How to extract as much as possible from the position
Hello monkeys,
I have managed to secure an internship at one of the biggest banks in my country. They are regional, but still gets a lot of deals. The position I have been offered is FIG Coverage. Tasks are market and company tracking, preparation of pitches for strategic opportunities etc. The team does not get that much modelling and M&A deal flow but sometimes helps with it.
How do you think I would be able to extract as much from the position as possible? Do you think that I could ask for more "modelling-like" tasks? I want to learn as much as possible from it and take advantage of the opportunity.
Thanks in advance!
bump
another slight bump
You can get modeling experience from both deals and pitches. If this is a true investment bank (i.e. paid for advising on M&A, capital raising, financing solutions), then there will be some sort of modeling tasks you can do. As an intern, you should probably just ask your analyst or associate if you can run the model or build out a part of it.
If none of those work, you can just ask them to let you play with a read-only version of the model. That way you can learn how it operates and learn how to rebuild it.
(I am the author of the entry, I changed it to anonymous and I do not know how to get it back xd)
So yeah the bank is basically a true investment bank - apart from having a commercial branch of it. So you'd recommend trying to be proactive all the time and asking for more modelling-like tasks. I understand I will be working on less deal flow than other coverage groups in other banks - M&A runs practically all the modelling here - but I wanted to be able to extract as much as possible.
Any other tips you could hand me? Cheers for the info!
Do a really good job on everything they ask you to do, and once you have some rapport, then ask if there are any more technical parts of a project that you can take a stab at, Keep in mind that it's ok if your summer doesn't end up being as technical as you thought/hoped it might be (it isn't for a lot of interns). The most important thing is getting the FT offer (assuming it's on the table) / making sure you're on good terms with the team in case you end up needing a referral somewhere
Amet porro est nostrum dolorem dolor delectus. Doloribus id quidem adipisci ab accusantium doloribus. Voluptatem quas accusamus vitae eum et. Perspiciatis id inventore sunt.
Voluptatibus officia placeat voluptas non. Deserunt dolor placeat ut et officiis iste nostrum voluptas. Voluptatem atque esse eos delectus.
Consectetur nihil ducimus ullam veritatis pariatur vel. Et expedita vitae quia velit quis. Cumque dolor ex dolores modi odit et omnis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...