How should a freshman highlight his boutique bank experience?
Hey guys,
As a freshman, I was able to secure an internship with a boutique investment bank in my region. This bank specializes in turnaround work and bankruptcy consulting, especially with companies working in lumber, flooring, etc. In this industry, the bank definitely has a great track record but I have no interest in this particular industry.
Anyways, I initially took this internship because I felt like the small size of the bank would give me a lot of hands on experience and a huge step up when applying for internships next year. However, since i have gotten here, the partners have taken on several additional deals, and nobody has really had time to hold my hand through the work that they do; instead, I am left to do whatever I want for most of the day. I usually find myself working on writing reports on the companies and have recently did a summary "sales pitch" on several companies that are being sold.
Nonetheless, I feel like the reports I wrote were much like school reports; it was a matter of my finding the information from different sources and combining it into one document. It kind of bothers me that none of it was my own thinking and I feel like I am not learning too much. Essentially, all the stuff I have done is qualitative and even then, I haven't learned as much as I would like about the different kind of loans and how they are all affected after a company defaults on them, etc.
How can I highlight this summer experience when I apply for internships next year with BB's. I definitely want to highlight the experience and it will certainly be a big part of my resume; however, on the other hand, what experiences and knowledge can I say I got out of the internship that recruiters would value most? Also, if it helps, I have a 3.95 at a target after my first year.
Thanks guys and sorry the post is so long!
use keywords (i.e investment banking analyst) - no one cares what you did aslong as you were in investment banking, you will have plenty of time to gain experience when you get a real internship
Thanks for the response highflyer. I had my doubts about emphasizing investment banking though because even though the bank i work for is an investment bank and provides services to raise capital for companies, none of the deals they are currently taking on are actually taking use of this service. Instead, they are doing a lot of turnaround consulting for companies that have already defaulted on their debt and are in various stages of bankruptcy, receivership, etc.
Can this still be considered within the scope of investment banking or does it start to sound more like consulting? Thanks again for the response!
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