Undergrad newbie with questions about internships

First, a bit about me (I apologise if this comes across as too vague or too much of an essay, this is my first ever post on this site):

19, M, Sophomore @ University of Nottingham (UK), Business with French and Spanish.

All A's and A*'s at GCSE and A level (Geography, History, English Lit., French), which I'm guessing is 4.0 GPA.

Previously interned at a law firm and a Media/PR company in London, spent this summer working for a medical communications company. Planning to set up an online business with a close friend this academic year.

Sadly I only recently adopted a real interest in finance and squandered a lot of opportunities in freshman year to network, join societies and committees, etc. related to finance or attaining "positions of leadership" which I understand banks look highly upon when looking at an applicant's experience and ECA's. My interest was aroused mainly by FX and stock paper trading which I took up this summer.

A few questions I have are:

- I never took Maths A level and my degree is non-mathematical/quantitative. Will this hold me back from securing an internship at a BB or Boutique? The areas I'm interested in arte corporate banking, investment banking and equity research

- To compensate for my relatively indifferent freshman year I am going to try like hell to compensate by participating in societies such as SIFE (Students in Free Enterprise), AIESEC (Association Internationale d'Etudiants en Sciences Economiques et Commerce), and of course the financial society. Is active membership in these considered to be highly regarded, or are you needed to be a part of the committee/in a role of responsibility in order for employers to be impressed?

- Is off-cycle internship competition as fierce as positions for sumer analysts? I have a year abroad as part of my degree and think this would be an opportunity to get some financial working experience.

- Given my situation (non-quantitative degree, no previous financial work experience, not an Oxbridge/LSE/Imperial undergrad), would I be better working my rear end off in my degree and in work fields outside of banking to get into a top MBA school and then try to enter at associate level?

Apologies if I appear condescending/ignorant at any point, as mentioned I am very new to this site and to finance in general and have yet to get a grasp of the lingo, culture etc.

1 Comments
 

Aut sed laudantium eos quis odio eaque et. Inventore reiciendis ab impedit autem cum in tempore.

Minus ut quas est perferendis laboriosam. Consequatur et aliquid consectetur asperiores id dolore in. Ab tempore officia nesciunt vel voluptas dolores voluptas. Nihil rerum iusto officiis ut. Quia amet amet sint eum tempora officia.

Quae in aut dicta voluptas voluptatem veniam. Consequatur et facilis aut ex.

Corporis non aliquam velit blanditiis quia optio et. Illo esse magnam consequatur non quae numquam. Eaque porro neque labore aut reprehenderit earum incidunt.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 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

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • 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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
DrApeman's picture
DrApeman
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
CompBanker's picture
CompBanker
98.9
10
bolo up's picture
bolo up
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...”