What are my chances of getting into an MM bank?

Hey guys, I am a non-target rising senior with a 3.4 GPA looking to break into IB. This summer I have been doing a PE internship where I haven't done much modeling between 1 or 2 DCF's. I did a lot of research and sourcing and this fall I will hopefully be an M&A analyst intern at a M&A advisory firm specializing in the lower middle market. I am trying to break into IB in SF, specifically within healthcare or tech as that is what the firm I am working on now focuses on. I have been networking and have had a few phone calls, but not much time this summer to visit SF since I am in SoCal and am working two jobs.

Do you guys have any advice for me or someone in my position regarding breaking in to a MM bank?

2 Comments
 

One of the best things you can do is make that trip to SF. Meeting in person goes a lot farther than emails and phone calls, and I think that's something that would really make you stand out as a candidate.

Do everything in your power to get your GPA above 3.5 - that's a cutoff for most banks. That's not to say you can't get around it by networking hard, but it'd make your life a lot easier.

 

Exercitationem ut ipsum et recusandae quaerat itaque pariatur. In quos ducimus ea numquam repellendus fuga. Tenetur a dolores totam qui. Non ut aspernatur sunt et et non. Exercitationem nisi fugiat est ipsam.

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 02 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 (16) $429
  • Associates (57) $264
  • 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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
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...”