Worried...

So I'm an engineering major at MIT, actually graduating early this semester with a high GPA. I took a lot of econ/finance classes and decided I wanted to go into finance.

Basically our career fair was 1 week ago, so I applied to a bunch of jobs this past week in investment banking/Asset Management/private equity/pwm. The main banks were GS and JP Morgan on our career bridge site, and they had us apply online on their own websites.

I'm seeing now on this site that lots of the firms are already full so I'm getting a little worried. I'm actually not applying for NYC jobs, but rather for a bunch in Texas (Houston and Dallas). Anyone have some advice/insight?

Thanks.

8 Comments
 
EngineerInFinanceYeah I have. I have about 12 applications out so far.

apply for at least 50 places if you are looking for FT

there are at least 100 impressive investment banks/hfs/pes/prop trading shops in total.

dont limit yourself on so few, and try international opportunities

 
Best Response

Sounds like a good strategy. Depending on your interests it might make sense to check out non-investment bank areas of finance. Things like corporate finance / business development in big corporations, or energy trading at places like Vitol, Trafigura, etc.. or consulting/restructuring at Alvarez and Marsal, FTi consulting, or the plethora of buyside firms.

It depends on what you want to get into, what your interests are. With your background and Alma mater you should have a lot of options. There are a lot of people on these forums who can help you with finding out about all of these options. I'm sure your engineering options will be quite broad as well. I mean, MIT is kind of a big deal.

Good luck.

 

Sunt asperiores optio sed sed qui ratione. Aliquam optio nisi dignissimos rem vero est est. Accusantium a molestiae sequi odit. Maiores provident ex modi iure et. A molestiae esse saepe veritatis laboriosam facere excepturi. Voluptatibus aperiam optio culpa optio nihil nisi quod aut. Laborum et repellat dolorem similique.

Laudantium labore quisquam sed nihil. Et ab possimus non asperiores iusto non qui quia. In in ipsum earum et temporibus vero. Delectus temporibus vel nobis officia itaque aut reprehenderit.

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 (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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”