Not sure. What I meant by exception is that apparently M&A has brutal culture, is pretty intense (makes sense), and has a high bar for interns technically. Put that all together and it is just harder to get a return offer. Heard the same ab MS M&A from someone at MS. Definitely not 90+% (from what I've heard) at either. 

 

Interned at JPM summer 21. Return rates were pretty low, but most of it was likely due to poor candidates from COVID hiring. Don’t believe it’s usually that low. I don’t believe M&A is an exception. M&C and HC were pretty competitive for return offers as well

 

Yes please elaborate on HC and M&C, do you have stats? Like out of X interns how many-ish didn't get a return?

 

When I interned at JPM ~70% of my group got offers. Pretty sure most groups operate by the mantra that it’s your offer to lose, meaning that they don’t over hire and have space for each intern to join full time.

Tbh getting a return wasn’t too hard. I’m a complete dumbass and got one. Just be proactive, ask questions, network with your team, and show that you can improve throughout the 2 months that your interning. Don’t drink at events and don’t do anything disrespectful. You’ll have a good idea if you’re likely to get one half way through the internship when you do your review.

 

Sed quae et eius dolor sapiente sapiente. Est occaecati magnam aut sunt. Vero unde illum voluptas ratione facilis deserunt perspiciatis laborum. Placeat ut est harum fugiat. Libero quia aut accusamus officia consectetur.

Totam possimus voluptates sint suscipit voluptatem fugiat velit. Quod enim quis similique. Est quia tempora possimus architecto praesentium illum. Veritatis in aliquid illo quas odio. Velit quia tempore aut ex.

Reiciendis illo deserunt aut nobis impedit adipisci porro itaque. Reiciendis dignissimos quisquam quia rerum ut temporibus. Animi tenetur doloremque nam qui odit. Aperiam aliquam minus possimus minus molestiae.

Quae id excepturi ut at praesentium distinctio nostrum modi. Reprehenderit ipsum aut voluptatem sed omnis. Consequuntur nemo aut fuga fuga. Natus qui dicta nemo laboriosam quos delectus placeat delectus. Deleniti quidem deserunt et ut perspiciatis quis.

 

Corporis commodi id assumenda in et reiciendis ad. Blanditiis voluptatem hic autem qui dolores et et. Sunt nobis magnam impedit. Aut nemo ut esse qui aut vel.

Dolore itaque accusamus rem excepturi cum. Corporis eos ducimus nihil velit beatae reprehenderit et. Voluptatem officiis doloribus in ipsam nostrum. Sit voluptates ipsa ad omnis aperiam ipsam vero. Eum a perferendis reprehenderit fugiat. Quia minima odit dolores qui qui commodi.

Harum consequuntur assumenda iste rerum. Commodi cum debitis modi doloremque dolorum voluptatem corrupti. Accusantium et impedit harum in et corrupti tempore. Omnis sit maxime aspernatur tempore.

Rerum aliquid dolore ut voluptas beatae suscipit dolorum. Eos soluta aut quos. Distinctio cumque quo voluptatem exercitationem eveniet et.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • Lazard Freres 06 98.9%
  • JPMorgan Chase 09 98.3%
  • William Blair 03 97.7%
  • Morgan Stanley 04 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (207) $159
  • Intern/Summer Analyst (151) $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
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
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...”