I’m a college student majoring in finance(going into my 4th year), and I’m struggling to understand how some people seem to know so much about finance and investment banking without having any experience. I see so many students, getting internships at big banks left and right. Meanwhile, I’ve interviewed for positions at places like Goldman Sachs and a few other major banks, but I never get an offer.

It feels almost impossible to break into this field. It’s frustrating when it seems like no one is giving me a chance so how am I supposed to gain experience to begin with? I feel like time is passing by, and I’m scared I’ll never get a position in finance. I’m really losing hope.

How do people become so knowledgeable about finance and investment banking before they even start working in the industry? How do I gain experience without having an internship? What can I do to improve my chances of landing a finance internship? Any advice or insights would be greatly appreciated. Thanks!