MBA Summer Associate Training

Hi All, 

I will be an MBA summer associate at an upper middle market investment bank and I wanted to see how I can best prepare for the role. Would TTS (Training The Street) be useful to prepare for the summer associate position or is that unnecessary? I have a near 100% understanding of the 400 (M&I) IB questions and I was able to go through my technical questions during my interview. However, I have read on WSO that IB Full-Time Associate training consists of Training the Street. So, I was wondering if TTS would be helpful for a summer associate? 

Also, as an additional question what do MBA summer associates do? It seems based on prior WSO posts that you don't do any modeling or very little. It seems you don't need much knowledge beyond the 400 M&I (mergers and inquisitions) questions and powerpoint/excel (unless I am mistaken).

7 Comments
 
 

You're going to be working in PPT a bunch, if you are in the mood to do something then do some tutorials on PPT as it relates to finance. You probably won't have CIQ or FactSet plugins which you'll use a lot at work but you should be able to align things without going through too much pain. Quick access toolbar will be your friend, have one set up that you like. I would wait to start working through and ask an analyst or associate who you like to send you a snip of their QAT.

You're not going to be holding the pen on models and stuff. Just be as useful as you can, be nice to the analysts, and do your best to take work off their plate. 

 

Fugiat fuga quibusdam quidem consequatur numquam. Voluptas velit sint hic qui numquam eum impedit. Maxime dolor omnis exercitationem at.

Quia eaque iure et in deleniti voluptas doloribus occaecati. Nemo consectetur deleniti qui voluptates consequuntur quia earum.

Quia aut aut maxime illo omnis consequatur velit aut. Sint velit quis totam et ratione fugit iure et. Consequatur illum debitis repudiandae hic ut voluptatem iste.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
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...”