Summer Internship Advice

Hey all, I'm a sophomore at a non-target trying to break into banking, and need some advice about which of 3 positions I should take for an internship over this summer. 

     1. Local boutique investment bank with small team (around 5 people) focused on M&A deals

     2. Local PE shop with about $1bn AUM focused on investments in lower-middle-market companies

     3. Decently well known investment management firm with over $1tn AUM

Which of these positions would look the best on my resume and why?

3 Comments
 

Honestly any one of these three will be great for junior year recruitment, so I’d say try to join the one you think you’ll learn the most from and also have fun.

But I’d stick away from 1, usually teams that lean are really hard to learn from by doing any modelling reps except you’ll shadow them all day long maybe!

 

All sound like great options. Assuming your learning opportunity/responsibility will be significant at all 3, since you want banking, I'd choose option 1. Easier to explain why banking it's because you did it, and loved it at option 1 firm. The other 2 are easy too but option 1 also give you the insight as to whether you really want banking or not. But you have to know which one will give you more responsibility and hence better development.

 

Totam excepturi corrupti explicabo deleniti qui. Voluptatem nulla magni provident suscipit perspiciatis facere aliquid. Officia tempore nobis dolorem debitis temporibus suscipit quidem. Ex in cupiditate et quae ipsum.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 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
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
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
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...”