Weekly wrap up June 27

Author

Ivy Almirol
June 27, 2026



Hey WSO Monkey,

The first offer may open the door, but what comes next matters just as much. This week brings a complete IB internship recruiting guide, candid takes on restructuring and mid-career moves, a look at banker savings, and a broader discussion about building a long-term career in finance.

-Patrick

Top Discussions

  1. A Complete Guide to Summer Internship Recruiting - "I've been writing a guide for my alma mater’s business club on IB internship recruiting and figured I'd share it here for everyone’s benefit. I landed multiple offers and woulda saved a lot of time if all this info was in one place. Before recruiting starts. Actually, make the mental decision that you want to recruit for investment banking. That means dedicating most of your sophomore year to studying technicals, networking, and submitting applications. Definitely try to maximize your resume while you can. You need a good combination of GPA, finance clubs, and work experiences..."

  2. Restructuring: Anti-Climactic Experience - "Now for the ego point, and I may get a bunch of MS for this, but it's not a big secret that IB is full of insecure hardos who desperately need to believe their job is rocket science. RX teams are tiny compared to M&A, so it’s easy for a few loud egos to overstate the complexity / make the role seem bigger than it is. Yes, interviews are hard but that’s artificial. When you have 500 sweaty undergrads fighting for 3 seats, you gotta ask stupidly niche questions just to weed them out. You’ll never use 80% of that prep-guide trivia on the desk. Also, the amount of resources available online makes it easy to seem super smart in the field, but that knowledge is mostly 1 inch deep."

  3. Polygraph by Polymarket - "News with skin in the game from the world’s largest prediction market. Each morning, get an email breaking down everything happening on Polymarket: the biggest shifts in odds, breaking news, new markets, whale moves, and much more. Join 1,428,136 readers who get their news on Polymarket."

Networking – Your Career Depends On It

Like it or not, networking is the backbone of a high finance career. But if you’re still winging it with random LinkedIn requests or forgetting to follow up, you’re leaving opportunities—and money—on the table.

With the WSO Academy, we’re here to change that. Here’s how we make networking your superpower:

✅ Streamline Your Outreach
Get 3 months of FREE LinkedIn automation to send connection requests and follow-ups at scale. Plus, get 1 YEAR of FREE access to our email management tool to organize and streamline your outreach. No more wasted hours manually connecting—just results.

✅ Track Your Progress Like a Pro
Map your Networking with our detailed targets that tell you exactly how many conversations you need to have and how you stack up against peers. Plus, our Networking Tracker helps you stay organized and manage relationships with ease.

✅ Rake in Referrals
Stop wasting time with conversations that don’t lead to anything. Our strategies will teach you how to turn your calls into actionable results—whether it’s a glowing referral or straight to your first-round interview.

💬 Real Testimonial:
“I had never gotten past a HireVue before, and now I’m comfortable going into networking calls with VPs and directors and in interviews” – Rising Finance Star.

Why leave your future up to chance? Start building connections that matter today.

Top Discussions (contd.)

  1. For You Youngins (Under 40, Ideally Under 30), What Do You Want Out of Life? - "In my quest to not be the old man yelling at a cloud or lamenting the younger generation (when really those archetypal dudes just don't understand because they've never tried to understand), I want to know: what do you want out of life? No, I don't mean job titles, but broad brushes. if you had to paint a picture of your life in 5, 10, 15 years, what are you doing? What's your relationship status? family status? location? day-to-day life? interests outside of work? I'm being deliberately vague so please answer as stream of consciousness as you like. I'm also not going to offer any advice unless asked, I just want to learn where y'all are at because it's clear the worlds in which we grew up respectively, are quite different."

  2. Mid-Level Career Freeze - "Maybe we’ve missed the point altogether. The grind never ends, does it? What if we took a backpack and up and left. Touched grass. Go find a surf break way outside our usual stomping grounds. Live minimally and frugally. Kick off some side projects. Maybe work as a barista or bartender locally. At this point, making $1 more means nothing to you, just looking to live life. But just like everyone else, I have my own set of excuses here, like friends, family, pets, mortgages. Up and leaving is a far-off daydream. If anyone is in this boat - stuck wondering what to do next, or maybe has already navigated through this period to greener pastures, I’d love to hear thoughts. Cheers."

  3. IB Net Worth / Savings Check - "Interested in some other datapoints. Focused mostly on mid/senior-level IB in HCOL. 30 and have been in IB last 8 years and have $1.1M saved (401K, PTA, etc.). A small amount of college loans that have been paid off. No parental support since university."

New Podcasts Coming in Hot 🔥

  • How This 'Non-Target' Math Major Broke Into Investment Banking (Starting in January!)

  • From Pre-Med in Vietnam to Wall Street: How This Non-Target Student Broke Into IB

  • Before You Choose a Finance Career, Watch This

Hot Jobs 💼

Investment Banking Analyst Intern - "Westcove is seeking an Investment Banking Analyst Intern to join the team as soon as possible for a minimum 10-week internship. This is a structured, full-time, in-person role based in our Los Angeles office five days per week. Candidates must reside within a reasonable commuting distance of Los Angeles or be prepared to relocate to the Los Angeles area before the role begins and available to work in person for the full duration of the internship..."

2027 Hedge Fund Analyst (Full-Time) with a 2026 Summer Internship - "Your primary responsibility will be to research and analyze US public companies to help make investment decisions. We're looking for someone with a great deal of raw talent and intellectual curiosity, and a desire to learn what makes some companies great..."

Investment Associate, Partnership Fund for New York City - "The Partnership Fund for New York City (PFNYC) is hiring an Investment Associate with ~2 years of investment banking or equivalent financial experience who is looking to pivot into impact investing while continuing to do rigorous, institutional‑quality analysis..."

Senior Analyst, Private Equity Operations - "The Senior Analyst, Private Equity Operations leads the operational management of private deals, from approval and settlement through ongoing lifecycle events such as IPOs, restrictions, corporate actions, and liquidity events..."

Investment Banking Vice President - "This involves reviewing AI outputs for correctness, methodological rigour, and commercial relevance—then building evaluation criteria and model answers that reflect how things are actually done at top-tier banks…"

Private Equity Expert - "Mercor is recruiting U.S./UK/Canada/Europe/Australia-based Private Equity Experts for a research project with a leading foundational model AI lab."

Financial Modeling Expert - "In this highly visible role, you will deploy your deep expertise in financial modeling, valuation, and deal structuring to support major investment decisions across diverse sectors..."

WSO Mentor - "Are you an experienced professional with a background in investment banking, private equity, hedge funds, S&T, venture capital, asset management, equity research, quant finance, corporate dev, real estate finance, or top-tier consulting? Passionate about mentoring the next generation of leaders? Wall Street Oasis (WSO) is expanding its Mentorship Program, and we're looking for outstanding professionals to join our mentor roster—an elite network supporting students and young professionals as they prepare for high-stakes careers. Whether you’re looking to give back, stay connected to rising talent, or sharpen your coaching skills, this role offers you the chance to make a meaningful impact, remotely and on your schedule..."

On Deck - Training 🎓

All in Eastern Standard Time

Stay Strong,
Patrick Curtis
CEO and Founder, WallStreetOasis.com

WSO Mobile App: iOS | Android

PS - We're also always looking to add resume reviewers and WSO Mentors to our team. Set your own pay (from $40/hr to up to $400/hr) to increase or decrease mentee flow. To submit an application, go here.

PPS - Think you have an interesting story? Want to share it with our podcast listeners? Hit reply and let me know!




* PE Interview Bootcamp includes lifetime access to the PE Interview Course
** FMV Bootcamp includes lifetime access to the Elite Modeling Package
*** IB Interview Bootcamp includes lifetime access to the IB Interview Course