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intern
 

What was the best intern you ever had like?

littlebitconfuzzled's picture
 
Points)
 on 5/18/13 at 4:00pm
intern.jpg

You see all these posts about people's internships where they are just doing bitch work, etc . .

If you have had interns, what qualities made them the best intern? What qualities did you see in them that made you give them more work? What experiences did they have that allowed you to give them more advanced tasks?

Common PWM intern titles

Goldman Stanley's picture
IB
(Baboon, 109
 
Points)
 on 4/14/13 at 2:20am

Title says it all: when interning at a PWM shop, what are some common intern titles used?

I can think of the following:
-intern (generic)
-private wealth management intern
-wealth management intern
-private client services intern (?)

Anyone know of any other common titles for a PWM intern?

Thanks in advance guys.

Resume for high school kid

Amw6969's picture
(Chimp, 3
 
Points)
 on 3/24/13 at 11:08am

So I have a chance to get a summer internship at an investment bank, but what do I put on my resume? I was told like gpa and qualities but what else and what should it look like?

Appropriate IB hairstyle?

determined_m-effer's picture
(Monkey, 63
 
Points)
 on 3/12/13 at 2:14am

So, I want to know an appropriate hairstyle for investment bankers. I, generally, like to spike my hair up, but I'm not sure if that is appropriate in the IB world; here's a link of my hairstyle:

http://cdn.crushable.com/files/2009/10/khphotos173...

Look at the guy in the picture. Obviously, that's not a picture of me, but of someone with a similar hairstyle.

I know some of you are probably thinking, "What the fuck kinda question is this?" I know it's quite a dumbass question to ask, but I know bankers are anal about the smallest shit; so I don't want to standout for my hairstyle.

If this is not appropriate, please let me know what styles are appropriate for bankers.

Thanks for all your help guys, and God Bless!

hate being at a non target

legitpro's picture
(Monkey, 55
 
Points)
 on 2/28/13 at 12:00pm
non target hate.jpg

-poor recruiting
-have to explain my choice of uni in interviews
-relying on grad school to help rebrand myself
-morons at my school think because i worked at GM in the summer I was assembling cars.........really. i was an analyst for one of the depts

What kind of F'n BS is this shit?

xxkdjxx's picture
 
Points)
 on 2/18/13 at 4:36pm

So I got in touch with ML's PWM hiring manager in my area (Requesting an Internship), and she said that ML now has to pay its interns.... WTF? I though this shit was free labor? This makes PWM internships much harder to ascertain for inexperienced 18-19 year old freshman. FA's have no incentive to hire us anymore... This is a whole a lot of horse shit.

I thought PWM were easy to get; I guess not anymore.

.

hkbuddy's picture
 
Points)
 on 1/22/13 at 1:14am

.

Internship help

RWLforever's picture
(Monkey, 39
 
Points)
 on 1/4/13 at 2:25pm

I am seeking the advice of WSO here on my internship search.

I am interested in an equity research career, and as most analysts on this board, they likely started out with an internship somewhere. Likewise, in looking to start my career, I am looking at internship possibilities, and in doing so, I am looking for the guidance of the WSO community on the following concerns.

As a background, I don't have any finance work but I will be getting my masters at a target b-school next year after graduating from undergrad in 2011.

1. Without any prior finance work, is it imperative I get an internship?

2. How helpful is an ER internship (as opposed to, say, a PE internship) in getting a FT offer?

Advice on finding internships abroad?

season11's picture
 
Points)
 on 1/1/13 at 3:03pm

I'll be abroad for the spring and I wanted to find an internship during the semester. It's in Rio de Janeiro and I have no idea how to start. I'm keeping my eye on my school's career listings but no luck so far.

I'd love any advice or tips on how I should approach this. Thank you!

Any internship other than summer internships?

vana's picture
(Monkey, 52
 
Points)
 on 12/28/12 at 10:09pm

Does anyone know if there is any firm that hires interns for the fall/winter/spring, besides the summer internship program?

Summer Analyst Tax Refund

YeahYeah92's picture
 
Points)
 on 12/17/12 at 4:45pm

I worked at a BB as a summer analyst. I am looking to file for a tax refund and would like to know the best way to go about this (to get the most back as possible). Also, how early can I start.

Looking for information on who runs the internship program at Morgan Stanley in Purchase

jiggider's picture
 
Points)
 on 11/1/12 at 4:58pm

Im trying to find out who runs the internship program and conducts the interviews there. If anyone knows and could let me know that would be great.

Thanks a lot

MM's or Boutiques with Study Abroad Interviews

hobomagic's picture
 
Points)
 on 10/18/12 at 9:28am

Anyone know of any non-BB's that offer accelerated interviews for study abroad students?

Any experiences or tips?

(Summer intern) waistcoat with suit?

mknight's picture
 
Points)
 on 9/10/12 at 6:30pm

Is wearing a 3 piece suit okay for a summer intern or is that one of the unspoken MUST NOT?

I realise there's quite a few differences with office fashion conventions between US and London/Europe. I'm talking about in London if it makes a differences..

Where should you intern to land finance job offers?

Internships are a crucial part of the recruiting process not only because they allow you to gain experience in a specific industry, but also because they give your potential employers the opportunity to see how you work. There are a number of internship opportunities available to you and deciding which one is right depends on what industry you want to end up in. Keep in mind that one of the best aspects of getting an internship on Wall Street is the perceived selectivity. Many firms will give you a full-time first round interview just for having investment banking, sales and trading, or another highly relevant internship on your resume because of the process you must go through in obtaining that internship in the first place.

Private Wealth Management

Do I need an internship to land a finance job offer?

An internship is not absolutely necessary, but it is an extremely important part of the process when trying to secure a full-time position. If you are thinking about pursuing a career in finance, an internship is a good way to find out more about the day-to-day of the job. It also gives you the opportunity to network and show the firm you're interested in that you can handle the work.

Your Story

LOANS! I know this is a long shot!

IMFUTURE's picture
ST
 
Points)
 on 8/16/12 at 12:10pm

I'm currently working on a Loan sales desk. I would like to create a list of all companies that have bough decent loan tickets in the last 2-3 years. Once I've got that information, It'll be very useful for the team. If i get a list , It could reveal companies that buy paper that my bank didn't know about. This is a real way I could add value as an intern. I've tried conducting the search on Bloomberg and asking bloomberg help but have had not luck. If anyone can help, that would be amazing!

Best,
IMFUTURE.

Where to do my summer banking internship?

ilovewallstreet's picture
(Chimp, 10
 
Points)
 on 7/25/12 at 11:56am

I'm a rising sophomore in a midwest target (Chicago, Northwestern) majoring in econ and math.
I'm planning to apply for summer analyst position for next summer as a sophomore (I know my chances are slim)
I'm an international student, and I think I will be able to play around with my family connection to win a position in a bb ibd in my home country (not a "international financial hub" but a well known city).
So my question is, would doing the sa gig in my home country seriously hurt my chances of getting a full-time position later in the US? Should I do whatever it takes to secure an internship in the US to get a job here later?

And one side question: how are midwest targets represented in the wall street?

Trading Intern Question

Imperialian's picture
ST
(Baboon, 173
 
Points)
 on 7/28/12 at 3:06am
trading intern.jpg

Its halfway through my internship at a boutique. I have presented trading ideas, charts using technical analysis and views about the market.

Yesterday, my MD said its time to put money where the mouth is. He let me use his Reuters account so I can look at live data and recommend trades right away. I waited till I saw a shorting opportunity. I printscreen the chart with my technical analysis and explained why I wanted to short at a certain point. He said ok, talked to his broker and it was executed late yesterday.

Generally Confused About What I'd Do As An Intern In IBD

Playball1122's picture
(Chimp, 5
 
Points)
 on 7/19/12 at 1:15pm
pingu.jpg

Before I/you say anything I'm not going to make baseless claims about Investment Banking because I don't have a clue about it all. I'm interested in Finance, Investment Banking is a topic that comes up regularly, likely because of the compensation.

-----

Aside from knowing what Investment Banking is, I haven't an idea as to what an intern at an Investment Bank does.

I've been looking for this information on the site. Right now, I can only find the Wall Street Prep Guide ad that's plastered all over the site.

1. What should I know how to do before I cold call/get an internship at an Investment Bank?

2. How much experience should I have before I bother attempting to get an internship at an Investment Bank?

IB internship question - help please

craigje1992's picture
PE
 
Points)
 on 7/18/12 at 3:25pm

I just got a buy-side intermediary internship offer.. What would an intern there do? Would they do the same things a standard IB intern would do?

Next Summer Internship Offer

littleredman's picture
(Monkey, 30
 
Points)
 on 7/16/12 at 5:12pm
Next Summer Internship Offer

Next summer I have secured an offer through contacts at a homebuilder. The position would be an intern acquisitions analyst and would be based around valuing land opportunities. The company is part of a major land development company although the homebuilder is quite large in itself.

I have read on this site that land development companies typically are the first to lay off and typically have a lower payscale. The question is, would this be the kind of opportunity that would set myself up for possible buyside opportunities in the future? After working X amount of years, is this a role that would open many doors?

What do equity research interns do?

lm-1993's picture
 
Points)
 on 7/12/12 at 10:15am

Did any of you guys intern (as an undergrad) in equity research at a bulge-bracket firm (or any firm with an equity research internship program, actually)? What did you get to do during your internship?

I ask because I’m an equity research intern right now, but at a small firm with no structured internship program as such. I just want to see if I am gaining a similar set of experiences to that which an intern going through an actual program would accrue.

A sample of the kind of stuff I’ve done so far:

• Collected the specifications of all new and rumored laptops (information from company sites, press releases, tech blogs) for a Tech Sector analyst.

You know it's intern season when...

blastoise's picture
O
 
Points)
 on 7/6/12 at 10:30pm
intern season.png

You know it's intern season when...

- Someone sends you an email and it has your first name followed with a comma
- Someone sends you an email and it has your first name behind a Mr/Mrs.
- Someone sends you an email and they hit reply all.
- Someone locks their keys in the car (lol)
- Someone sends an excel spread sheet out and highlight whole shet before filtering the last name collem and now every ones last name is wrong
- Someone forgets to change the subject line of a template email before sending it.
- Someone asks you what would you like in your cofee
- Someone is always missing because the have to go to weekly intern speaker things
- Someone dosen't know how to set up VPN despite being told to make sure it works before coming back to work the next day

Work Culture - leaving your desk as an Intern/Analyst

jam011's picture
 
Points)
 on 6/23/12 at 2:01pm

I am mentally prepared for the long hours, working on excel etc not leaving until the guy above you has left or has no more work for you.

But are you expected to remain glued to your seat through out the day (apart from lunch time) . How normal is it to leave your desk for 30 minutes once or twice a day to grab a coffee for your self or get some fresh air ?

Summer Internship HELP

Seeker's picture
(Baboon, 135
 
Points)
 on 6/5/12 at 1:09pm

I had some interviews for a summer internship, BNP Paribas (Operations), HSBC, Citibank, PwC (Consulting), Kraft foods. Today I had an offer from Kraft to work at the finance department (sales and controlling analysis) and they told me to answer till Thursday. What should i do? I will call tomorrow BNP and the others, but I dont think that they will answer so soon.

SA vs Intern

turtles's picture
IB
(Neanderthal, 2,950
 
Points)
 on 6/4/12 at 5:00am
sa vs intern.jpg

Just noticed the current poll and it got me thinking, what separates a paid intern from a Summer Analyst? Is it the amount of hours per week? The structuredness of the program? I think that unless your offer letter has the words "Summer" and "Analyst" on it, you should play it safe and write "Summer Intern" on your resume. No one likes hyperbole.

Getting an intern...advice?

happypantsmcgee's picture
O
(Almost Human, 9,621
 
Points)
 on 5/23/12 at 1:00am
nowhat.jpg

So I'm getting my first intern this summer. I have been in groups with interns and I've been an intern but I've never had one 'assigned' to me before so I was hoping for some advice around how I can a) make this mutually beneficial b) not strangle him when he fucks up and c) ensure that we both have some fun along the way.

Appreciate the feedback.

Returning to company you interned at?

alphaSledge's picture
CF
(Monkey, 60
 
Points)
 on 5/17/12 at 2:17pm

So question here:

Say that one interned at company X during college, worked for 3 yrs somewhere else, then sees current opening at that company he/she interned at and wants to go back. Is that a smart thing to do?

Say that said person also kept in contact with the contacts over there.

All thoughts/opinions welcomed.

URGENT: Late NYC Summer Housing Needed for 3 Months!!

DreamMonkey's picture
 
Points)
 on 5/16/12 at 2:45pm

Hi all,

I just received a boutique SA offer from a firm in NYC located on Midtown. I need to find housing and I've been looking on Craigslist for awhile now but can't quite find something I'm looking for.

The internship is in IB so I need something as close to work as possible. There's a ton of Brooklyn/Wash Heights and Harlem, but I really want to avoid that area.

Any suggestions? Anyone else looking? I need a place from June 1 - End of Aug