What do you expect from an intern?
Wondering what specific skills/things you look for in interns? I’m aware being able to 3FS and DCF model and being relatively technically competent before the internship starts is expected but I’m curious what sort of attitudes/things are specifically looked for. Especially compared to banking where it seems being able to model and generate ideas isn’t really being looked at as critically.
Are you expecting intern pitches to be actionable with solid differentiation/thesis/catalysts throughout the summer or moreso looking at how they improve and learn/ask the right questions with the outlook of where they’ll end up as an analyst? Obviously I’m going to do as well as I can but was curious what the bar for conversion normally is.
for context I’m talking about a multi manager hedge fund summer internship, Citadel, Point72 etc. thank you
Bump
Bump. Here’s my two cents: depends on the firm. Have you tried reaching out to previous employees? They’re usually quite helpful.
Someone I spoke to in AM: ‘we look for someone we can mould. You don’t need to know much, but if you show that you’re mouldable (easy to teach, react positively to negative feedback, learn THEIR way) then you will do well.’
I have done; it was somewhat opaque but maybe I’m expecting an unreasonably granular answer? I was generally told that you can’t really make the same mistake multiple times and need to pick things up quickly. This is outside of being technically literate before the internship even starts given modelling is a big aspect of it.
pitch quality was smth I was confused about- I was generally told having strong differentiation wasn’t expected from an intern - I take it this means I’m still supposed to think about it and try seek it though
Bump
Interested
Ability to carry multiple coffees at a time
HF isn't IB
Curiosity, attention to detail, intensity/self-motivation, punctuality, smart, team player, personable..
Showing all those attitudes is arguably a lot more important for an intern than excelling at modeling or being technically impressive. The latter they can always teach you, but the attitude side of things is all on you.
Doing tasks correctly & timely.
It sounds easy but often it’s not. When given a task, make sure you 100% understand what is asked of you & that you know how to do it.
If you don’t ask questions when given assignments, ppl will think you know what to do & can do it correctly. Ask questions! Make sure you understand the assignment!
It goes without saying but numbers should be 100% correct. This sounds obvious but when there are pro-formas & adjustments & different versions of EBITDA. make sure what number you’re referring to.
Few practical things:
Following
Break the Bank of England
Culpa voluptatum rem voluptatem quos. Ab culpa architecto fugiat est esse assumenda. Fugit est qui quam cum atque. Id odio quas debitis debitis qui. Porro et quia et vitae ut quasi voluptates. Est sit nihil est reiciendis.
Vero alias veniam unde eum illum dolorem. Dicta vel nam et in dolore perspiciatis. Harum optio commodi similique facere. Sit assumenda ea quae quia deleniti. Aut qui expedita qui exercitationem dolor quia totam ut. Cumque at velit omnis omnis sint. Inventore adipisci ab amet dolores enim non.
Rerum necessitatibus quas eos accusantium. Natus quo quis adipisci nisi ut iste. Alias qui id impedit consequatur. Dolores omnis id aut illum voluptatem. Temporibus quisquam pariatur eius minus temporibus est sit. Nam quis sed dicta et assumenda ipsa nemo.
Culpa hic quas quam non sint voluptatem. Sapiente quo quis libero fugit. Voluptatum est vero eaque ea quidem rerum. Voluptates assumenda qui a fugiat tempora dolore. Inventore quia omnis saepe aut cupiditate similique.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...