Getting a headstart at Stern

Hello,

I was just admitted to Stern undergrad in the ED2 round. Since high school, I've been very interested in breaking into investment banking (or Asset Management if IB doesn't work out) and eventually lateraling to HF or PE. What can I do in both the upcoming summer and during my freshman year (besides maintaining high grades) to get my dream job? I'm a URM by the way. I was thinking at the least starting to go through the Rosenbaum/Pearl IB textbook and getting a solid understanding of the technicals. Any other ideas? Thank you

12 Comments
 

I've reached out to numerous places for both PWM, AM, IB, and etc econ stuff in my city (southern city with not a lot of places) and all of them have told me they only take interns who have completed freshman year, even when I proposed unpaid internships, so I can't really get an internship this summer. Also the startup scene in my city is dead and I'm not interested in working on a startup before school.

 

I'm only a Junior in High School so I can't really help, but I'd also like to see what people have to say. What I can say though is that I've started reading through the Rosenbaum book already and that thing is great. I find it very clear and very helpful in understanding the technicals. Congratulations by the way!

 

Enjoy your last summer after high school post-college and if you work, get a paid job that gives you spending money for the summer or college. No pre-college internship will give you any meaningful experience that you can really leverage when you get to college - just enjoy yourself, perhaps start reading more about the subjects as you mentioned, and focus on trying to get something post-freshman year.

 

It's admirable that you're taking your education and future career so seriously at your age. However, I suggest you enjoy your last months of being in high school.

Just keep learning at your own pace via the Rosenbaum/Pearl textbook and maybe (if you really can't help yourself) even sign up to a financial modelling course like Breaking into Wall Street. The latter is seriously great and will give you some hands-on modelling experience, which will be invaluable when you eventually interview for internships in college.

I also pretty much agree with everything notthehospitalER said.

 

Agree with the others. Enjoy your summer and don't hold back freshman year. You have the potential to make life-long friends during those first few months there (not just at Stern, but the rest of NYU) and that'll be incredibly more valuable than any paper-pushing freshman year internship.

Look for an internship for your freshman summer. Doesn't hurt to read those books if you have absolutely nothing better to do though.

 
Best Response

You are still in HS...

I've seen way too many people switch majors after first semester or first year to do completely polar opposite of what they wanted to do when they came in for orientation or during their first week in classes. First enjoy your last semester of HS. Most likely you will not see any of your friends from HS ever again (with some exceptions) Second, enjoy college experience, yes grades are important, but also the entire 4 years of the college life is important. You will not be able to live care free most likely after graduation and especially if you will continue to go into banking. Study hard, and enjoy the social life. You will make life long friends that might end up helping you down the road, and also don't forget that bankers are social people and they need to mingle... use this time to help you be more social as well :)

As they say network network network.

 

The JPM High School Internship Program may be of interest, in the event you're from the NYC area. Otherwise, I'd try and find some non-finance (but still finance-y) internship for summer after high school - perhaps a customer billing roles at a small startup, or see if you can do some job shadowing (externships) at local companies.

Then apply to Morgan Stanley's Freshman Enhancement Program in the fall as it sounds like you qualify. Network hard - lot's of Stern at MS, and hopefully that turns out well. Also, I'm not sure if you're aware but most people at Stern (and NYU as a whole) intern part-time during the school year, so try seeing if the PWM firms are open to you interning in the fall.

And yea, like everyone said enjoy your summer - it's the least one you'll truly have to enjoy with your friends, especially if you're on the finance track.

 

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