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 (11)

Most Helpful
Jul 30, 2020 - 7:28pm

Network, network, network. I know that is the standard answer but really, if you want a higher chance of landing an internship or full-time job then expand your network and have meaningful connections. As far as academically: strive for a 4.0 it will make your life a lot easier in the long run so give yourself the best foundation possible. Personally, I would not be worried about python too much right now and focus more on learning about the accounting process and principles.

Jul 30, 2020 - 7:55pm

I would hold off on explicitly asking for an internship out of the gate as it may put some people off especially as you haven't even began your first semester. I would however, reach out and basically say you're interested in a career in investment banking and that you would love to hear their experience and advice. Then after you have built a rapport you can reach out about looking for potential internships.

  • Prospect in IB - Gen
Jul 30, 2020 - 7:56pm

Join the Financial Leadership Program (FLP) at Baruch.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • Prospect in IB - Gen
Jul 30, 2020 - 10:45pm

Yeah the FLP is for rising Junior, applications will open around January for Sophomores so during your second year I would apply for that. Meanwhile I would join Baruch's Investment Management Club and read the book Investment Banking by Rosenbaum & Pearl (you can get a PDF version online).

  • Intern in IB-M&A
Jul 30, 2020 - 10:09pm

Honestly the fact that you're already posting this and that you had a summer internship before college means you're probably going to get weeded out for social fit reasons

  • Intern in IB-M&A
Jul 30, 2020 - 10:17pm

This ^^. It's good to have dreams and knowing what you want to do but there is so much time before you need to actually start doing meaningful stuff. Interviewers won't be fooled. If they see an internship before you even get to college, they will automatically think it was BS/not real work. For advice, I'll echo what some others said above... Academically: try to get a 4.0. GPA isn't the end all be all, but if you have a 4.0 it will make your life a lot easier and one less thing to worry about. If you don't get a 4.0, make sure it is above 3.5 or else you will run the risks and will probably have to rely on your network to get you in for interviews. Socially: find a group that you fit in with. Having friends to lean on is important and I can't stress that enough. Have fun and enjoy college. You only get one undergrad experience in your life, don't waste it obsessing over IB.

  • Prospect in IB - Gen
Jul 30, 2020 - 10:16pm

Take a step back and enjoy college. If you start going hard right now for an internship/networking, you will burn out when recruiting picks up for SA 2023. The fact that you had a summer internship before college means that you are way ahead of the game. Also, try to get a PE/boutique IB internship or a wealth management internship for next summer.

Start Discussion

Total Avg Compensation

April 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (32) $350
  • Associates (180) $232
  • 2nd Year Analyst (102) $151
  • 3rd+ Year Analyst (25) $146
  • Intern/Summer Associate (95) $145
  • 1st Year Analyst (387) $131
  • Intern/Summer Analyst (315) $82