2020 SA Summer Housing

Hi! I have a SA internship (think GS/JP/MS) this summer but having trouble finding/securing housing. In my offer, it says I receive a one time payment of $1.5k (doesn’t specify that it’s for housing but I’d assume so) but summer housing in NYC is way more expensive than that amount. Do firms usually have some type of housing arrangement set up or am I expected to come out of pocket for housing this summer? If so, any recommendations on where to live?

7 Comments
 

It's just a signing bonus not specifically for housing or meant to cover it. Most people pay out of pocket (NYU dorms (may be full now), new school etc.) I'm personally doing an airbnb but I'd start looking now.

To live is to suffer, to survive is to find some meaning in the suffering.
 

Yes it was, in case anyone was in the same boat as me...get over your insecurities prospect!

 

Officiis hic ullam reprehenderit voluptatem iste dolores ea. Enim enim ipsum cupiditate quaerat. Placeat voluptatem sapiente facere aut id temporibus rerum.

Et qui velit quis fugit quam. Qui sequi voluptatem culpa ut quam.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.8%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
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...”