No summer internship. Best alternative routes?

Hi everyone. After not getting summer internships what are the best alternative routes into IB? I'm in the process of applying to some grad schemes (about to begin final year of uni) hence why I'm writing this post. I've contemplated two routes: 1. Get a job straight from uni, get CFA then maybe do a MSc down the line 2. Go for MSc, try again for summer intern, then go for grad scheme, CFA, etc Although I didn't obtain a summer internship that could launch me into a full role. I have previously spent a month interning in a well established PE house, a week at an AM and a week here or there at other institutions. To clarify, these previous internships were purely for experience, there was no return offer available. I'm also learning more on machine learning and financial modelling to increase my skills. Have any of you been in similar positions before? Any advice on what to do?

1 Comments
 

Ipsa explicabo qui accusantium architecto saepe et cum. Laudantium qui sit qui velit id. Facilis ea ratione eos incidunt tempore voluptatem at.

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 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 12 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 (79) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
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...”