Starting to freak out about starting FT

You could start IB with no knowledge of what the difference between an asset and liability is and still be a rockstar analyst. If this is a reputable bank, which both Lazard and Moelis obviously are, they will provide you with plenty of training. I would not worry about it at all.

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How did you get a IB job without taking finance courses?!

But you shouldn't worry too much. A friend of mine works at Lazard as a second year analyst. He was a econ major but there is still a training program for everyone. You'll catch up fast.

I work in M&A and make fuckton of market update slides and how robust the environment is and blah blah blah

Don't freak out. Should be proud of yourself for having made it. If you want to be prepared, read the book Investment Banking by Rosenbaum/Pearl. I quite frankly think all that theory 'BS' is pretty important - you'll have templates at the bank you'll work in and can leverage previously done materials.

Don't freak out, calm down, do some reading and spending some quiet time meditating on how you want to enjoy the last few months of school left

Regardless of resume pedigree, prior experience included, I generally assume that new analyst hires don't know anything. Better for both parties. I will say this though, memorizing that guide may have gotten you in the door but it sounds to me like what you created is a facade of understanding that at least in part, is fueling your anxiety. Bright side is that you know enough to know you don't really know anything. So if you are that afraid of looking like an idiot, (even if it is just initially) the simple solution would be to dedicate some time to casually study up. I say casually because your friend is right- if you go into this opportunity stressed and tired with, what in retrospect you will surely agree, is marginally more knowledge compared to what you'll learn in training, you wont make it.

You know what the great thing about banking out of college is? It's not really meant to be a permanent career-long job. If you try it and hate it after 6 months, a year, however long - guess what? You can quit and just work at another job, except you'll have been paid pretty well in the meantime and you'll have a good name on your resume for the rest of your career.

So relax, have some fun, and go hang out with your friends in the middle of the day - just enjoy the rest of college.

Youll need to put the work in.

At a boutique you don't have the luxury of a full 2 month training program like BBs do (unless things changed since I was there).

The worst analysts at the start got a bad rep and were put on the shittiest pitches, which turned into the shittiest reviews, which turned into the rankings. This is compounded by rockstar summers who will run circles around you when you join.

So relax but start putting some legwork into building up your knowledge.

In a similar situation and I don't think you have too much to be concerned about. Both the firms you mentioned have an extensive training program to bring you up to speed. I'm also a liberal arts major but I have many friends in the undergrad business school and the only advantage they enjoy is a couple semesters of accounting which isn't hard to grasp at all.

How difficult would it be to lateral internally from a satellite office of an EB (EVR/Lazard/PJT) to the New York office after your summer stint?