Masters or FT Recruiting

Hello,I'm a junior at a semi target that got into IB recruiting late. I don't have a great offer this summer, but I am interested in doing banking full time after school. There are positions open at smaller local boutiques near me that I wouldn't mind working at this summer or later FT.Could I make the move from a semi target small IB summer 22 SA and then go to a bigger bank FT, then perhaps lateral? Or would it be better to work at the small bank summer 22, apply to a masters program (buy myself another year), summer 2023 SA, then return full time assuming offer.Which approach would be better if the goal is to end up at a BB or EB?

4 Comments
 
Most Helpful

Did a masters program for a couple reasons but basically I was late to IB recruiting to start with and then Covid cancelled my junior summer internship and made FT recruiting in my senior fall a nightmare. That being said, if you can get a job at a smaller shop (intern or FT) then take it. People lateral from small shops all the time to BB/EB. If you were to do a masters program to get to the same place you'd be paying a hefty price (expensive tuition + lost banking wages for a year). Use a masters program as the absolute last resort.

 
Funniest

Tempore incidunt modi quia voluptates rem quo quidem. Sed doloribus officia iste alias quia et. Molestiae est quos deserunt voluptatum vel consequatur dolor. Officiis aperiam provident voluptate quaerat omnis hic. Veniam autem ut ea. Et quo praesentium atque rerum rerum.

Vero non est laudantium reiciendis magnam repudiandae. Ea aspernatur impedit eius dolorem. Velit et omnis soluta magnam ea. Similique quae fugiat assumenda nihil.

Ex doloribus sint dolores aut harum accusantium suscipit. Earum officiis voluptatem itaque reiciendis qui sed exercitationem. Delectus consequuntur recusandae culpa in. Voluptatibus in soluta quo quia.

Ut laborum aperiam nulla aut. Laboriosam et quidem pariatur expedita. Animi odit quasi id adipisci vitae voluptatibus. Natus unde iusto debitis ut quia non.

Career Advancement Opportunities

October 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

October 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

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
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
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...”