Taking a Friday off during SA Internship

Hey Guys,

I'm currently a junior at a target recruiting for SA positions at BB S&T/Research desks or Elite Boutique(think Evercore/Greenhill/Moelis) IBD (the latter because I know a lot of 1st year analysts at these firms that can get me interviews).

My question is basically this: While I don't know which internship I'll be having this summer, I can say with some certainty that I will land at least one position in the above firms/roles (and if not, even MO/BO at a BB). Would it harm my chances of getting a return offer if I have to take a Friday off and fly to the South to attend my only sisters high school graduation ceremony? (grad ceremonies are taken very seriously in my family and people are flying in from around the country and the UK)

What do you guys think?

FYI, I'm strongly against this idea but I'm only asking this to prove to my dad that my arguments are legitimate. Obviously, I'd love to go if it wouldn't hurt my chances but I'm pretty sure it would.

 
ElliotWaveSurfer:
WSOWill:
Does your sister graduate high school in July or what?

She graduates like May 20th.

Just to clarify, it's not the graduation moment at her school but a separate party that my family is throwing to celebrate her graduation.

You gotta make a choice, man. Personally, I wouldn't do it since you're essentially skipping work for a party. Real commitment right there.
 
ElliotWaveSurfer:
FYI, I'm strongly against this idea but I'm only asking this to prove to my dad that my arguments are legitimate. Obviously, I'd love to go if it wouldn't hurt my chances but I'm pretty sure it would.

What do you guys think?

You're going to miss more than just a graduation party (no matter how "important") when you're in IB. Your dad/family/gf/bf/etc will have to accept that sooner or later.

 

I would somewhat disagree with the above posters. When I did my internship, several of the people who got FT offers used their holidays to take days off for events like this.

However, I also think it heavily depends on your group and the deal flow at the time. If you're in the middle of working on a live deal, no way that you should be going. I would hope to be able to go, but I wouldn't count on it. Your dad should hopefully be able to understand this.

 

Easy answer is no, bad idea.

Right answer is that its going to completely depend on your group/manager/whatever. I personally would be fine with it as a) you probably aren't doing anything we can go without for a day and b) you only have one chance to experience some family type events. That being said there is almost no upside here for you and plenty of downside. Be cautious.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

I disagree - there certainly is downside. Taking a day off for family reasons is respectable, especially with some notice. Worst comes to worst and you are very busy when the time comes around, you can work on the plane/from home, but you should be able to make it.

I would be careful about how you approach it though - I would suggest explaining the situation fully, and simply putting all your cards on the table, and saying that you understand that it may not be possible, but would really like to be there for your family. Pretty tough to say no to that, if you phrase things the right way.

 
happypantsmcgee:
Dr Joe:
I disagree - there certainly is downside. .
I literally just said there is plenty of downside...?
My bad HPM, its been a tough morning... I meant that there is an upside.
 

Honestly depends on the timing of the party as well. Is this your first or second week on the job when people are judging you hard? Have you been pulling 110 hours a week cranking as hard as possible, doing an amazing job, and have developed a strong relationship with your team?

If this was week 6-7 and your superior has already seen that you're a strong performer and likes you a lot, you can probably get away with it if you approach it correctly and give an explanation for how you're going to make up the work (i.e. you'll be in all weekend so the work will be done by Monday). If it's week 1-3...I'd advise against making that your first impression.

 
Best Response

^agree with above, although don't know much about S&T. For IBD, we had interns in our group take a day off here and there. And it didn't affect their chances at a FT offer because they were solid performers. If it is your 5th-6th week, I wouldn't completely rule it out. Don't commit to your family that you will be there, just tell them you'll try your best. If you see a window, grab the opportunity to leave. Offer to come back in that weekend / or do something in advance to make up for it.

Also, I wouldn't phrase it as a "family party", think of something more urgent. Just call in sick if nothing works lol. Seriously, I don't think its that big a deal.

 

I really do not think taking a day off is a good idea. Especially if it is in the first five weeks of the summer. It doesn't send a great message to how dedicated you are to the firm/your job. On the other hand, there are those that wouldn't mind. You need to tread carefully in handling the situation. If you are in a good group with a guy who is easy going and is a nice guy in general, then give it a shot. But if you have any doubts the guy might say no, I wouldn't bring it up and just bite the bullet. Think about your future, man..

 

Are you kidding? Of course you can and should go. I worked at a BB last summer and took a whole week off to attend a graduation AND I got a return offer. Everyone on here telling you not to is being overly cautious. Obviously missing any time is not ideal but there are other important things in life and any manager with half a soul will understand if you need to miss one day.

 

If your sister's party is during the first half of the internship, I wouldn't take it off (unless you call in sick). If you know that it'll be towards the end, then I would explain in detail upfront (before you even start and again at the start of the internship), so that everyone is aware, and I'd put in 110% percent until then. If you can't make it because you're slammed at the time, you can let your group know that you've decided to stay and maybe that'll earn you some bonus points...

If it's during the 2nd half of your internship, I would recommend going even if you're slammed. Once you start missing these family events, you'll create more excuses for missing future ones... Unless you're working on a deal of a century, updating comps or pitchbook for a 100th time can be done by someone else or when you get back!

 

I honestly don't think the reason is good enough. You will already have been at her graduation, it's just a family party. I had my grandmas 90th birthday during my internship and I didn't even think about going and everyone understood. If you had a good reason for taking a personal day I don't think it would be a problem. The only reason I've seen is people taking a day to take an exam, and they only gave them the exam day, so they had to study in their free time and fly in and out on the day.

 

depends on culture at firm, its probably gna be fine, ignore 99% of the posts in this thread, people in the US are crazy nutjob alcoholics, UK is more relaxed.

Also depends on team within firms you still get total retarded nutjobs that have no life and will look down upon you leaving for the day whilst others are fine with it.

I read the part about private family party, thats a bit thinner probably dont give that as actual reason if you want to go.

Lol at guy above me, not going for your granmas 90th birthday...

 

I think it depends completely on your group and superiors. I definitely would ask to go to attend the graduation though, don't mention the party. I actually think you'll have a better chance of pulling this off at a BB than a boutique, as boutiques usually are not as well staffed and you might have a tough time finding someone to cover for you that day.

 

it depends on your boss and culture of the firm. Where I did my SA stint it would of been perfectly OK and my boss would of encouraged it. I'm sure it's different elsewhere, but that's for you to figure out.

"Life all comes down to a few moments. This is one of them." - Bud Fox
 

I missed a weekend due to a cousin's wedding. Unfortunately, got taken off helping on a potential IPO or PE spinoff. I also missed the last week of my SA due to a conflict with a university program (not the start of school). Got the offer still. I don't think it's a big deal if you let them know (soon after you get the offer of course). Unless you work for some incredible assholes, they will understand you missing a Friday/part of weekend for an important family gathering. However, they will not sympathize with you missing work on weekends due to weekend plans with friends or 4th of July on the lake, so forget about asking for things like that.

"I understand, family is important. Thank you for telling us in advance."- Paraphrased quote from an MD when I emailed him four months before my SA started concerning the above wedding

 

Not a biggie. I'd plan to go, but let your family know there is a possibility you wont be able to make it.

It's very situational, and depends on your group and how busy you are when time rolls around. Ignore the "don't even think about going" people. Seriously, is everyone on here a meek excel galley slave or what?

 

One of my buddies was allowed to take a week off during his internship (in order to go to ibiza) and he still got an offer. At that time he was a first year student and wasn't exactly the most knowledgeable guy but he is a nice guy and obviously got along well with his colleagues. And that is what really counts. I mean, seriously, no one really gives a rats ass if you take a day off or not. Its human. Believe it or not but most banker types are human and reasonable its just that many of them don't want to admit/show it.

 

I highly doubt you're going to be looked down upon if you had to take a day for medical reasons. My bank gives SAs 2 days over the summer.

-------------------------------------------------------- "I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcom
 
coffeebateman:
I highly doubt you're going to be looked down upon if you had to take a day for medical reasons. My bank gives SAs 2 days over the summer.

Ok - the only reason I ask is because I would be taking a day off relatively early during the internship, probably when things are the most busy, so I'm a tad nervous. That's great that your bank gives 2 days off for SAs, I haven't received that kind of info from my bank yet.

 

I personally missed no days during my SA stint.

However, I have had other intern friends who came in after a hard night of drinking and puked in the office (only to get sent home by manager later in the morning).

 
froyo:
I personally missed no days during my SA stint.

However, I have had other intern friends who came in after a hard night of drinking and puked in the office (only to get sent home by manager later in the morning).

LOL. What type of internship was this?

Ortsman1:
If you explain right at the beginning what the situation is, they won't hold it against you. Just don't wait for the week of and you'll be fine.

Agreed. Make sure you let them know early and show proper documentation to authenticate your claim. Things happen all the time. If anything they will look at this favorably, because you plan ahead and you give them enough time to prepare for your absence.

 

Depending on when you have to take off on the third week, I would wait until Tuesday or Wednesday of your 2nd week to tell them. I wouldn't start working for them and then tell them your first day that you need a day off. I don't think you should have a problem no matter what you do, its just my personal opinion.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 
Gekko21:
Depending on when you have to take off on the third week, I would wait until Tuesday or Wednesday of your 2nd week to tell them. I wouldn't start working for them and then tell them your first day that you need a day off. I don't think you should have a problem no matter what you do, its just my personal opinion.

Hey Gekko, wouldn't it be better to inform them asap? I mean why hold out until the 2nd week when you know you have a doctors appointment before you even start your internship? Just curious.

 

I worked at a PE firm last summer and got hit with a really nasty drug allergy (hives head to toe, absolutely everywhere). They could not have been more accommodating and understanding of my situation. I missed three days and they only asked me how I was feeling when I got back.

 

I took a Friday off as a SA in mid July and flew to Vegas for a friend's bday. This was fully disclosed to my group head and manager prior. I returned to a couple of high fives and got a return offer a couple of weeks later.

If you're killing it and your group likes you, nobody will care.

EDIT: Don't BS either. If you say you're taking a couple of days to travel to a funeral, DON'T COME BACK WITH A TAN. Nobody likes being lied to.

 
Sling Shot:

I took a Friday off as a SA in mid July and flew to Vegas for a friend's bday. This was fully disclosed to my group head and manager prior. I returned to a couple of high fives and got a return offer a couple of weeks later.

If you're killing it and your group likes you, nobody will care.

EDIT: Don't BS either. If you say you're taking a couple of days to travel to a funeral, DON'T COME BACK WITH A TAN. Nobody likes being lied to.

This is a stupid thing to do. Only travel if you have to. Birthday is not one of them.

 

Try to postpone it - if this doesnt work out, ask your staffer / boss. Shouldnt be much of a deal as long as you have even tried to do it in your spare time (had to take half a day off during my banking internship as well)

 
Simshifter451:

If you don't mind letting your bosses know that you would rather go work for their competitor, I say go for it. If you'd like a return offer at your current bank, I'd probably just go to work that day.

This.

OP, are you being serious? You want to take a day off to go network with your employer's competitor? You already have an SA position at a BB. Why would you risk losing a return offer for what is essentially just a chance to get an interview?

 

There are only a few options: - Go to the event and tell your current employer - Go to the event and lie to your current employer by making up some excuse (keep in mind it has to be really good because you are missing a day of work as an intern) - Don't go to the event

Option A would be dumb in my opinion. I don't think the event will GREATLY improve your chances of an offer, it might increase your chances of landing an interview. Keep in mind people going to this event are probably trying to get a foot in the door for an interview. Personally, I think it would be a mistake to go as your internship at a BB would probably get you in the interview room whether you go to the event or not. By going to the event all you'll be doing is shooting yourself in the foot in your current role. Internships are sprints....you can't take a breather right in the middle OP!

 

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