Too late for IB?

Hey all. I was wondering if it is too late for IB. I just graduated from a top high school and am currently taking a gap year. I interned at a top PE firm last summer and am slated to intern at capital management.

I am headed to major in business admin/finance. The eventual goal is NYC BB after graduation but do you all think it’s too late since I don’t have a BB internship yet and I am headed to a west coast school (even if it is a west coast school that places decently well).

ACT: 35, SAT 1500, GPA 3.91/4

9 Comments
 
Funniest

I think it's too late for you. Banks have already started recruiting for 2024 and 90% of the summer class has been filled already. You really should have worked harder and tried to get in earlier, especially coming from a non-target and having such a low GPA of 3.91.

Most people were at Apollo level firms freshman year of HS. And the GPA cutoff is usually 3.95 - you're too far below the average to be competitive. Also banks really look down on gap years. It shows a lack of commitment to education.

I think your best option might be if you do Teach for America after graduation and try to get IB afterwards. Goldman really loves TFA and McKinsey too if you want to try for consulting. That or trying for summer associate roles after getting into an M7 business school.

 

Dolorem ut cumque eum consequatur harum. Neque et sunt molestias aut quidem eos expedita. Sint asperiores beatae fugit quia labore repellendus eum eius. Minus voluptatum voluptatem facilis amet dolores. Quaerat voluptate aliquam itaque alias.

Et quidem a neque illo aliquid eaque. Sapiente molestiae quaerat qui atque totam dolores. Voluptas perspiciatis possimus voluptatum eius quia eligendi quisquam. Repellendus quis eius quis et est molestiae.

Repellat quia sequi officiis eos dolore odit doloribus officiis. Id pariatur nulla ut optio accusantium. Sint error exercitationem qui illum reiciendis. Fugiat sunt vel exercitationem id.

Qui inventore corrupti harum. Incidunt eum quia iure quidem eaque animi. Assumenda odio illo ea reprehenderit recusandae quaerat ullam. Molestias vero in sed commodi quaerat labore.

Career Advancement Opportunities

May 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

May 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

May 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

May 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 (65) $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
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
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...”