Late Bloomer Dilemma: Breaking into IB as a Transfer Student

Hello everyone,

Just had my first ib interview ever; it was pretty exciting. I am quite certain that I am not getting a second round at this time, but it was still a great experience. I got a good reality check as to where I currently stand and now I would like to ask my fellow WSO primates for some advice.

I just transferred from a community college to GT as a junior this semester majoring in economics. I previously did two internships in supply chain, worked in healthcare sales, retail banking, but nothing related to IB though.

I am noticing that most of my peers have already either signed their offers for the summer or have multiple superday interviews back-to-back. I, on the other hand, am still trying to figure out how depreciation going up by $10 would affect the financial statements.

To catch up, I have joined the student investment fund and got hired as a research assistant for a professor at the business school, so I am on track to strengthening my technical knowledge by the end of this semester.

The problem is that all the summer analyst positions will already be filled by then, so I will have to look for something else. I'm obviously going to continue searching until the very summer, but I have to be ready in case if I don't find anything. So, what would be my job prospects as a senior with 3 internships none of which are in the field? I noticed that most of the people transferring from CCs here end up taking an extra year just for the sole reason of improving their chances of getting a summer internship. What do you think about that option?
Last, can idiocy be cured? If not, what are the chances of breaking into the field as an idiot? Just asking... for a friend or whatever.

Just wanted to tag all the people that have been really helpful and supportive the last 2 years. I was wondering if you have an opinion on this, @dcrowoar", @RedRage", @HY.r.e.a.m", @Primeape14", @WidespreadPanic90", @Vegan Molester", @Abhizzy".

As always, all feedback is appreciated.

Thanks!

Best wishes,

Amrak

2 Comments
 

Local boutique banks or pwm roles. That's what I'm targeting right now. You can always start building relationships now.

“The only thing I know is that I know nothing, and i am no quite sure that i know that.” Socrates
 

Recusandae consequatur officia quasi voluptatem et. Illo consequuntur beatae voluptatem ducimus laborum libero. Quas dolore exercitationem atque omnis eos cum.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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

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...”