Official Investment Banking 2023 Summer Internship Thread

Scroll to see replies

Reply 960

PaneStreet

Original post

by DocsAnalyst

Not usually unless you're exceptionally good and they make space for you.

Usually you start in January if you are graduating in the present year or July if you are graduating the following summer

Reply 961

PaneStreet

Original post

by Fedecrim

Anyone done 1st round telephone interview with Morgan Stanley for Equity Research Summer 2023? I did it a week ago and have not yet heard back.

expect a 3-4 week wait to hear anything

Reply 962

finance12345

Anyone heard about natwest ac front office?

Reply 963

DocsAnalyst

Original post

by PaneStreet

Usually you start in January if you are graduating in the present year or July if you are graduating the following summer

They were asking specifically regarding Summer.

Reply 964

CertainRomance

Original post

by finance12345

Anyone heard about natwest ac front office?

Nope have you? I did get an email saying I passed their video interview though...

Reply 965

sati jadeja

How long does it take for MS to invite you to first round phone interviews? For IBD SA

Reply 966

finance12345

I got that email too a few weeks back but no news since.

Original post

by CertainRomance

Nope have you? I did get an email saying I passed their video interview though...

Reply 967

fooshfee779

Original post

by finance12345

Really? I was considering doing it if I don't get a summer which is looking increasing likely by the day. What other options are possible in your opinion?

It's a huge waste of time. The only thing it shows is that you have money to waste. Everything they teach you there is what you'd be taught in your 1 week training of internships anyway. You're not going to be doing any deals, anything. You're better off just watching YouTube videos of how to do a DCF or comparables or whatever.

In my opinion, if you can't land IB this year (which is understandable, firms have cut classes by a lot), look at other roles. Private banking, S&T (this should be an active area of finance), CRE (commercial real estate), audit, Transaction Advisory, stuff like that. Anything remotely adjacent. Any experience looks 100x better than some crappy scam course.