Accounting Internship over spring semester

Hi I am a sophomore at University of Maryland's Smith School of Business which isn’t really a target school for investment banks in general. I major in Finance and Accounting. As a sophomore I have been given a spring internship opportunity to help with a small accounting firm in MD with tax returns for the tax season. I was considering doing this internship on my Fridays but Gaithersburg, MD is far from my campus in College Park MD so it would probably kill most of the time on my Fridays. My friend told me to NOT do it and focus on my course work since I currently have a 3.57. She feels that if I am to look stelar for those Ibanks I needa focus on my course work and ramp up my GPA to at least a 3.75 from a non target school. Due to this I am asking if anyone can give me any advice on how to approach this. I know that as a sophomore it is rare to get a spring semester internship and that it’s probably impressive to get one at this grade. I also know that it will be good to get some professional work experience under my belt. But I also know that it is true that I need to focus on my studies to grab that 3.75 as I am from a non target school. If anyone can help me with some words of advice on my situation I would be seriously grateful. Thank you so much for the help.

 

If you can't focus on your studies while doing a 1-day-per-week internship, I don't know how you'll survive the work style of banking...

That said, from a non-target, if you can get in with a 3.75, you can get in with a 3.57. Does that mean you should slack on your classes? No.

 

I agree with B, in that you should force yourself handle both your school work and the internship (1 day per week). You are right that work experience of any kind is very valuable, but I can tell you that tax work (at the staff level) is completely irrelevant to a career in banking.

 

Consequatur cumque quo provident et nihil. Voluptatem veritatis quis facere quibusdam reiciendis eos voluptates optio. Dolores provident voluptas consequatur culpa esse ut. Ea est veniam ea officiis illum itaque quas doloribus. Aut velit optio eligendi. A nam at facere at quod.

Officiis enim odit non eum. Est natus assumenda consectetur odit perferendis vel.

Beatae necessitatibus architecto voluptas asperiores impedit aperiam. Aut harum tempore laborum ut et repellendus. Cum quibusdam excepturi maiores aperiam quae dolores et animi.

Career Advancement Opportunities

May 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 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”