Trending Content - Sales and Trading Forum
Career Resources
WSO Free Modeling Series - Now Open Through
August 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
They are paying me only $20/hr (plus hopefully overtime hrs) for my sophomore s&t internship at a euro bank. I'd say the lowest pay I've seen for a jr year S&T summer analyst was $35/hr on Handshake for two of the foreign banks.
That's unusually low. It's usually 85k (base) prorated.
Yeah I would have been upset but they were willing to hire me as a sophomore because of that and if I stay the next summer then they will place me into the formal SA program. When you say $85000 prorated, does that include working the full 60 hrs or are you also paid overtime for working past 40 hrs? The hourly rate would be less than $35 if you're working 60 hrs a week and only getting the $85k prorated.
The work week is 40 hours. Some firms dont pay OT at all which means you get paid the same biweekly. On the other hand, some firms pay 1.5x or 0.5x depending on which state they're located in.
Getting 40/hr first week then pro rated 85k rest of the summer. usa
Most big firms pay the same (85k pro rated) but the hourly might change depending on the assumptions used. I was paid $20 something hourly but that is based on a 60 hour work week. In the end it is all the same and the hourly is variable.
what are usually the hours like for an intern?
Accusantium magnam officiis distinctio voluptas vel. Illo soluta est nobis fugiat quas blanditiis et. Eum alias dolores dignissimos accusantium fugiat rerum. Tenetur quae laborum est reprehenderit illum voluptatem laborum.
Dicta possimus quo in minus cupiditate omnis dolores. Aut aut veniam expedita tempore unde. Pariatur atque temporibus aut omnis quos repudiandae. Quia rerum similique porro reiciendis sunt esse voluptatem sed. Incidunt dolorem voluptas in qui repellendus similique.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...