First step suggestions
Alright, i am a junior transfer from a community college and have taken only basic transferring credits and intro to macro and micro and intro to accounting. I am transferring into the economics major(hoping to pick up a finance double major) i have no finance experience only summer jobs at the beach. What should my first step be for getting an internship in finance? lol i have nowhere near the resume people post on here. just looking for a little help. thank you in advanced PS. great site!
First of all get > 3.8 GPA. Get involved in a finance/or related club at your school. If I am going to be honest with you I have to say that your chances of landing BB is very limited. If I wore you I would start networking with smaller firms, maybe you can find some in your own area.
Your first step should be to realize that you are a longshot and acknowledge the very difficult path ahead. If you are still interested in pursuing the field and have a genuine interest in it, then go for it -otherwise, you just saved yourself a lot of time, frustration and hard work (not trying to be nasty, just leveling with you).
If you are interested in the field, I would pretty much agree with the previous poster. Target a 3.7-3.8+ GPA, take a lot of advance accounting and finance courses, try to not just become a member, but play a bigger role in your school's finance/IB club - an officer or the like. Start networking now - alumni, even if scarce in the field, can be a very valuable tool, so start crafting emails and try to find out how they did it, what works, etc. Also, don't focus on BBs only; you can get a wealth of experience from boutiques and MMs, so focus on reaching out to them for internships as well, as a very small boutique could be much more receptive to an intern who comes from a non-target, but has solid technical skills (i.e. has taken a bunch of accounting and finance courses) as they often won't have the resources or the staffing to train them on these things and want an intern to hit the ground running.
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Transfer to another college if you can. I went to a non-target, and had the opportunity to transfer to a target school in my junior year, but which would have added 1 extra year of studies. I didn't do it because I thought it wasn't "worth it"...a big regret I have now.
Grades, finance activities + networking. It's gonna be tough though!
A lot depends on where you transferred in to. I'd advise taking an extra year to graduate, leaving the community college off your resume, and building a network. If possible, get a school-year internship and start to add experience. Target a 4.0 GPA, no reason to settle for 3.8. Everything said above is good
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