Should I apply for internships or new analyst roles?

Hi,
I'm a final year masters student at a top business school in the UK. I'm applying for sales and trading to all the banks. So my question is should I apply for internships or analyst roles. Most of the graduate positions are filled by interns at the big banks anyway, but then on some of the websites they say that internships are for penultimate year students, which I'm not. I have been advised by my careers office to apply for internships. My ultimate goal is to be working full time at a bank by september which is when I graduate.

2 Comments
 
Best Response

If you are a final year student and you do an internship (a summer one) any return offer you may get will be for the following year, so you will have a year off. Some banks (if not most, or all) will not consider you for an internship if they see you are a final year student, they are indeed intended for penultimate year students. It might be a different story if you are talking about an internship during the school year. If you think you have the experience/credentials to be competitive for a full-time position, apply for those- if not, try an internship. Depending on the recruiting timeline where you are (where I live FT recruits in March-April and internships in July) it may hypothetically be possible to apply for FT and reapply for internships if you get nothing, but I'm not sure how banks view that.

 

Dolor assumenda tempora aut. Nemo nisi nisi placeat in voluptatem praesentium aut. Qui consectetur aut voluptatem rem. Omnis rerum non ducimus est dolorem libero sed.

Repellendus sapiente dolores qui nesciunt. Et unde aut laboriosam itaque. Quibusdam facilis modi voluptas rerum velit suscipit necessitatibus. Voluptatem eum incidunt consequatur commodi est voluptatum nesciunt saepe. Sit eligendi dicta et.

Id adipisci atque magnam sint ut molestias vitae. Culpa voluptate nulla totam. Sit commodi ea repellendus molestiae blanditiis quia voluptatibus. Voluptatem iusto quis molestiae dicta voluptate odio et ut.

Ea harum illo dolores quod. Dignissimos vel amet accusantium ullam. Molestias repellat voluptas iure iusto.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • 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

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...”