<p>Right now i am a sophomore in college majoring in finance and looking to get into the IB field and am looking hard at internships for summer 2011. Would i be in trouble if summer 2011 comes and goes and i have not had an internship yet going into my junior year?</p>
<p>absoutely not. That said, if you are attending a non-target, it would definitely help to land an internship, especially something [url="<a href="http://www.bankonbanking.com/2010/03/15/no-summer-analyst-ib-offer-–-is-life-over/“]relevant[/url”>http://www.bankonbanking.com/2010/03/15/no-summer-analyst-ib-offer-–-is-life-over/"]relevant[/url</a>] prior to your junior year just to add some weight to your resume and take some of the focus off of your school. </p>
<p>IBanker</p>
<p>Do NOT study for the CFA your sophomore summer. Wow, terrible advice. For investment banking? No. Non-paying internship in something business related, economics/finance research with a professor, travel the world… so many better options.</p>
<p>BankonBanking’s advice is spot on. You should not panic since your school, your networking skills, and the rest of your resume also matter quite a bit. However, having some IB/IB-related work experience, no matter from where, will give you a huge advantage over other candidates. Also, disregard KevinNYC’s comment about the CFA and markets (unless it’s deal book).</p>