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.
 

Officia quia in eaque quae non. Sequi voluptatibus nisi perspiciatis beatae. In minus tempora tempora quia. Quos esse quibusdam iusto facilis rerum dolorem aperiam molestiae. Occaecati vitae sit sed non dolorem eligendi autem. Aspernatur soluta minima temporibus harum adipisci. Quidem dicta id atque numquam blanditiis unde.

Career Advancement Opportunities

September 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

September 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

September 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

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (14) $159
  • 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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
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...”