I Accepted an Offer at a MM Bank for Summer 2025, What do I do Now?

Hey guys,

I am a sophomore from a super non-target and just broke into a MM IB! (PSC, Baird, HL, Etc.) Exciting... right?!? Well, it hasn't sunk in yet, and it probably won't until a year from now. While I am very involved on campus, I have an excess load of free time now that would have been used to study technicals, behaviorals, or learn how to build out models. What should I do for the next 16 months until I start my SA '25 role? Any insight would be helpful.

Thanks

 

Go do literally anything other than banking. Drink, party, make bad decisions (don’t get arrested), travel, go to the gym, talk to a female woman.

Essentially, go do the things you won’t be able to do once you’re in banking. Whatever you enjoy pal.

Like 3-4 months before your internship, touch up on techs, excel, and ppt.

Enjoy your college years, they end very quickly.

 

Nice man - just enjoy college and make more friends, learn interesting stuff, watch movies, read etc

 

The older version of me would say - start a side hustle biz just for kicks, *or* come up with a solid trading trading strategy, *or* learn an addt'l skill (generally speaking, a few ideas to consider).

The younger version of me - take more Vegas / Atlantic City trips (depending on where you are - from now until the when role kicks off, at least two, if not more), and also at least once hit some kind of vacation spot with warm weather and a decent exchange rate to the US dollar (maybe do one-and-one of each and see which is preferable).

Also, whatever you do, you gotta do Spring Break trips (if you haven't been doing so already) drag at-least one person out with you (it would be better if you have a Crew can fall back on if that might be a possibility).  It doesn't matter what's happening now, or whether you are-or-not prepped in some way, just put everything on hold and effing go!!

Other than the above:

  • Work on looks (just saying generally if you might be lacking in some way): gain weight, or lose weight, get fit, tan, whatever - important across a number of mediums including future employment)
  • Socialize (get out, find a watering hole to frequent from time to time)
  • And as mentioned, partake in some of the diving and the poking of the elusive Muff
 

Same here. I stopped playing video games during Winter Break when I realized I was fucked if I didn't start prepping. Nice to be back home for Spring Break with an offer and be able to load it back up haha

 
Controversial

Congratulations on securing a position, likely not easy given your background! Here are some ideas for you, but honestly, it might just be worthwhile focussing on school, yourself and a few of these basic things below (not all of them). You're going to miss having free-time when you start working FT---and you'll kick yourself if you had the opportunity to travel, take a long break, or do something that your employer wouldn't be OK with.

  •     Technical skills/mechanics/modelling:
    • Focus on building a strong foundation in financial modeling and valuation. Practice creating and updating models regularly.
    • Master Excel and financial modeling shortcuts to improve efficiency.
  •     Reach out and expand your network, to use this as a springboard for better things:
    • Connect with professionals in your bank through informational interviews or networking events. Building relationships early on can be beneficial for your career. Maybe you can ask this specific question to somebody in the bank, just reach out and mentioned your SA in 2025.
  •     Soft skills:
    • Enhance your communication and presentation skills. Effective communication is crucial in investment banking. Familiarise yourself with PP and learn layouts, shortcuts, the most common slides and so on.
    • Try something new that you’re going to fail at to develop some grit and an attitude of perseverance. Your time at the bank might require this, depending on the culture!
  •     Sector deep-dive:
    • Gain a deeper understanding of the industries/sectors your investment bank specializes in. Research and stay informed about current market conditions and potential areas for growth.
    • Explore case studies and deal analyses to understand the nuances of transactions in your focus industries.
  •     Prep:
    • Reach out to current or former summer analysts at your firm to gain insights into what the role entails and ask for advice on how to prepare.
    • Understand the SPECIFIC expectations of your role, including the amount of responsibility you’ll have, and start developing the skills needed.
  •     Just chill TF out:
    • You’ve got the role, so just spend some time chilling out. Of course, you’ll want to convert this to a return, or springboard to better things though. Use this time to relax and recharge before starting your summer analyst role. Spend some time to take care of your physical and mental well-being, you might not be able to when you start working.

Remember, the key is to strike a balance between preparation and personal growth. Enjoy the journey and best of luck in your future endeavors! If you want some additional help in order to impress from day one, let me know.

 

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