I’m a junior in engineering and I received an offer for the summer at a BB in IBD. I do have to say much of what I’ve heard here on the forum resonates with my experience. Unfortunately, I went into the process wanting to believe that banks like engineers because of our greater problem solving skills. It was certainly harder for me than most of my friends in Ross to get this internship, but not impossible. It’s just that Ross has the infrastructure in place already (bidding points, recruiting materials etc), which makes it much easier for a student in Ross to go into banking.
However, I think in the long run I have a more interesting story to tell and I value my engineering education significantly more than my Ross peers do theirs. They simply see Ross as a recruiting platform, and nothing more. So I don’t regret my route one bit.