What to do next?

Hi WSO community,


As the title suggests, I'm a bit puzzled at the moment and would love to hear what you have to say about the matter. 


I'm currently finishing my second MSc in finance in London from a semi-target, have already one year-ish of IB internship experience from a bank back in my home country (Europe), speak 4 languages fluently and yet still struggle to get into IB/ER/Markets/CorpFin here in London. It's already mid-April and feel like there are no internships available anymore. Eg, I've been rejected by countless and recently one after the last round for an SA of an MM bank because the other candidate had worked on a deal in a specific industry - this is just to give some background info, not a complaint. It's no fun, but I know I'll get there.


Would anyone have a word of wisdom to share, or perhaps experienced the same difficulty in breaking into the industry here in London? I'd be grateful to read about other non-conventional routes also, as London's scene is completely different from where I'm from.


Thank you! :) 


PS: I could register as diversity (LGBT+) but I don't think it's considered a real diversity in the industry from what I understood when applying/checking at diversity events lol. 

 

Enim laboriosam porro aut magnam consequuntur sunt. Eveniet magni deleniti dicta ut. Ut tempora modi pariatur ratione. Ut suscipit soluta fugiat et est sed.

Laudantium autem officia iste delectus illum. Commodi modi quaerat dolorem natus eaque sunt in. Assumenda delectus eligendi eos. Molestiae accusantium impedit accusantium et aut quo necessitatibus.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

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 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 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 (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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

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...”