Hi all,
I am currently on a second internship at a BB bank. After completing my first internship at the same bank but in an INTERNATIONAL location, I received a full-time offer to join the international office (not ny). The second internship I am in is in New York.
The thing is, I really want to stay in New york and during the meeting I verbally said 'I accept the offer', which was more towards the second internship but I said yes nonetheless.
How should I approach this? Will the team allow me to stay in NY in a different department if I tell them I want to work in NY rather than the international location? I am doing a second internship whilst studying the degree and im scheduled to start FT analyst programme in July 2008. But i really want to work in New York now rather than go to international location.
Please please advise me how to approach this. Also note that I want to stay in New york and want to work in Sales & Trading rather than go to the international location and work in M&A.
Thank you very much
James
James,
It appears to me that you really have a strong desire to stay in NY. You also indicate you want to be in S&T. If this is the case you need to inform your employeer about your career aspirations.
However, why do you not want the opportunitiy in the internation location? It is M&A and the experience you can gain there can be unmeasured in the long run. I myself, lived in Europe for seven years and that experince shape the rest of my career.
My advice would be to think long term, not short. You can always go into S&T, however, how many opportunities will you have internationally?
At the end of the day do what makes you happy. If you have your mind set on NY, tell your employeer ASAP about your intentions. You will feel better about it and they will have a clear understaing of what you want. Waiting will not help the situation. You may be suprised at there reponse, They may just put you in S&T and that will be that.
I am on the international experience side, keep that in mind. That experince, for yourself and your future career cannot be measured.
Hope this helped. Good luck with your decision!
Appreciate your comments and response. How do you think the team will react? Would they feel I led them on? I just dont want to ruin my relationship with the bank and the team. I fear that they will just let me go as I dont want to do M&A in the international location...
Thanks for your advice people
James
First of all, congrats for getting the offer. It shows your team really liked you, and you performed well in both your internships.
Just to clarify, were both of your internships in M&A? If both were in M&A, and you want to move into S&T, that is tough. The skillsets are requirements are different, and although your previous team can say you'd make a great IB analyst, it is more difficult to say that regarding S&T.
If your second internship was in S&T, then talk to your current team and ask for them if they have a position available for you. S&T is generally more desk specific in terms of hiring compared with general IBD classes.
I would suggest getting an offer in the S&T side before burning bridges in your old position. It is late in the full time hiring cycle, and there may not be positions open. You've got a great position that many people would do anything for. However, do what you truely like to do. If you were unhappy with the previous position, then take action to get to the position you want. You don't want to be thinking 'what if?' during your first two years.
Yes, both the internships at M&A. The thing is I always have been interested in the markets, thats what got me interested into trading. Do you think If i approached the M&A team about the possibility of getting me a S&T internship? Would that work? Rather than working approaching them to ask me to transfer to S&T Full-time, I can ask them to letme get onto the internship programme for the summer. What do you think? I just dont think M&A is for me, the hours and working on weekends, plus I always had a hint of markets in me.
more advice or comments would be highly appreciated.
Thank you so much
James
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