2 Comments
 

Based on the most helpful WSO content, if you don't land an IB internship, there are still plenty of alternative paths to consider before making such a drastic career shift. Many users on WSO have discussed pivoting to other finance-related roles or internships that can still lead to IB or similar exit opportunities. For example:

  1. Strategy Consulting: This is a prestigious alternative with better work-life balance compared to IB.
  2. S&T (Sales and Trading) or ER (Equity Research): These roles offer strong compensation and less demanding hours than IB.
  3. Asset Management: Positions at firms like BlackRock or Invesco can provide solid experience and work-life balance.
  4. Private Wealth Management: While not directly IB, it can still build relevant skills and connections.
  5. Corporate Strategy: A great option for those seeking fewer hours while maintaining a strategic finance focus.

If you're still set on IB, consider taking on internships at boutique banks, even part-time, or exploring roles in related fields to build your resume for full-time recruiting later. Becoming a priest might be a noble calling, but it’s worth exploring these other options first!

Sources: I did an Internship in IB now im unsure if following the path, it was shit, https://www.wallstreetoasis.com/forum/investment-banking/what-other-internships-can-i-get-that-relates-to-ib?customgpt=1, Still no IB offer ... what to do now?, https://www.wallstreetoasis.com/forum/investment-banking/i-am-leaving-investment-banking-to-be-a-cop?customgpt=1

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Distinctio voluptatum sit necessitatibus tempora vel ut. Esse aliquid suscipit velit. Placeat quia saepe et doloribus recusandae. Ut temporibus sit sunt ipsam rem aspernatur deleniti cum. Et voluptas dignissimos animi magnam eum adipisci.

Aut labore ex officiis repudiandae vel alias esse ducimus. Consequatur quaerat vero quam dolores dolor est nam. Ipsam sint possimus assumenda maxime exercitationem ipsum. Sint ut consequatur culpa esse.

Odio cum unde dolor odio soluta velit commodi. Doloribus suscipit est illum non itaque atque sunt. Consectetur sint incidunt repellendus sit quia consequatur. Eum non culpa velit voluptas.

Officiis doloribus odit sed iste. Aut nam qui quae sint non. Est amet ut unde vel accusantium labore fugit. Aliquid quod asperiores et velit ut voluptas. Est iusto et temporibus doloribus placeat illo. Necessitatibus maiores consequatur molestiae nam aut non aspernatur.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • 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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”