'Summer Analyst' vs. 'Intern'??

What is the difference between putting 'Summer Analyst' (or IB Summer Analyst) on your resume vs. putting 'Intern'? I don't want to get in trouble for exaggerating, so I was wondering if there was any technical difference.
Thanks, and apologies if this seems like a silly question.

 

Intern is for part-time ~ 40-60 hour work week (mostly sophomores), not as structured summer program/formal interview process, pay is hourly ($9-15 per hour)

Analyst - formal interview process, structured training, relocation bonus, perks (black car, comped dinners), $70k prorated, 80-100 hour work weeks (mostly juniors)

at least this is how it is at my MM bank (think Jefferies, William Blair, Houlihan)

 

gobig: attention to detail

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 

Analysts matter. somewhat. Interns don't

"Look, you're my best friend, so don't take this the wrong way. In twenty years, if you're still livin' here, comin' over to my house to watch the Patriots games, still workin' construction, I'll fuckin' kill you. That's not a threat, that's a fact.
 

Summer Analysts are interns, most people just put Summer Analysts on their resumes to sound more professional... I don't think anyone is going to call you out on it unless all you did was bring coffee and buy lunch 24/7.

 

Doesn't matter. Everyone writes summer analyst anyways, so it's understood you mean a summer intern. Should probably check with the boutique though; some firms get pissy if you call it a summer analyst stint when they didn't write it on your offer letter. Put your group on your resume.

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
Best Response

As long as you're in some kind of front office/analyst time role at a bank/hf/pe shop then you should be allowed to put it.

However, there are people at my school who put summer analyst when they work in HR. For instance, this guy works in IB campus recruiting and has summer analyst on his linkedin and facebook.

I've also seen Human resources business partner summer analyst And Sales and Trading Campus Recruitment Summer Analyst

Now, those are bull shit because you aren't analyzing anything. I think that is basically lying.

"Look, you're my best friend, so don't take this the wrong way. In twenty years, if you're still livin' here, comin' over to my house to watch the Patriots games, still workin' construction, I'll fuckin' kill you. That's not a threat, that's a fact.
 
Will Hunting:
As long as you're in some kind of front office/analyst time role at a bank/hf/pe shop then you should be allowed to put it.

However, there are people at my school who put summer analyst when they work in HR. For instance, this guy works in IB campus recruiting and has summer analyst on his linkedin and facebook.

I've also seen Human resources business partner summer analyst And Sales and Trading Campus Recruitment Summer Analyst

Now, those are bull shit because you aren't analyzing anything. I think that is basically lying.

This makes no sense at all. The "analyst" title at any bank does not refer to job function but only to seniority. If the bank calls its entry level HR personnel "analyst" then its summer interns in HR will be "summer analysts". As long as you put the department you worked in on your resume you aren't misrepresenting anything.
 

I would argue 'Summer Analyst' is fine to use. 'Clever Name' has a good way to look at it but I put SA for all three of my internships back in college (one boutique PE, one BB MO prop-trading and one FO IB). I never received a negative comment on it.

If you did a 10-week program and did real work, I would say SA is fine.

'Dean Portman' - I've seen summer risk analyst positions before - ex: http://usa.marsh.com/AboutUs/Careers/articleType/ArticleView/articleId/…

"If you want to succeed in this life, you need to understand that duty comes before rights and that responsibility precedes opportunity."
 

[quote=TheBigBambino]I would argue 'Summer Analyst' is fine to use. 'Clever Name' has a good way to look at it but I put SA for all three of my internships back in college (one boutique PE, one BB MO prop-trading and one FO IB). I never received a negative comment on it.

If you did a 10-week program and did real work, I would say SA is fine.

'Dean Portman' - I've seen summer risk analyst positions before - ex: http://usa.marsh.com/AboutUs/Careers/articleType/ArticleView/articleId/…]

well would it be classified as summer intern or as summer analyst?

I eat success for breakfast...with skim milk
 

Non aut ex explicabo earum sit. Eum non aut beatae voluptate cum non recusandae. Et et rerum occaecati et aut dolorem corrupti.

Magnam ut error dolor facere sed quisquam. Quia et fuga aliquam deserunt sint. In quo quod ratione praesentium. Eveniet eos minima quas ipsam ut ad voluptate asperiores.

Vitae molestiae adipisci officiis voluptas libero. Qui voluptate minima nulla nisi in.

Eventus stultorum magister.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”