How to make my internship sound sexy?
So, I'm an MSc student in UK. My current internship at at a very very very small boutique advisory (with focus only on tech M&A- lower mid-market) in my home country. I'm doing this so that I can land a real intern post Masters, but the problem is that my work doesn't seem relevant. My peers have worked on some serious stuff and huge deals.
What I actually do-
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Write "reports" (which are later converted to decks and ppt format and font/style work) talking about M&A trends in tech. My company looks at targets in the cloud/SaaS partner space, so it makes reports on the past transactions, and deal rationale and trends. This is used for marketing purposes- to show, oh, we're so awesome cause we know about this and can advise you, and so come to us. They made me write 3 reports and scrapped half my research.
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Make company snapshots. It's not even proper financial analysis bruh. It's a one page summary that the MD/associate needs, so that he can reach out to them. I think my MD wants to purse this targeted buy-side deal, so we're looking for viable targets. These companies are all private companies, so pulling out financials = relying on whatever the management says.
I really feel so stuck, it was really hard to get an internship, so I was forced to settle for a shop that has really poor deal flow (think 2 per year). The only thing we care about whether companies are cash positive + strategic fit. Is this normal or am I fucked?
I had an ER internship before this and honestly, they didn't let me touch the models, but at least, I read the news and we had morning calls, and I was reading their reports, could learn stuff and write about it in my CV. Here, idk. I try to ask many questions, but the MD is usually busy, and the analyst I'm working under the gives some random answer.
So:
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What can I do (I feel like I'm becoming dumber)? How do I use my time in this internship?
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How can weave this into a story to show that I actually learnt something and won't be useless in my next actual role? I'm an MSc student, so I'm assuming the bar is going to be higher.
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Has anyone else been in such a situation? What kind of work do interns get?
Just wondering, how much are they paying you in £ bro? Hope someone can answer your questions though!
Barely anything. It's been rough and I just settled for experience, so that I could talk about it and show my commitment to the field. My issue is not the comp, but the need to become more better at what I'm doing.
The work that you have been doing and that you think "is not relevant" is more or less very similar to what type of work you will do at a BB.
As an intern, you can forget about working on "cool" financial models, most of the stuff you be doing are admin / data base and maybe some slides here and there
Damn, thanks for this insight.
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