Sophomore Internship Question about Various Apps

Rank: Chimp | 5

I am currently a sophomore at a target school with a good GPA and a fairly solid resume. I am interested in pursuing investment banking, so I sent out a number of applications to various firms and sophomore programs as well. I have about 20 apps out right now, and have not heard back on anything (positive or negative) despite many of the apps being in for over a month now. Is getting an internship this summer a lost cause, or will I start hearing back from banks in the coming weeks?

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