Consequences of possible recession for incoming college student?

Hi all,

I am a high school senior that has recently been accepted to a prestigious semi target in the US. I hopefully want to work in investment banking after college, and as of now I think that the timeline begins start of sophomore year with summer internship networking to end of junior year for the full time offer from that internship. I was just wondering how you all think an incoming downturn would change intern/analyst hiring in the coming 2-4 years? I think it’s especially relevant now that the Coronavirus has kinda set off a series of events that may result in a recession.

Thanks!

8 Comments
 

Pick up a side hustle that you can do while you're in school. Build websites for pay on the side, or bartend or similar. My floormate got a travel agent license and terminal before starting uni way back in the day. He had a captive market of half the kids in the school, all of whom needed to fly back home several times a year. He made great money, even while a student. Always be hustling.

 

Amet delectus quia nisi voluptate voluptas. Dolorum blanditiis quo eos sed.

Sed hic est et ut hic. Facilis provident error excepturi error rerum. Odit consequatur modi nulla nobis aut at. Accusantium omnis voluptatem sit consectetur eius quibusdam iusto eaque.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”