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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.
 

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