Need Help - A fellow monkey

Hello

I am an Undergrad student in my final year of BBA from a well known college, hoping to get into IB (investment banking). I'm learning all the skills required such as financial modelling and analysis from Udemy. I am a pretty committed guy and I do research a lot about what I need to do. After doing my research I have been left with a bunch of questions rather than leaving with answers.

1. Why is the median salary of a 1st year Analyst in the USA $85,000 - $100,000 compared to India's Rs 3,00,000 - Rs 4,00,000? Why is there a drastic gap? What's the scope of IB in India?

2. Why is CA considered as the preferred to-go course here, while great courses like CFA, CPA, US CMA, CMA are barely recognized?

3. Like I've said I am from a fairly known college in India but why don't undergrads get proper internships? is it just me or is everyone facing this problem? The MBA students from the same college are getting awesome internships from great companies but why is it that when undergrad applies its just Marketing (Sales) internships from small companies?

4.(continuing 3rd point) Since the starting of my 2nd year I have worked really hard by completing many courses, learning modelling, analysis, presentation skills, even studying for my CFA Level 1 Exam. I've improved my resume in just about a year and I'm really proud of myself. But why can't I get a proper internship? I have done one internship on equity research but barely had to do any work. The other one I got is selling the company's product.

If it sounded more like a rant than advice seeking I apologize, as you can see I am getting a bit frustrated but I refuse to give up. 

Thanks

1 Comments
 

Molestiae sed cupiditate fugit et non. Adipisci error enim iste error asperiores hic quaerat doloremque. Magnam consectetur aut in. Enim nobis consequatur laboriosam necessitatibus nemo et quaerat.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”