Bored Intern
Current BB SA and have noticed my group is fairly dry on staffing despite it being a better group. Even though some of the FT analysts are getting cranked, none of the responsibilities are falling to the SAs so it feels like I’ve just been sitting around trying to look busy. I know stereotypically that’s how internships go but I literally learned more my freshman summer.
On a separate note - I find a lot of the work the analysts are doing to be fairly mundane (data entry, pulling broker data, repeating the same excel formulas over and over again). I feel like it goes against the research and discussion based education I was given since it’s so repetitive and formulaic (totally think AI could do half the job). If I get the opportunity, should I leverage alumni connections to land a higher velocity buyside off cycle internship (think opportunistic HF) and bank that to FT?
Much better than cranking out 100+ hours per week since the second week of hitting the desk at my EB. 2 live deals + 2 sector coverages fuck me.
Yeah I mean honestly wish I was at an EB to get that kind of responsibility and really see what transaction banking is like but can’t even recruit ft from here given my lack of reps and snail’s pace the program’s going
Not that I’m doing that meaningful just a shit tone of moving logos, research, spreading comps table, sending invites, and all sorts of intern responsibilities that you can think of.
What is a sector coverage?
I think some banks call it “strategic advisory” basically market update & biz dev stuff.
And of course, you still have plenty of time to post on WSO about it
Re no work: Ask an analyst to help out with a slide / graph / research piece they have an example of. They probs want help but don't want to spend the time explaining so any tasks that have good precedent example are good. Be careful what you wish for here.
Re lack of stimulation: yes, we are called monkeys for a reason. I see no downside in HF recruiting. Consulting is better but different again.
Try gooning
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