Advise for a rising junior

As you may have gleaned from the title, I am a rising junior and I am looking for advise regarding investment banking. I am looking for any and all advise/ criticism as I am trying to get a banking internship next summer. I intend to start preparing right away.

I go to a top 25 Liberal Arts college and I am a Math and Economics double major and a Computer Science minor. I expect my cumulative GPA to be around 3.75 by the time I send in my application for next summer. As far as experience is concerned, I worked as an intern for a local boutique investment bank during the past school year. In addition to this, I have spent two summers working as a research assistant for professors in the economics department. I am also in a varsity sports team. I would really appreciate it if you could let me know what you think about my experience, gpa, etc. Please let me know where I am lacking and what I could do to improve over the next year or so.

I also want to point out that I have almost no experience with financial modeling. I have not had the opportunity to take finance classes since our college does not offer them. The only two classes that touched on finance were principles of accounting and partial differential equations ( I did some work with the Black Scholes model). Are interns usually expected to have a good understanding of finance? If yes, can you please let me know how I should self study?

 

First off, you need "advice" - the noun form.

Second, check out the WSO interview and networking guides; they are very helpful for understanding the most commonly asked interview questions and understanding how to best get interviews.

Super Nintendo, Sega Genesis - when I was dead broke man I couldn't picture this
 

Aut dolorem eum omnis esse dolore est amet non. Et minus commodi dolore. Eveniet dolores necessitatibus sunt provident voluptas hic.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”