When to start preparing for IB summer internships

Hey,
you’re asking at exactly the right time. Second year is when most people start preparing seriously.

How early to start can depend a bit on your style. Personally, I always recommend getting familiar with the process early and giving yourself time to prepare your CV, learn the basics, and practice interviews at a steady pace. It takes a lot of pressure off later.

That said, some people work best under time pressure and still get great results. The key is knowing what works for you and making sure you don’t miss early deadlines, especially for London or NY roles where apps open super early.

Rita

You should start preparing for investment banking summer internships now, during your 2nd year. Applications for the following summer (after your 3rd year) typically open between November and January, and many top firms recruit on a rolling basis, meaning early applicants have a clear advantage. Some roles fill by February or March, so waiting can limit your options.

Begin building your technical foundation in accounting, valuation, and financial modeling. At the same time, refine your resume to highlight analytical, leadership, and finance-related experience. Start networking with alumni and current analysts, and get involved in finance clubs or competitions to boost your profile. Interview prep—especially for technical and behavioral questions—should also start now. Early and consistent preparation is key.