Incoming University Freshman

Hello guys,

I’m in somewhat of a struggle here on deciding wether or not I should spend 1500$ to go for an investment Banking internship in a third world country.

The thing is, I’ll be going for my undergrad at a Canadian bschool (Ivey or Queens) this year and I can use all the help I can get. I cold called my way into getting an Investment Banking internship at a reputable bank in Pakistan, which is my home country(ofc no one from Canada or the US would have heard about the bank).

Below are the Pros and Cons that come to my mind.

Pros - I will get hands on experience before undergrad even starts.

  • In this experience I will be working with Senior Relationship Managers for pitching, doing research for the ER team, making presentations (PowerPoint+Excel) for pitchbooks and other important stuff. I won’t be doing coffee runs and the common SA stuff.

  • I can use this internship as a way to secure/leverage a first year internship and a good position at a reputable university club.

  • I can also get my hands on mostly any type of experience I want as the guy I cold called is an MD who would be willing to let me get my hands on real work.

Cons

  • Unpaid internship, total trip will cost me around 1500$ (which is doable)

  • Idk how reputable this would look? Based on the factors that it’s in Pakistan and it’s unpaid.

  • I don’t know how they would verify my internship, I probably will only have a reference number/email and can get a letter if requested.

I would really like to hear your perceptive on the matter and what I can do that would benefit me even more.

1 Comments
 

Laboriosam sed ut ut soluta sunt suscipit iusto. Magnam commodi voluptatem maiores.

Minus aut incidunt assumenda et temporibus. Quo consequatur eaque et distinctio et itaque sint.

Dignissimos dolores vel numquam voluptatem. Autem repudiandae deleniti officia laudantium.

Explicabo ab sed doloribus sapiente voluptas voluptatem. Est consectetur architecto fuga labore rerum. Qui aliquam et vitae. Asperiores reprehenderit sequi qui hic reprehenderit.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $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
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...”