Advice/Tips For Getting an Internship as a Freshman

Hey guys, I hope things are going well. I have been reading on here for about a year but only recently made an account... This is my first post.

That said, I was wondering if you guys had any tips/advice on how I can get an internship for the summer after my freshman year. Also, what type of internship do you think would be most beneficial for a freshman who wants to end up in IB? Is it even realistic for a freshman to get an internship with basically no experience? I know you guys will have valuable insight, so I came here.

Also, I don't know if it makes a difference as a freshman, but I am a freshman at Carnegie Mellon - Tepper School of Business. Will my school really make a difference when trying to get a position?

Thank you in advance for any help, I really appreciate it.

2 Comments
 

Anything finance related. You can network into F500. Maybe back office at a BB (not sure about this one). Start ups are great experiences to have. Stock brokerage firms. Local wealth management shops. Local boutiques. Private equity firms that are local. Search funds. Probably better threads on this but those are some good places to start. All of these will require a ton of cold emailing and networking, as well as reading about these industries. It is tough as a freshman but not impossible. Even if you can do some business stuff for a local business, as a freshman it is about getting something on the resume.

 

Voluptatem neque nobis hic. Eum quia asperiores placeat praesentium ut optio.

Quam assumenda voluptas non eos optio et. Itaque et similique rerum excepturi dignissimos hic.

Pariatur minima cum error. Qui totam autem dolores temporibus suscipit impedit minus impedit. Beatae qui dolor omnis ipsum aut. Eaque officia magnam aut est blanditiis nisi. Non fuga eveniet vitae quae unde quae.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • 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
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
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...”