Best Response

here's what i've done, or will attempt to do. take my advice with a grain of salt due to the fact i am in the same position as you, and i welcome further comments.

1) figure out what you are actually interested in. Whether it's cars, vegas/gambling/hotels, the military, real estate/construction, etc.

You want to be covering an industry that interests you.

2) check the ii rankings on the analysts in your firm. all other things being equal, it will be better to work for a top ranked analyst.

i identified three analysts at my firm that I would LOVE to work for and who cover industries that interest me.

3) do everything possible to set yourself up to impress those analysts/groups when you interview for placements.

i am taking three courses that are directly related to my summer job, and have chosen to model a big hardware company, and a software firm for two of those classes. I am hoping that it will a) be a solid learning experience about those industries and b) convey enthusiasm and sincerity to the analysts who will ultimately place me.

4) be prepared to scratch everything once you interview for placements with the coverage groups.

if you hit it off with the analysts/associates in a particular group, it may ultimately be a better experience.

i would not advise chasing "hot" sectors, since these always seem to change. saying that, green/clean/solar energy gets lots of airtime, as does cloud computing.

competition this year for placements into top groups will be high, and honestly i am just eager to get some experience under my belt. if that means covering machinery, so be it.

fwiw, that is my plan. i'm a notorious long term planner, meyers briggs INTJ, so i'd welcome other recommendations from industry vets. good luck.

 

Reiciendis dolorum eligendi id blanditiis tempore debitis. Incidunt ea rerum sint ducimus consectetur. Pariatur saepe fugit quia alias.

Est blanditiis cumque ad numquam enim. Esse nemo quo aut repellendus quaerat. Doloribus earum delectus commodi.

Nobis aut et recusandae eos. Nemo repellat sequi nobis dolores perferendis. Est illum fugit cum tempore est nam. Nobis eligendi omnis officiis aliquam. Inventore consectetur voluptatem doloremque sint fuga voluptas numquam. Autem non voluptatem dolores velit veritatis perferendis a.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $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
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
bolo up's picture
bolo up
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...”