MBA Non-IB FT recruiting after IB Summer Asscoiate

Current MBA student joining a top bank this summer (GS/MS/JPM/EVR) as a summer associate.  I am fully prepared to accept the reality that banking is not for me, and want to get my ducks in a row before the summer begins.  Curious to hear anecdotes from anyone who did a summer associate gig and successfully re-recruited for something else in the fall.  Are companies eager to poach those with IB internships/do LinkedIn recruiters reach out during the summer?  When is a good time to start reaching out to companies/recruiters?

5 Comments
 

Not an MBA Aso but will chime in. I'm guessing re-recruiting will heavily depend on your pre-MBA experience since most will sort of discount the summer gig. I've seen people jumping to PE from summer Aso so this might be an option for you. One thing I'm curious tho, you say you're ready to accept banking is not for you (even tho you haven't actually worked as a banker yet) and it seems you have made your mind already about recruiting again. If that's the case, why did you decide for IBD summer internship instead of looking at another career? Generally, you should showcase strong conviction for your choices at the Aso lvl.

Laborare Pugnare Parati Sumus
 

Perhaps I was drinking the Kool-Aid thinking 70-80 hr weeks were the norm and logging in from home after 7/8pm was acceptable.  But after what's come to light over the past month (GS 13), it seems like the risk/reward profile for 2-3 years in banking post-MBA has shifted for the worse. 

 
Most Helpful

Alpina

Perhaps I was drinking the Kool-Aid thinking 70-80 hr weeks were the norm and logging in from home after 7/8pm was acceptable.  But after what's come to light over the past month (GS 13), it seems like the risk/reward profile for 2-3 years in banking post-MBA has shifted for the worse. 

Makes sense. Even pre-GS13 the risk/reward profile for an MBA Aso was completely different from that of an analyst. You will sure avoid the Analyst slavery and be closer to the VP promotion - not that life will get drastically better but still - however, joining at this level usually means you want to stay for the long term so if you think this is not for you (and confirm it through the internship) then you need to start crafting an appealing story (why not banking, why switch to x career etc.) and start recruiting/networking for your next move.

Laborare Pugnare Parati Sumus
 

Exercitationem inventore et quam velit nesciunt facilis. Odit nobis ratione sit voluptas. Ut ut repudiandae dolor ipsum voluptas laudantium. Rerum velit assumenda aut omnis quae.

Ut ea aut ex praesentium commodi. Quis commodi et explicabo eligendi velit. Aut veniam natus assumenda aspernatur suscipit minus. Blanditiis dignissimos saepe et iure suscipit animi architecto accusantium. Nihil labore minima autem et sapiente dolore vitae.

Career Advancement Opportunities

November 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

November 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

November 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

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
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...”