I was referred to this site less than two days ago and I've been on it ever since, devouring all of the helpful information posted by all of you on these forums. I think it's really great that you guys are so grounded and willing to help other people who share your interest in the finance industry.
I have searched these forums and have not really found anything specifically related to the question I have for you.
I am a rising senior at a respectable Midwestern non-target school. I have an internship this summer with an small asset management firm in the Northeast. I would like to get a FT analyst position with a BB or MM investment bank. I am currently considering picking up accounting as a second major in addition to my finance major and statistics minor. This would push back my graduation to Fall '09 (December), but would give me another chance at landing a SA internship. How do you think this decision would affect my chances at earning a FT position? Do these banks ever hire in December or January?
Thanks in advance for your constructive comments and/or jokes at my expense :)
Hey there! As far as I know
Hey there! As far as I know banks don't hire for January for US positions. If you apply to continental Europe, then maybe, but also unlikely. Australia hires all their starting analysts for January/February, if you are considering that. If I were you, I would not delay graduation and would just apply for FT offers. If you seriously don't get anything, which I would doubt, and if you really want that accounting major, then you can still add on another semester at that point. Also, if just one more semester would get you the second major, could you not overload the next two semesters and finish the accounting major? Or if that's not enough time, then you could declare the accounting major and take any additional classes next summer. Assuming your school's policy permits that of course.
I think this is pretty good
I think this is pretty good advice. Go through the FT process initially, and if you completely strike out, push back your graduation and look at the accounting major as a way of going through the SA process.
Thanks for the advice guys,
Thanks for the advice guys, I appreciate it.