Still looking for summer internships, need help/advice
IB
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(Gorilla, 509
Points)
on 3/6/07 at 12:00am
Well, I've been searching for the past month to no avail for an IBD internship. So now I'm not sure what to do. What would be the best internship for me to get during the summer? Try to look for anything relating to finance? I'm seriously stuck..maybe I aimed too high?






First, what year are you? It
First, what year are you?
It is too late to get an internship as I think most superdays or all superdays are over already. You (may) possibly still have a chance at getting an interview for a botique bank, not sure though. Any experience is better than no experience!
I'm a freshman, and I feel
I'm a freshman, and I feel VERY confident that if I was even given 2 minutes and a chance for them to see my resume I'd be given at the least a call back. I've been told my resume is very impressive, my problem is lacking any info on IBD and no connections or networking yet. I also don't want to sound cocky and say I'd definitely get an internship but I feel as if I'm a genuinely nice guy who just wants a chance.
please don't bank your
please don't bank your freshman year summer, go drink and smoke.
I also go to a non-target
I also go to a non-target school so I feel that's why I should start early. My summer is also 4 months so it's not like my entire summer would be some redundant internship.
your a freshman from a non
your a freshman from a non target, you will be lucky to get an internship junior year. Try again in 2 years...
lol. please do not listen to
lol. please do not listen to surfmv...unless you want to earn 20 grand a year after graduation
try getting a PWM internship with a bulge bracket firm this summer- firms like Merrill have unpaid opportunities, I know it sucks, but considering that you go to a non-target, you want to incerease your leverage for the summer of your sophomore and junior year by doing something in a professional environment this summer...
if you need contact info for PWM at Merrill pm me asap as the positions are filling up quickly on that end as well
Goodluck!
Reach out to as many
Reach out to as many boutiques as you can. Make sure you emphasize that you're looking for a learning experience and hint that you'll work for free.
On another note, try finding ANYTHING in finance first. If you work in finance this summer it'll help you get into a boutique the summer after your sophomore year. Then, having something finance related AND a boutique bank will help you land that big summer analyst position. That will then help you land a fill time position. It's never too early.
Don't want to burst your
Don't want to burst your bubble dude, but you're going to face a huge challenge getting a decent banking internship. Employers know that freshmen are not able to contribute much because they have not taken the relevant finance courses, especially since you are a finance major (although you might have studied finance on your own free time).
Also, not coming from a target school = very tough to compete. Lastly, you gotta bump your GPA up a little more. If a guy from a target school can easily get a 3.53 GPA (which honestly isn't eyebrow raising), the expectations on a non-target candidate would be higher - at least 3.8 GPA to be considered.
Lastly, my question is if your resume is really as stellar as you claim it is, you would definitely be called back if you applied, but that is not the case. What is the problem then?
Not trying to be harsh here, but I'm trying to let you gain some perspective on how a person in banking would view your resume. My best advice: Take anything that you can right now. Like what soul09 said:"Any experience is better than no experience" Most freshmen I know worked in private wealth as financial advisor interns in godforsaken locations (definitely not NYC), or in auditing in tiny accounting firms. And many do it for free (unpaid labor). And I'm glad that many of them end up getting banking internships full time in their Junior summer. If you really want to succeed, suck it up and work with what you can. Use the remainder time to read up more on finance and improve your knowledge.
Best of luck and hopefully things work out for you.
Thanks, I'll definitely PM
Thanks, I'll definitely PM you in a second and search for the boutiques. The reason I've yet to receive I call back is ebcause I haven't applied anywhere. I have NO idea where to call or send my resume, that's the problem.
if u want to increase ur
if u want to increase ur chances of eventually getting a job on wall street, you should spend your summer trying to transfer to a target school lol
Not sure how true this is,
Not sure how true this is, but I heard somewhere that you are judged by your last internship, meaning that employers to look at the last place you worked.
So I guess you should look at doing things one step at a time. Use freshman summer to build enough credentials to do a boutique or sophomore program your sophomore year. Then leverage a banking internship sophomore year to get to a BB junior year, etc. So you prob don't necessarily have to something IB related this summer, but getting something useful from this summer to leverage into a better experience next summer should be your goal.
My freshman year I just got
My freshman year I just got drunk and worked construction to save up some money - seriously, don't stress too hard about not interning anywhere this summer. But definitely try to transfer to a target school if you can; it will make things infinitely easier for you later on.
I am currently trying to
I am currently trying to transfer, but I feel as if it's hopeless atm b/c my high school stats sucked. I did apply to Wharton but nowhere else. If that doesn't pan out I'll pursue it a lot more serious my sophomore year when my HS transcript doesn't matter whatsoever.
Re: I am currently trying to
I am currently trying to transfer, but I feel as if it's hopeless atm b/c my high school stats sucked. I did apply to Wharton but nowhere else. If that doesn't pan out I'll pursue it a lot more serious my sophomore year when my HS transcript doesn't matter whatsoever.
not trying to be a dbag here, but what makes you think you have an impressive resume if you go to a non-target, with only an avg GPA, and your high school stats suck?
Don't listen to johndavies,
Don't listen to johndavies, I'm from a school that has absolutely no name on Wall Street and found it isn't that bad for non-targets. I did a random non-finance internship Soph year and nothing freshman year, and landed a BB IBD Summer Analyst position based on excellent grades, busting my ass networking, doing "entrepreneurial" stuff, and interviewing well. Now I've accepted an offer at a top 3 bank. I didn't have any connections either.
Right now you want to get any experience you can in finance. the PWM stuff is a good idea although it's unpaid. Really anything you can spin into a good experience freshman year is great. Sophomore year try hard for a boutique if you can. If not, anything in finance will be better than nothing. Most importantly: try contacting alumni now. Just ask them questions. In 2 years they'll definitely feel they know you well enough to send your name to HR. I literally had an alum MD call HR for me and force them to give me an interview at Citi. They weren't going to do it and 10 minutes later I got a call to schedule a flight to NY.
Of course you need to get your grades up. 3.5 is ok, I've seen one non-target person pull it off with that GPA, but it's really tough. As a freshman your number 1 priority should be kicking ass in school.
thx for that intern and yeah
oh wow...yury you deserve
That's all good "unique"
Re: Don't listen to johndavies,
Interview Guides
GMAT Tutors
WSO Resume Review
I will make my first attempt
Agree
yury start networking
Freshman Year Summer
good post jotah--- these
If all else fails and you
if nothing else materializes
Whom do you contact at