Good finance internship programs on the West Coast?

Hey everyone. just joined and I have no idea what I'm doing. It seems most interns venturing here know way more about things than me.

I'm currently a finance major in CA and I'd like to get my foot in the door at some firms in SoCal.

I'm looking for undergraduate(Junior/Senior/Sophmore) programs in CA finance or business related from good reputable companies, can anyone give me some insight into the best/ most well-regarded finance internships on the west coast.

I'd like to get some experience with finance related positions, I have an interest in investments, trading, commodities, management consulting, or anything finance related that you recommend I should check out.

**

Which companies have the best internship programs in the SoCal area? What should I be looking into?

**

 

Most firms and companies will have internship opportunities, especially at the junior level. There are a lot of great firms in California, and I think it matters more what your responsibilities are rather than the name of the firm (although a good name certainly helps). Reach out to friends, alumni, attend career fairs and even cold call to get coffee chats and interviews. Good luck!

 

I have no idea where to start or which firms I should be looking into. I dont have many resources in terms of friends, etc. I'm very new to all this. If you could name me some firms so I could start researching them that would be highly appreciated!

Thank you.

 

Yea chill the fuck out, what do you do for fun? Not to be critical, but developing my interpersonal skills has been the single most helpful aspect in my getting internship and now full time interviews from a complete non-target. And by developing interpersonal skills, I mean partying, joining a fraternity, and making the most out of my time in college.

Edit: I guarantee you will get interviews, at that point it just matters if people want to sit next to you for 80-100 hrs. a week.

 

i was a jizz stain at 18, barley knew how to speak to anyone 10+ years older than me in a mature manner. seemed to be consistent throughout my age group. but that changed in a couple years.

masters program is not a bad idea if u really need it. also you shouldn't have the "BB or bust" attitude. i'd cast a much wider net esp for SA. and fuck your only 18. i'd spend a semester or two abroad r something INTERESTING like that.

on a side note - i've mentored overly ambitious ~18 year olds and they are the last people i'd like to work with. fine line between being eager/hungry and being annoying/boring.

 
OMS:
i was a jizz stain at 18, barley knew how to speak to anyone 10+ years older than me in a mature manner. seemed to be consistent throughout my age group. but that changed in a couple years.

masters program is not a bad idea if u really need it. also you shouldn't have the "BB or bust" attitude. i'd cast a much wider net esp for SA. and fuck your only 18. i'd spend a semester or two abroad r something INTERESTING like that.

on a side note - i've mentored overly ambitious ~18 year olds and they are the last people i'd like to work with. fine line between being eager/hungry and being annoying/boring.

Good advice. Definitely considering master's programs or even double-majoring to explore new passions and get educated in a technical field such as CS - who knows, I'm sure those skills can be attributal to any form of business.

I wouldn't say I'm overly ambitious. Just the right amount to have direction and actually pursue it while enjoying life and staying balanced. I work with a couple overly ambtious newly-admitted HYPSW type kids, and they seem to have that annoying, immature attitude, even though they are really smart.

Why do you recommend BB or bust? In LA there seems to be quite a few MM banks or even boutiques that pay street. And boutiques seem to provide a more exclusive experience, as I know analysts who got some client exposure, which definitey outweighs number crunching like all those banking monkeys.

 
Best Response
ibizzle:
you sound like a massive self-entitled douchebag. then i saw your profile...

College / University: USC

and it all makes sense. people in the west coast dont even take your school seriously... maybe you should stop taking yourself so seriously.

People don't take my school seriously? Every bank on the west coast recruits Trojans. In fact, every PE firm I've interviewed with in LA had some SC guys, and they never forget to mention how much they admire USC.

While its true that USC does not have a tier 1 reputation among undergraduate and graduate finance programs, Marshall excels in other fields of business beyond any other school in the country, especially due to the network you become apart of. Top 2 accounting school, #1 Real estate program, top 3 operations, etc. The reason for USC not having a strong rep in finance is because of their location. LA is not a banking hub whatsoever.

We're USC. Fuck all you haters.

 

You guys are bitches - Why would I post my credentials for self-entitlement? I was clearly in an unusual position, soI was just looking for advice from people with experience. Not you faggots who lurk this site all day and use it as a platform to talk shit to people you don't even know.

 

The OP may be a bit of a douchebag, but USC is definitely respected a lot on the west coast. Whoever said that it wasn't is obviously an east coaster without a clue. I would say there are 5 big schools on the west coast that command a lot of respect, and USC is easily one of them.

 

TravelBonobo, I'm sure SA questions are posted a lot. I have already used the search function to search for a similar questions before this thread was created. this thread was created when I found nothing similar to what I was asking, which is which LA firms would be more likely to hire me. I've read boutiques can be even more competitive due to the low amount of employees. thank you.

 

Oh I see. Well regional firms and regional boutiques in the MM space would be most likely to hire you. Then low-level BB banks, then EB, and then the top BB banks.

As far as which firms are specifically in LA, I'm not sure. You'll have to do some digging. There are lists of all the major banks in the US online. Shouldn't be too hard to find.

I have a tender spot in my heart for cripples, bastards, and broken things
 

Keep using that search bar. As you've mentioned, this site has very useful resources.

But to briefly touch on your question, I would make a list of boutiques and contacts within these firms. Reach out and be personal but to the point. Nobody is really willing to hold your hand throughout the process so you really do have to be aggressive about landing an internship at this point in the recruiting season. Good luck!

 

My friend in Canada did the GE FMP program and afterwards switched into GE Capital and is now attending a top 10 business school in the U.S. The usual path should be

FT offer > 2 year rotational > 2-3 years division as a manager > MBA > ???

Most people pick and work at a division for 2-3 years as a manager after a rotational to take on more responsibility. Realistically, I don't think you would have enough management experience or leadership abilities to do a MBA right after a rotational.

 

I met a few Qualcomm rotationals. Its definitely a great program as you get exposure to what you want (you get to pick which rotations you want to do). They're a vast company with involvement in many fields.

Pay is pretty good too from what I hear.

 

What kind of firm and what group? If it's GS TMT in SF (they've done a good chunk of the major TMT deals in the past 1-2 years), then yes of course. :) Lots of other good TMT groups in SF as well and some high-quality boutiques.

Houston is obviously more Energy-focused so depends what you're after.

Neither place is like NYC for banking/finance, but if you can find the right opportunity, both SF and Houston could be "worth" going to.

 

SF probably has a slightly higher number of banks/firms overall but Houston the best energy groups and cost of living is obviously way lower.

However if you already have 2 opportunities lined up in SF and no leads in Houston it will be hard to find something and close on an offer in a short timeframe... if you can push back the SF offers as much as possible while searching for jobs in Houston I might try that.

 

Optio ratione animi unde dolores facilis non et ut. Enim eos laudantium neque necessitatibus soluta et dolorem. Ea quis repudiandae itaque doloremque.

Eligendi delectus in nostrum qui delectus aperiam aut. Rerum ut voluptates expedita expedita voluptas quia doloribus. Laboriosam dolores qui odio dolor consequatur. Quis qui pariatur consequatur mollitia. Molestiae quia tempore qui eaque mollitia blanditiis quos.

Dolores minima aut omnis aut incidunt autem aspernatur assumenda. Rem molestiae quo aut eos non veniam. Laboriosam impedit nemo quo fugiat rem ut nulla. Velit qui exercitationem debitis ipsa tempora eaque.

Quos et distinctio eligendi. Fuga omnis libero qui nihil qui qui molestiae eius. Beatae voluptas et molestias recusandae doloribus minus voluptates. Aliquid quidem ut assumenda vel voluptatem.

 

Ut aut totam similique atque deserunt. A harum ut aliquam. Quidem ad magnam harum et omnis in.

Aspernatur cum esse labore. Autem commodi dignissimos animi vero occaecati. Autem consectetur asperiores dolor eos suscipit qui corrupti. Minus voluptates magnam eius quos corrupti qui. Totam quia perferendis ab deserunt nulla. Modi voluptatem ipsa quos nemo nesciunt.

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
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Jamoldo's picture
Jamoldo
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...”