WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (5)

Jan 15, 2018 - 8:15pm

I'd recommend this
1) Start with a target city in mind
2) Find a full list of banks in that city (Literally go down that list and talk to as many people as you can)
3) Use LinkedIn to find their employees
4) Start networking and cold emailing explaining what you're looking for.
5) An unpaid internship looks the exact same as a paid internship on a resume

Jan 16, 2018 - 1:02pm

If you find someone willing to give you an internship, there's a good chance they'll throw you an hourly wage although unpaid is a possibility.
Do you have any friends in any of the cities you want to be?
If not, you don't have to be in NYC; there are other cities that have an IB presence and are MUCH cheaper to live in.
How far away is the closest boutique from your school or where your hometown is?

If it were me I'd a loan and consider it part of my education.

When it comes time to get a FT analyst position having an internship is as important as any other part of your resume.

Ultimately, how badly do you want to be in IB?

Jan 16, 2018 - 9:45am

Eos a qui cum. Molestiae dicta inventore eos tempore expedita qui ut. Aut consequatur sunt cum veritatis sint.

Start Discussion

Total Avg Compensation

October 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (38) $367
  • Associates (222) $231
  • 2nd Year Analyst (136) $154
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (103) $143
  • 1st Year Analyst (495) $135
  • Intern/Summer Analyst (381) $83