Night Analyst?
Anyone know anything about ML's Night Analyst Program for Juniors? I just want to know whether it's worthwhile program. Thanks.
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My Limited Thoughts:
I have seen resumes of NYU students who did this program, and they seemed to have an easy time parlaying that into a SA offer from an investment bank.
Seems worthwhile.
Is it open exclusively to Stern or other schools in NYC as well? Columbia?
Yeah I saw that posted as well. I dunno if I would want to do it at night though. Don't you have an offer yet?
No offer yet. I have to send app by Sept. 14th.
I wouldn't mind doing it at night, especially if it helps getting an SA offer. (Thanks for the input Devils Advocate)
And if I don't get it, at least it's some free interview practice!
Well... this is what they have for description for those who are interested...
Title: Merrill Lynch Investment Banking Night Analyst
Description: Merrill Lynch Investment Banking: The Investment Banking group serves as a trusted advisor to premier corporate, institutional and government clients, helping them develop their strategic objectives and meet their financial needs. The group provides advice, financing, and services to these clients throughout the world.
Position: Night Analysts assist Analysts and Associates, as well as all members of their specific Investment Banking groups, in the creation of presentation and information materials for use with clients and for internal purposes. Specifically, work includes the creation of public information books, company and industry specific research summaries, company profiles and public comparable analysis as well as other ad hoc office duties.
Hours Per Week: On average a Night Analyst will work two nights per week, although with school schedules permitting - three nights per week. Typically, nights will begin around 6:00pm and last until at least 12:00am, although Night Analysts will often be required to stay later to complete their work. Lastly, Night Analysts will be given the appropriate amount of time off during mid-year and final examinations.
Out of curiosity do they offer compensation?
Yes they do, $15/hr.
No more than 20 hours/week
Met a guy (NYU) at a bar once who was doing this. If my drunken memory serves me well, it helped him a lot for summer internships and got an offer from both Goldman and Lazard (he chose Lazard).
where did you find out about this? i cannot find a link on Merrill's website.
Program, such as these, are rarely publicized online and usually target to specific universities, sometimes via email to specific departments who then inform students.
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