What happens if you don't get an internship?

Now that summer is coming to a close and 2022 is done for a lot of banks, I still don't have an offer. Do I get another regional internship for junior year and try and do full time recruiting, or should I aim for a better internship in consulting, RE as recruiting doesn't have as much of a cycle as IB.

What did people who didn't get a Junior year internship do?

 

if banking means a lot to you you can lateral to a top firm from like an eh firm so you're really only delaying whatever you were hoping for by a year. It's like not the end of the world at all it's just a year lol. Also like if you have tenacity, FT recruiting is viable too. Grab a PE (not like a top firm, just take the best of you can get, there's a lot of solid family offices that recruit like 2 months before Summer) internship for jr Summer and buckle down and then FT recruit. A lot of PE Megafunds who recruit for FT out of college like kids who do PE jr summer and of course so do good IBs. 

 

Quibusdam temporibus ea consequatur quas mollitia sit. Exercitationem voluptatibus impedit quidem. Aliquam aliquid ut distinctio itaque sapiente. Est quo amet illo voluptatibus ut necessitatibus qui. Adipisci recusandae a alias. Cum sed nesciunt autem inventore. Natus ratione molestiae rerum tempore.

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. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 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 (21) $373
  • Associates (92) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $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
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
numi's picture
numi
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...”