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As for day to day stuff, you will be plugging numbers into a database for 50% of the day. 40% of the day will be spent looking for financial statements or relevant news on google. The other 10% will be spent on random stuff like changing colors of charts, making sure everything is spelled correctly, changing the sizes of boxes on the org. chart, etc.
Basically, if you've already taken an accounting course you are well overqualified.
Concerning the interview, all your answers are on this site, so get to work.
You should be fine, especially because you're a sophomore. Brush on basic concepts you learned from your accounting course.
Honestly dude, you should probably just take your talents to Souf Beach.
lol
OP hasn't established what kind of internship this is. Is this an internship at a local PWM shop or a summer role at an investment bank? Your level of required financial knowledge is will be a function of how serious an internship it is.
Please tell me you recognize happy's reference. I'll give you a hint: going broke definitely wasn't part of the equation.
no more than what you have.. learn on the job
That's not true Nouveau, there is lots of information you need to dig up on Google. Sometimes even financial statements because the Bloomberg terminal screws that up once in a while. Especially if you're looking at, say, Korean companies and you can only get the Korean statements off of Google. Furthermore, research into past deals, intel on a certain company, why the previous CEO stepped down, etc. Sometimes these are things your MD wants to know before heading into a meeting. Has nothing to do with the legitimacy of the firm.
^^to add onto that, as an intern and a FT analyst (I assume), you will be using google to pull a bunch of random bs research your superiors will ask you for. Also, in certain industry groups, say tech for example, you will spend countless hours on google looking for valuation metrics such as, unique visitors that you need to use for a comp table.
Valid points gentlemen. Statement retracted.
hint hint
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