Summer Internship - Is finance/hard science degree required?

When/How do you land these? Obviously good grades and what-not, but other then that is there anything that really makes one candidate more exceptional than another? Is a finance/hard science degree required or can us BA people make it as well?

 

Do some research on the other forums.

BA people do fine, especially from targets.

GPA is significant. 3.6+ usually puts you in the "I probably shouldn't be self-conscious about it" zone. 3.7+ puts you in the "probably okay enough" zone.

Research the industry (you're obviously trying if you have an account on this site). Read some of the classics (Liar's Poker, When Genius Failed, etc...)

Network heavily. Get on the phone with at least a few alums.

Construct a badass resume.

Thoroughly prepare for your interviews.

 

I'm a bit confused on the "network heavily" part and the "badass resume." Obviously a resume is a resume right? Sure I have work experience, but really nothing financial related. Are alums readily open to talking with you?

 
Best Response

Re: Badass resume -- One individual could write two resumes (same pool of experiences/achievements) and make one of those resumes amazing and the other total garbage. There are tons of resources out there about writing a strong resume. You should think hard about this.

Re: Networking -- Many alums are interested in helping undergrads (obviously, not All will be). If you have done a reasonable amount of homework on the industry and approach them politely and with consideration, you should have some luck. Alum conversations A) may give you a pal on the inside, B) may lead to other introductions within the firm, C) may lead to giving you a "push" in HR (ie. increasing your chance of getting an interview) and D) enable you to namedrop during interviews.

Re: Timing -- Most IB summer internship recruiting takes place between mid January and early March.

 

Suscipit quos aut architecto voluptatem odio laborum quis. Harum at quo est labore incidunt. Cumque modi ut aliquid commodi rem quas deserunt.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”