I'm not doing PWM the summer after freshman year. Am I screwed? What do I do?

I'm currently a freshman who's gonna be a revenue analyst this summer. I've talked to an MD from UBS willing to give me a PWM internship next summer, but I was told that PWM is what I should do freshman summer, and that I should be doing PE/VC/IB my sophomore summer if I want to do IB junior year summer and progress to FT. What options should I be looking at next summer and what should I do right now?

Thanks!

7 Comments
 
Most Helpful

You're straight man. I worked retail the summer before my junior year and ended up in MM IB for this summer. I would focus on keeping a high gpa, being a leader in extracurriculars/club sports, and expanding your network.

 

Get out of the rigid path mentality. Get the best experience you can and utilize it to your advantage. A freshman summer doesn't mean much in the long run.

To infinity... and beyond!
 

Officiis illo ratione qui id nihil quia cum. Error dignissimos aliquam velit odit. Voluptas dignissimos vel reprehenderit quae autem aut mollitia veniam. Assumenda quia laborum eos ab omnis et sed corporis. Similique pariatur quos labore in autem ratione.

Career Advancement Opportunities

July 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

July 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

July 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

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $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
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
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...”