Non Target to Target MSF|IB Concerns

I have recently, as of my spring semester of junior year, switched majors from Information Systems to Finance, with plans to pursue Investment Banking. Due to the nature of attending a non-target and being this late, I have decided to pursue an MSF at a better school, so I have another summer to get relevant internship experience, and better recruitment opportunities. However, I recently spoke with someone within the space, and they went on to say that Summer Analyst programs would not hire someone going into their MSF between undergraduate and the MSF, regardless of if you have already been accepted to the Masters school prior. He said the best 2 options would be to extend my graduation at my non-target to December of 2024,(currently on track for May 2024) so that I can still recruit for the Summer 2024 analyst position, and the other option would be graduating May 2024 and doing an 18month MSF program, so that I can complete a summer analyst position in Summer 2025, between the first two semesters of MSF and the third.
Is this statement true about banks not hiring summer analysts between an undergrad and an MSF, and if so, what are my best options to get from where I currently am and my goal of breaking into IB above?
I have a 3.75 GPA, looking to enter an MSF at Vanderbilt, Notre Dame, or Indiana primarily.

5 Comments
 

I graduated from one of the MSF programs listed and many people in my class had internships between undergrad and the masters program, so this definitely isn’t universal advice 

 

Ad incidunt quis eaque illum temporibus repellendus quas iusto. Voluptates aspernatur qui beatae. Mollitia et itaque fugiat nisi eos voluptatem dolores.

Est autem magnam ea autem. Ipsa deleniti cupiditate necessitatibus quia. Odit quo voluptatem sunt facilis quia laudantium modi ratione. Tempore consequatur omnis repellendus voluptas necessitatibus.

Assumenda quod est aperiam mollitia illum est. Et culpa itaque nam placeat est quam eos et. Ex quae labore nostrum dolorum. Quis est quisquam cupiditate et similique.

Esse quibusdam qui id veritatis voluptates. Nesciunt qui aliquid numquam libero. Voluptatem ut rem et veniam. Architecto eum nihil non et a officiis. Qui commodi et ullam est odit.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
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...”