S&T Summer Analyst - Getting the Offer
Ok, so I just wanted to know: Do I have any hope whatsoever of getting a sales and trading internship this summer?
I'm
- a non target state schooler (although, top 50-55 or so in US News)
- quantitative major (math + finance)
- 3.7 GPA
- 1540/1600 SAT
- prior experience in Capital Markets for a BB I-Bank past summer
- a sophomore
- pretty competitive resume and a decent cover letter
Any chances? I'm applying to bulge brackets, mid markets ( still no reply), and spring programs (GS Securities Spring), and hedge funds & prop shops (Susquehanna, jane st)





how do you score 1540 and
how do you score 1540 and not get into a top 50 school?
WSO Conf - June 29, 2013
In short...
Yes, why wouldn't you? Your grades are good, sounds like a relavent and challenging major and you have good experience. Just network as much as possible and take part in any on campus recruiting and info sessions. Obviously there are no garauntees in this industry, especially in this environment and coming from a not-target doesn't help, but your chances are only as good as you make them.
@ first poster: Trust me,
@ first poster:
Trust me, I've tried long and hard to figure out what went wrong with my college apps. Spoken with deans, etc. etc. emailed people
It's almost sickening that I was rejected across the board, (except for where i'm currently at)
Maybe it was lack of leadership in high school? I've certainly worked on that at college, but i'm sick of the fact that I'm being "downgraded" because of where i go to school
John Wikowski
Low high school GPA or
Low high school GPA or lackluster EC's maybe? Regardless, you need to put that behind you and realize that yes, you are in a disposition to your peers at target schools. Doesn't mean it can't happen, just makes the road getting there harder. If you are truly motivated, you won't let the status of your school stop you (at least from trying).
I'm trying still to get into
I'm trying still to get into a sales and trading program *somewhere*
nevertheless, keep the feedback coming, this is good help
John Wikowski
Coming from a Semi-target
Coming from a Semi-target with a much lower GPA I'll give you my 2c. The alumni I've spoken to have said that in this type of environment cast your net far and wide and don't get tunnel vision. Explore Hedge Funds, Equity Research, Inter-Dealer Brokers etc etc. Make sure to spend a good amount of time in the career center searching the alumni database for anyone relevant to finance. And in all honesty, you are a sophomore. By the time you are graduating we will hopefully be bouncing back from this mess.
how are you in the 1600
how are you in the 1600 scale if you are a sophomore?
Most people ignore the
Most people ignore the writing part, including potential firms, so likely he just dropped it.
Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard.
-30 Rock
You say you worked in
You say you worked in capital markets but in a previous thread you mentioned you worked in middle office. Capital markets is front office. Also why don't you just go back to the BB that you interned with? Unless it was Lehman Brothers.
it *was* lehman brothers
it *was* lehman brothers
John Wikowski
I'm a similar profile
Sophomore, lower GPA (overall: 3.082), but simply listed my major GPA (Math: 3.7, Econ: 4.0) and that got me interviews. Also, I attend a US News top 25 school, for whatever that is worth.
I received an S&T offer at a European BB, but I will say that I got turned away from many places simply because I was a sophomore.
It's possible, but as someone who had gone through it first-hand, I will say that it was very difficult.