• The investment banking internship market is tough in 2023. There are fewer opportunities available, and more competition for those that are.
• This is due to a number of factors, including:
  • The economic slowdown, which has led to fewer mergers and acquisitions and other deals.
  • The increasing automation of investment banking tasks, which has reduced the need for human labor.
  • The rising cost of living in major financial centers, which makes it more expensive for students to intern.

How to Get an Investment Banking Internship in 2023

• If you are still determined to get an investment banking internship in 2023, here are some tips:
  • Start early. The best investment banking internships are filled up months in advance.
  • Network with people in the industry. Get to know bankers and learn about their firms.
  • Get good grades. Your GPA is still important for investment banking internships.
  • Get involved in extracurricular activities. This shows that you are well-rounded and have leadership skills.
  • Take relevant courses. Take courses in finance, accounting, and economics.
  • Get certified. Get certified in financial modeling or another relevant skill.

Conclusion

• Getting an investment banking internship is tough, but it is not impossible. By following these tips, you can increase your chances of landing an internship this year.