This post is a bit of a desperation post and is two-parted, but I will start with my background. I am a senior in a 5 year master in accounting program at a solid and well-targeted public (you can probably guess). I spent my early part of college as a finance major and gained little traction in IB recruitment. However, after I switched to accounting and got another year of maturity, education, and resume improvements under my belt I started getting more hits. BUT, after several final rounds/superdays that I thought had gone pretty well I still keep getting rejected for IB(90% are Houston O&G because of my location which I am fine with and have an interest in the industry).
I guess my main point is what am I doing wrong here? I really reached a low point recently when I had a Friday(thought I did very well, answered the technicals correctly and made good conversation/connection etc.) and was told at the end of the day that we would find out in about a week but I got the rejection email the following Monday morning (did I really screw it up that badly?).
The other part of this post is that as part of my accounting degree I already have a spring internship offer with a Big Four in their Capital Markets/Transaction Advisory group. I have this on my resume and thought it would be a great boost to my IB odds (especially since its a spring internship and wouldn't conflict with summer analyst roles), but again nothing has panned out thus far. Additionally, I know this is not a bad job to start at and I should be (and I am) excited about the opportunity especially considering the vast majority of my peers are doing audit or tax work right out of school. But really what I want to know is whether this is a viable route into IB later down the road either post-MBA or not (and if top MBAs are an option with Big Four TAS experience) or if am going to be pigeonholed into the "accountant" role the rest of my life and never break free.
Sorry for the rant and thanks for taking the time to read this. Also I am not looking for sympathy or people to rub my back and tell me everything will be okay so please don't get that impression, I really just want some honest opinions about what my near-term and long-term plans might be.