Chance for a summer analyst position

Majoring in Politics, Economics and Ethics

GPA 3.9, SAT 2400, currently sophomore who attends an Upper Ivy College

High School GPA 3.95, SAT II 800, 800, 800, 800

Total 10 APs – scored 5

Fluent in Chinese, Arabic, Spanish, and English

Interned with SEC and a hedge fund in last two summers

Senior leadership positions in very demanding ECs

Any positive advice to improve chances will be appreciated. I have been networking with many senior people in BB and Hedge funds.

 

Sorry man, given your cred's you have pretty much no shot at a SA position=/

 

Hahhahahahaha

As a freshman, I took Linear algebra and multivariable calculus. I am decent in math. I have worked for a quant hedge fund in summer of 2008. For them this summer of 2009, I have already a position available to work for the fund.

 

As a freshman, I took Linear algebra and multivariable calculus. I am decent in math. I have worked for a quant hedge fund in summer of 2008. For the summer of 2009, I have already a position available to work for the same fund.

 
artmonkey:
Majoring in Politics, Economics and Ethics

GPA 3.9, SAT 2400, currently sophomore who attends an Upper Ivy College

High School GPA 3.95, SAT II 800, 800, 800, 800

Total 10 APs – scored 5

Fluent in Chinese, Arabic, Spanish, and English

Interned with SEC and a hedge fund in last two summers

Senior leadership positions in very demanding ECs

Any positive advice to improve chances will be appreciated. I have been networking with many senior people in BB and Hedge funds.

This isn't CollegeConfidential.com

Go back there with your ass-festering friends, please.

 

Look all anyone can say is do your best, network and apply. I have seen very intelligent people not landing a single interview and it can simply be the fact that they're unlucky or the interviewer or doesn't like you. You seem like a smart guy, and in all honesty, with your stats, I wouldn't care about banking or trading. I suggest you apply for the Rhodes Scholarship or something.

 

Look all anyone can say is do your best, network and apply. I have seen very intelligent people not landing a single interview and it can simply be the fact that they're unlucky or the interviewer or doesn't like you. You seem like a smart guy, and in all honesty, with your stats, I wouldn't care about banking or trading. I suggest you apply for the Rhodes Scholarship or something.

 

Do I need to remind people here about the current economic environment and its relationship with Wall Street? When I posted this thread, I was panicking. Like rest of you, I want to work for a reputed financial BB firm and saw the opportunities shutting the door because of current economy.

 

Indian Banker:

My accomplishment may sound good but I have many friends who have similar resume like mine. They all are having trouble in landing meaningful SA positions. I am not keen on Rhodes. I prefer to work in Wall Street.

 

I had similar credentials (4.0 GPA, good SATs, target school, but not the languages lol), but I was still rejected from about 40% of the banks first rounder interviews that did OCR at my school.

 

anyone who took this post seriously needs to re-evaluate their life. it's just hilarious to point out that in these times, nothing is a sure thing.

 

and I dont think you can major in economics, poli sci, and ethics all at once.

I meant, i think the stuff you learn in class conflict with each other

 
Best Response

So was the OP being serious?

If so, as an anonymous undergrad on an online forum, let me reveal the top secret formula I use to quantify chances at getting in to IBD:

Nominal strength of IBD application=(.21)β+(.13)θ+(.03)ε+(.15)Δ-(.97)ξ+(.15)η+(.31)ψ+(.41)γ+(.01)α+(23)μ

Where:

β=a dummy variable for attending a target θ=.37(math SAT)+.31(verbal SAT)+.32(writing SAT) [Assuming out of 2400] ε=[(Number of APs)(Average score/median)]/ Δ=Number of languages fluent in ξ=a dummy variable for English fluency with fluency=0 η=a dummy variable for taking a relevant major ψ=(number of networking contacts)(networks average bonus/banks average bonus)(1/Number of employees at bank) γ=(hours spent on relevant work experience)/[hours from present to birth(22/24)] α=Number of extracurriculars([(budget size of the largest extracurricular you're involved with(1/rank of leadership position in the largest extracurricular you're involved with)]/[university's endowment]) μ=Dummy coefficient for if the person reading your resume/interviewing you is having a good day and decides to like you

I hope that helped.

 
drexelalum11:
So was the OP being serious?

If so, as an anonymous undergrad on an online forum, let me reveal the top secret formula I use to quantify chances at getting in to IBD:

Nominal strength of IBD application=(.21)β+(.13)θ+(.03)ε+(.15)Δ-(.97)ξ+(.15)η+(.31)ψ+(.41)γ+(.01)α+(23)μ

Where:

β=a dummy variable for attending a target θ=.37(math SAT)+.31(verbal SAT)+.32(writing SAT) [Assuming out of 2400] ε=[(Number of APs)(Average score/median)]/ Δ=Number of languages fluent in ξ=a dummy variable for English fluency with fluency=0 η=a dummy variable for taking a relevant major ψ=(number of networking contacts)(networks average bonus/banks average bonus)(1/Number of employees at bank) γ=(hours spent on relevant work experience)/[hours from present to birth(22/24)] α=Number of extracurriculars([(budget size of the largest extracurricular you're involved with(1/rank of leadership position in the largest extracurricular you're involved with)]/[university's endowment]) μ=Dummy coefficient for if the person reading your resume/interviewing you is having a good day and decides to like you

I hope that helped.

That's amazing. I hope you didn't spend too much time building the regression.

 

Artmonkey, I used drexel's equation to get a rough estimate of your chances at an IBD summer analyst position. Turns out, you have no chance. Perfect SATs, 3.9, SEC internship, and fluent in 4 languages just won't cut it. Perhaps you should consider something less competitive--I hear Wal-Mart is hiring.

Kudos to drexelalum however for giving away his top secret formula.

 

Oh no...you poor soul, life's just tough. I triple major and triple minor....but maybe that's not enough, maybe I should turn one of my three minors into a fourth major...but then I couldn't graduate in three years...oh no, that would be horrible, right? Would I really have a chance at a summer anlayst stint if I graduated in four years from my super-duper Ivy instead of three? So maybe that's not a good idea....I already speak fluent English, Russian, Chinese, Arabic, Farsi, German, French, Spanish, Turkmen and Zulu....but acutally I am only conversational in Zulu....so maybe I shouldn't put that on my resume then...or should I? Would it really hurt me that I am not 100% fluent? But I hope I could make it up through my ECs....I am a pro swimmer....but I hear that investment bankers are more into Ggolf and Tennis...so I have taken that up as well...but I am so worried if they ask me about it during an interview, I need to go and remember all the world rankings of Golf and Tennis now....just in case. And then I am also running my own business...I started it already when I was 10 years old and I also founded a charity for the blind orphans during my Freshman year in High School....do you think that will be enough? Do I have a chance for a summer analyst spot? Of course I have a 4.0 and only had straight A+++++s ever since first grade and had super-perfect SAT scores and I am president of 10 clubs at my super-duper Ivy and a member of every student organization on campus....but I am just so worried...because everyone has that, right? So I also went on a mission trip to Sudan....just so that I can talk about something unique during an interview....but no-one talks about Sudan right now....so I am already screwed....please...what do you think....do I have a chance?

 

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