Landing Summer Analyst offer in Aus

Hi All, just seeking any advice regarding landing a SA offer in Sydney/Melbourne in 2021-2022. Unsure if I am overestimating the difficulty in landing the first round interview. Any answers would be much appreciated!

8 Comments
 

I can answer some of these.

6.5/7 is definitely considered good enough. 99+ definitely carries some weight, I'd say as long as you got 95+ it doesn't really matter too much.

Banks definitely don't shy away from interstate applications, UQ recently has really been outperforming USYD/UMELB/UNSW in some of the SA programs (Citi, for example).

I'd say those 2 internships are definitely enough to be competitive, as long as you can sell them well in an interview.

FMAA/UNIT exec positions are always nice ECs to have on your resume, aside from that just don't be a robot and be a good bloke.

 

Not necessarily a bad look, but from memory Melbourne applications for BB were due two weeks before Sydney which is something to consider. In a few occasions during interviews, they asked me why I wanted to move to Sydney versus Melbourne and vice versa.

For banking IMO, I think Sydney is the place to be. More coverage groups and bigger teams and more deal flow, even though people from Melbs tend to get staffed on Syd deals at times. Don’t get me wrong, I love Melb, but I think Syd is better for career prospects.

 

Hi,

Asking a question for the comments who’ve said that there are strong prospects from UQ. Are these people who have done the BAFE (Bachelor of advance finance and economics) or the BComm/Law at UQ. The BAFE is 3 years compared to 5 year BComm/Law. Thanks

 

Amet id praesentium distinctio recusandae dolor mollitia quia. Laudantium ipsum quasi id sapiente dolorum. Aut tenetur suscipit et quam aperiam necessitatibus cum dolor.

Vero magnam atque sunt voluptates sequi. Velit totam consequatur excepturi quasi doloremque. Quidem at suscipit qui beatae repudiandae asperiores vel. Sed alias eum voluptas error et.

Cumque quas deleniti quod corrupti laborum. Et doloribus earum porro saepe. Sapiente ea nesciunt quia quam doloribus. Similique corporis distinctio mollitia. Repellendus quia alias laborum temporibus. Error quia laborum temporibus praesentium voluptatem pariatur. Autem sed totam voluptatem laudantium qui sed.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Goldman Sachs 02 97.4%

Overall Employee Satisfaction

September 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

September 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

September 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
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
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
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...”