don't sauce you an offer then it still looks great on the resume. 

 

Non inventore rerum quos et sunt. Repellendus voluptatem error minus doloribus eos. Officia hic beatae laudantium voluptatem. Molestiae deleniti itaque aut dolorem.

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 (56) $261
  • 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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
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...”