I struck out with recruiting for finance internships for freshman summer. The upperclassmen at my target(?) school downplayed how important they were, so I got a bit of a late start and didn't try very hard.
I'm still doing some interesting/worthwhile things this summer - I studied abroad for a month, will be continuing the economics research project I worked on for the last year, will be interning for a congressman, and plan to study the guides, read R&P, and get Adventis certification - but I'm worried not having finance internship experience will put me behind for recruiting.
I've heard people recommend fall/spring IB internships to people in my situation, but I have no idea what the recruiting process/timeline is like for that. Does anyone have any advice for how and when I should go about it? Also, does anyone know any banks that typically offer these sort of positions? Thank you!
Relax. Doing anything in freshman summer is optional, no matter what hardos say. Soph summer is much more important, but even then, these days many people get their junior summer internships before their soph summer internships. Most of the diversity and nondiversity guys I know at GS/MS/JPM from my semitarget didn't do anything in freshman summer and got mediocre soph roles.
Keep an eye out for good opportunities, but know that you aren't behind.
How is soph summer more important if most are signed beforehand?
Relative to the completely optional freshman summer. While most recruiting will happen before soph summer, many junior summer processes (especially PE/VC but also several banks) drag out long enough that you interview during your soph summer internship. Also, it helps to even have incoming soph intern on your resume when you interview for junior internships. I got asked about it in my all EB/BB interviews.
Not that you even need it but as a heads up, those fall/winter/spring off-cycle internships are generally only for Dartmouth students due to their trimester system.
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