How to be productive, Gap year

I have to take a gap year/start a semester late as an Econ major at a target school. What courses/skills are worth investing into for finance? Is there anything I can do or learn that’ll give me an edge as an aspiring intern?

I’m looking into IB or any other Finance stream

 
Most Helpful

Travel. Seriously. There is nothing you can do pre-college to improve your chances, especially since you're already at a target school. IB is not going to be a hard path for you from your position. High school or gap year internships are useless by the time recruiting comes, and while you'll eventually have to learn technicals for interviews that takes approximately 2 weeks and should be a focus in your sophomore year, not now.

Go on one of those gap year programs and see the world for a bit. You'll never have this kind of opportunity again, go learn something about yourself and get some good stories in the meantime. Everyone I know who has done one of those said it was a life-changing experience.

 

I agree. Nothing to do before starting uni / starting work. Don’t worry about that. Travel. You’ll possibly never have that chance again in your life. Solo travel is the best. 
 

If you really want to be productive, learn a language when you travel. You could go to South America and come back fluent in spanish, that would be pretty cool. Moreover, as an interviewer I would rather speak with someone that has cool travel stories about some remote Caribbean island than some nerd that tells me about a finance competition 🤷‍♂️

 

Yeah for sure. I am at a top group currently and I spent my first interview talking about my trip to Rio for 10mn (interviewee was going there on hols), and last interview literally spent 25/30mn talking about jiu jitsu and martial arts. 
 

My previous job one of the partner lived in Hong Kong so we spent about my exchange semester there for quite some time as well. 
 

Ultimately people want to recruit PEOPLE, and financials are just to sense check if you can do the job. 

 

As someone who took a gap year before starting college, I have to echo what was said above.

Travel. See the world. Meet new people. Find what you love.

I was lucky enough to explore a good chunk of the Western Hemisphere before going back the New England/Mid Atlantic for college, and I wouldn’t change it for anything. In fact, looking back, I would have spent even longer abroad.

You can sign up for one of those “gap/year abroad” specific programs, but unless you want to be surrounded by the same kind of people you’ll end up with in university, except even more insufferable because now they think they’re “cultured” from a little bit of traveling without their parents, I would recommend doing some solo travels. Stay in hostels, meet the locals, find a small non-profit in some tucked away place and volunteer with them for a few months. Try to make a path that hasn’t been tread before and you’ll be astounded by how fast you’ll grow up and accomplish.

 

Re the 'travel abroad' point - try to do in a way that collects unique experiences and lets you learn new and interesting skills. I.e. don't just sit on a beach for one year - you can also pick up skiing, learn to play tennis, or a new language etc. All valuable and interesting skills that will last you a lifetime.

 

I do agree that it’s definitely the time to get some unique experience. 
 

however, as an American being 18 or 19, tbh even going to a beach somewhere in South America or so it Southeast Asia will give him a good exp if he speaks with locals. 
 

But if he can learn cool new skills like new language, skydiving, skiing, trekking, martial arts or something, it would definitely be the cherry on the cake. 
 

I think this is the time to have fun, not to plan for the future. And while having fun cool stories will always come.

 

I do agree that it's definitely the time to get some unique experience. 
 

however, as an American being 18 or 19, tbh even going to a beach somewhere in South America or so it Southeast Asia will give him a good exp if he speaks with locals. 
 

But if he can learn cool new skills like new language, skydiving, skiing, trekking, martial arts or something, it would definitely be the cherry on the cake. 
 

I think this is the time to have fun, not to plan for the future. And while having fun cool stories will always come.

Yeah but my point being if this guy is going into IB this could be his last chance to pick up one of those skills for a long time

 

Autem et vel distinctio iure est. Numquam deserunt cupiditate tempore ut eveniet. Aliquid dolores quia cumque debitis molestias explicabo. Unde vitae non et et distinctio hic. Animi quo optio explicabo sint dolorem vitae explicabo voluptatum.

Esse optio atque enim aut atque repudiandae id. Quis quam aperiam sit ut ut dolorem necessitatibus.

Id dolor numquam rem corrupti. Et commodi repellat iure et voluptates delectus.

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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
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...”