Freshman Interested in IB DCM/High Finance - Lost on what to do in Summer
As the title says, I'm a freshman at a college in the NY,NY,PA area interested in IB DCM and front office roles as a whole, and I don't have a summer internship or anything lined up yet. I've been looking and applying sporadically but nothing sticks, really feeling the squeeze and have no idea what to do going forward. I have a personal project/research I'm trying to work on that involves finance, financial modeling with R and SQL, as well as a personal touch to it, but still looking for concrete work experience that feels hard to come by.
if anyone has any advice, feedback, or opportunities for me to look into, please let me know.
Cold email every local firm whether its PE, WM, IB, HF etc. with your resume and a stock pitch or presentation you've worked on and express your interest in an unpaid internship (you don't have to say unpaid). On top of that, cold email search funds so you have a backup or an additional internship to do remotely.
For the proposed stock pitch, is the move to pick something niche(did a deep dive on agribusiness futures last week) or find a more mainstream industry and go all in on a stock that sticks out? Example would be talking about the potential of agricultural futures versus something like an energy company
It doesn’t matter too much, if you want you can tailor what presentation you send to each firm based on what’d be most relevant to them. Your goal is to just demonstrate your knowledge/passion more specifically outside of your resume, so whatever you’re comfortable to talk about is fine.
Gotcha, so regardless of the stock itself, the most important thing is showing skills/interests that aren't on my resume. As for the pitch, would something like 10-15 slides be enough? I've done a couple but I don't know what a strong/ideal stock pitch looks like.
Remove High Finance from your vocabulary
fair enough
Yup, any internship in finance for freshman summer is fine. If you're not at a target, I'd consider getting your transfer applications ready - will make your life easier.
I know Rutgers isn't a target school, but is it worth trying to transfer out? Considered it in the beginning but feels like a lot of resources for not much guarantee on whether ill get in anywhere better. Seemed easier to just bunker down for a long road and just full send.
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