New to these forums. Interested in pursuing a carrer in I-Banking. Where to begin?

Hello All,

As the title states, I am new to these forums, and wanted to write an introductory post! Some background: I graduated from UCSB in June '14 and majored in Economics. I was interested in pursuing a career in I-Banking back then, but did not land an internship over summer. Some time went by and I began working as a junior analyst/coordinator in entertainment/production (still employed). I was recently accepted into USC's M.A. Economics program, and I am most probably going to start in Fall of '15.

My biggest question/fear is the following: Is it too late to get into I-Banking? As in, am I too old (not in undergrad anymore). I do not know too much about the hiring process, but I am familiar with how important the initial internship is. One of the main reasons I want to go to USC for grad school is to have access to their job portal. I am sure firms will be posting about analyst internships and etc.

Will banks consider a candidate pursuing their masters degree in Economics? I am going to start cold-calling some boutique firms to try and get my hands on an internship, or even information about what I can do.

What necessary next step would one take if they were in a position like mine, trying to get into this industry?

Apologies for the long first post, but I am glad I found these forums!

Best, 996

3 Comments
 

Aut quod ab repudiandae officia non et sint. Qui velit quibusdam nulla sed. Accusamus fugiat commodi et vel eaque. Deserunt error et qui consequatur sit sapiente. Animi iure fuga ut.

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 (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”