Would it make sense for me to pay to intern abroad?
To provide some context, I go to a nontarget school for undergrad in Massachusetts with a decent major gpa (3.7) and a low cumulative gpa (~2.9-3.0 due to having spent my first 2 years studying chemical engineering and hating it,). I have two internships under my belt, one of them being a private equity intern at a search fund.
I am still in the process of networking and applying to boutiques in and outside of my area, and I realize how important an IB summer internship is when time comes for full time recruiting, and I also realize that I'm getting down to the wire in terms of time.
I know of a reputable program that offers study and intern abroad opportunities where you pay around $6k for housing abroad, professional development help, and placement at a firm of an industry of your choosing, and I'm considering an IB internship in Shanghai. I know many people are vehemently opposed to unpaid internships, let alone paid-for internships, but given the circumstances, could dishing out 6k for this be worth it when time comes along for ft recruiting?
Whats the name of the program lol sounds like its trying to take advantage of desperate undergrads.
ISA Internships & Service Learning. I should mention that my girlfriend also lives in Shanghai, so I wouldn't be entirely alone out there. This company has a student blog, and some guy who did this exactly program talked about what a great experience it was, and now he's doing pretty well for himself.
If you are referring to the investment banking internship mentioned on this website, you should know it is BO not FO (https://studiesabroad.com/experience/internships/program-locations/site…)
I know it says "operations" but I feel that's more just the description of the position given by the site. Consider it's such a small firm, I doubt they have a dedicated "back office."
Could be. If I were you, I'd definitely try to get in contact with someone at Viking Cap to check if the internship is indeed in IB. Would be a shame to pay 6k to get placed in support role
There are a million jobs out there that never mention operations or admin, yet they are - this one mentions both immediately. IMO you’re guaranteed to end up in BO...
Name of the firm in Shanghai?
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