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How to Get an Investment Banking Internship

Mergers and Inquisitions

Internships at regional boutique banks. Yes, you can read guides , take courses , and watch YouTube videos , but you should also spend a few hours building simple DCF models or 3-statement models to learn the key concepts. Internships at local venture capital or private equity firms. Corporate finance roles at nearby companies.

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Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

In equity research, the goal is to get clients to pay for the teams research consistently , but revenue does not depend on deals or other specific events. Equity research recruiting tends to be less structured, though the bulge bracket banks and elite boutiques still run traditional processes that start over a year before summer internships.