4 Comments
 

The data from Trackr is likely accurate but highly confounded, so I wouln't take their insights too seriously. The people who apply for second internships tend to fall into two buckets. Firstly, people who didn't convert and are therefore on average weaker candidates. Secondly, it's the people who did internships but are applying again only for the top roles and hence have lower success rates, e.g. did a summer at BofA and are now applying again for just GS/MS/JPM.

For spring weeks, it's also highly confounded by the fact that only a small number of people do spring weeks and they tend to be the more dedicated applicants so high have high success rates in general. They are also much more likely to be diversity.

Using common sense tells you that on average someone with a previous internship has better odds than someone without. It is however quality over quantity. I don't see the value-add of doing three IB internships instead of one good one.

 
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I am not sorry to say that the data is ridiculous. Be so for real, I have heard what seniors say re., recruiting process for summer internships and there is a strong preference towards having prior experience. The majority of interns this year have prior experience. 

The people who put together the data are students, who clearly haven't learned enough about data and statistics to know to challenge obviously egregious data yet... They probably just wanted to put something onto a page, unfortunately this data is just wrong.

Yes of course having internship experience helps and helps significantly in getting a top summer internships lol wtf.

 

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