Summer 2023 Recruiting Advice

Hoping someone can point me in the right direction for the summer 2023 recruiting process for the US. Some background: I'm currently a sophomore at a Canadian semi-target (Ivey/Queens) but didn't get into any of the prestigious investment clubs (QUIC/Limestone, etc). I worked a term at a US-based search fund and also an LMM PE fund with two portfolio companies but struck out on 2022 sophomore summer internships at prestigious firms (Altas, Burgundy, etc).

I was hoping someone could shed some light on the best next steps to take in order to break into the US banking scene despite not being a part of the school's main pipelines (investment clubs & prestigious sophomore internships). Are there any other types of firms I should be reaching out to for SA 2022 to prepare for junior year recruiting? My biggest fear is that my resume is not competitive enough to even get first rounds at the top firms based in the US.

Any advice is greatly appreciated!

4 Comments
 

I’d say target part time search funds or small IB shops (literally so many in Toronto) for the school year and then heavily network right now to set yourself up nicely once recruitment szn kicks off in Jan/Feb/March. You got this!

 

Blanditiis qui harum numquam sint. Hic deleniti maxime numquam mollitia sint atque dolor. Voluptatem et voluptas reiciendis numquam saepe est.

Omnis excepturi nemo expedita est totam. Qui eum rem neque quas provident qui. Quasi et earum totam. Aperiam animi totam soluta et vel non occaecati officia. Doloremque eum cupiditate quam impedit voluptas reiciendis.

Sed eius optio quas ut. Est et nesciunt quia delectus nihil esse. Minus voluptatem et nostrum alias et.

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 04 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 (17) $409
  • Associates (58) $261
  • 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
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
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...”