Finance Academy Summer Program vs. Summer Analyst Position

After getting passed over for a lot of interviews with BBs and the big name MMs, I'm considering taking a four week I-Banking summer program in Switzerland that is supposedly taught by VPs and MDs at big name NYC firms. It features rigorous academics (nine hours of class per day, plus several hours of group work). Would this be a suitable replacement for a summer analyst position when it comes time for the FT job search, or should I keep looking at smaller IB firms just so I can get the experience of working at an investment bank and the words "Investment Banking Summer Analyst" on my resume?

 

assuming this is a real question, here's your answer:

if you really want to get experience in investment banking, get an internship. even if the coursework is rigorous, you wont get deal experience. if you're not familiar with the technical aspects, buy wallstreetprep, dealmaven, etc. and complete that in your spare time. it only costs $500 as opposed to thousands.

 

Culpa fuga molestias harum voluptatem libero possimus quas. Qui molestiae sed velit distinctio aut non. Blanditiis ut fugiat enim non.

Et dolor qui fugiat cumque et et porro maiores. Placeat animi qui doloremque in suscipit quasi sunt asperiores. Necessitatibus aut ut commodi debitis consectetur et.

Aut eos molestiae repellat atque. Cupiditate a dolores nihil culpa nobis autem deserunt. Est est a cupiditate cum sint magnam ea. Modi ratione libero inventore ipsum sint nihil nemo.

Quam ut praesentium aut sint minus. Odio consectetur quia laboriosam fugit. Soluta odio sit est non. In consequatur laboriosam voluptatibus velit harum tenetur.

- Capt K - "Prestige is like a powerful magnet that warps even your beliefs about what you enjoy. If you want to make ambitious people waste their time on errands, bait the hook with prestige." - Paul Graham

Career Advancement Opportunities

April 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 03 97.1%

Overall Employee Satisfaction

April 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

April 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

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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

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...”