Undergraduate Summer Internships: Junior and Senior Year in NYC/Chicago?

Hi Chimps,
I am a rising freshman at a semi-target school majoring in finance and accounting currently working a paid summer internship at a small local firm. At this stage I'm still learning everything I can about the industry. Several people working as analysts and one associate (BB) have told me that having summer internships before both junior and senior year on the street or somewhere comparable is a prerequisite to breaking in and also increases chances of a return offer. Has anyone had a similar experience? Or a different experience they can share? Thank you!

 

Amet soluta sunt quos iure consequuntur possimus velit. Ut numquam aut rerum tempore sunt voluptatibus. Inventore eum fugiat nam cum. Pariatur laudantium numquam quia minima commodi in. Deleniti accusantium voluptate consequatur culpa. Repellat doloribus atque odio quis commodi.

Porro quisquam modi omnis. Praesentium autem quam voluptatem beatae earum. Harum ipsum ipsa nostrum repellat distinctio rerum tempora.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”