To All Summer Analysts:

Mine wen twell. Did not receive an offer unfortunately, but only because they didnt have space. Was told they would forward my resume to any part in the bank straight to the HR so it turned out well since I didnt love what I did anyways.

can't believe s.a. stints are wrapping up already, you guys are growing up so fast

My summer went a lot better than I thought it was gonna go. Learned a shit ton more than I ever thought I would, and got pretty close with the guys I worked with.

I didn't get a return offer, but it was sort of a mutual agreement between myself and my Sr. Analyst because A) we both understand that I'm just now gonna be a sophomore, and I want to explore other options, and B) they're hiring a new associate soon, and if I returned my work flow would probably be 1/3 what it was this summer.

I'm not even in the slightest bummed about it though because my experience has gotten decision making level guys at two top-MM banks to either flat out tell me they could make things happen for next summer, or refer me to someone at another firm that could do something for me.

Cool experience. Got the return offer and was ranked top of my class. Enjoyed seeing my classroom education translate into the real world, and I learned a lot about how to thrive in an actual corporate environment.

Don't think any of these are actual groundbreaking relevations, but if I had to give advice: 1. Eat your shit sandwich with a smile. 2. Use all your seamless. If you're going to get wrecked on a daily basis, might as well enjoy your dinners atleast. 3. Be curious about the bigger picture and ask questions. Doing your bitchwork well is a given, but being able to see the big picture and understanding how your bitchwork contributes to the process is something that separates you from the corporate drone interns. 4. Eat your shit sandwich with a smile.

I have learned many things, but one thing that I really want to share with WSO: Although I think banking is definitely right for me, I have learned that it is not all that "glorious" as I originally anticipated when making those 1,000+ networking calls/cold-emails.

@studentloanbackedsecurities you are totally right. While it was an awesome experience it truly is doing a lot of shit and putting in a lot of hours. That being said, it was completely worth it and it only reaffirmed my desire to enter the industry FT

I worked in a very small boutique M&A (UK). I didn't mind the long hours and I loved the work because it kept me busy all the time. I was the only one asked out of all the interns to stay around for a couple more weeks to see a deal finalise. The guy I worked with insisted I joined them again next summer and told me he was impressed by my work.

From what I learned this summer, my advice would be to just dig in. As long as you're a curious self starter who's not afraid of the deep end, and as long as you do everything your told to the best of your ability, with a cheeky smile on your face, you'll be more then fine. Top tip: make it a habit to go to bed early and wake up early everyday of the week, it'll grow on you and you'll be happy you can do that.

Just... care.

Disclaimer: Created this username to the keep anonymity of my other username.

Stint went well and was ultimately extended an offer. I will accept because I definitely enjoyed my experience plus the people I worked with. Here are some quick observations I made during the 10 weeks:

1) Attitude: At the end of the day, you'll most likely be judged by your attitude. One senior banker outright told me something along the lines: "Obviously, we don't expect you to come in here running full models so we judge on you on your attitude towards the work." Think this is echoed by the sentiment "Eat your shit sandwich with a smile."

2) Make yourself known: Another comment made to us by another senior banker at the beginning of our internship. Once the 10 weeks are drawing to an end, you'll be evaluated. It is difficult for people to pound on the table and back you if they don't even know your name. Politely ask people to lunch or to grab a coffee. Ask about their story / what are they working on. If you make a genuine effort people will notice.

3) Develop relationships: Goes along with number 2, but if you ask someone out for coffee then follow up and progress the relationship. I think this is where most people go wrong especially in networking situations. Quality over quantity in this category.

4) Thinking different: Lastly, you might have to change your mentality. I think we're so accustomed to receiving a task and burning through it that we fail to see why we are doing it. If asked, you should confidently be able to state why this chart is on the slide or what company X does. Anyone can recite a deal sheet, but to understand the drivers for the deal is what separates candidates.

I might a thread to elaborate on the above points. Anyways, congrats to those who survived the summer.

Went in a sorry-looking scrub, came out a man.

I finally got to see what the hype was all about - it was a lot more PPT formatting than I imagined. The technical exposure my group gave us through training sessions + homework + projects was definitely awesome for helping us understand everything on a functional level. As a finance major at a target school, I frequently found myself not knowing wtf people were asking me to do but, as an intern, I had to learn really, really fast - my offer depended on it. Almost nothing I learned in school helped me on my first day on the job when a Director asked me to build a DCF with an NOL addition/utilization schedule applying the IRC 382 rule on NOL limits. For a regular analyst that sounds decently simple but to me (and probably the undergrads on this forum) it sounded like straight gibberish. I was able to figure it out and the Director was so impressed he wrote to the group heads and raved about me so I basically got the offer from Day 1. Needless to say, I still busted my ass for the whole 10 weeks.

Got the S&T ft offer :)

From a non-target ;)

It went well recieved strategy offer at a large consultancy. However going to apply to other firms as well during upcomming recruitment season.

bump

Got a return offer to work as an SA next year (I'm working for a Canadian Bank's Pricing Group) but want to try something different. Students are still young, so try to do different things. I love my group to death though.

Definitely learned a lot. The more senior people do ask for a little too much sometimes. I had a few mess ups and were stupid mess ups...

They actually offered me to work part time during the Fall semester so that is pretty awesome. I accepted and will see how it works out with school.

Had a good experience but figured out after the second week that the division was not a fit for me or them. Left on good terms, had great performance reviews, and have a couple of MD's willing to back me for whatever I end up going after for FT (probably IBD). Lastly, not a fan of NYC whatsoever..take me back to Chicago and B1G coeds.