How to recover from early mistakes in my SA?
I’m a summer analyst starting my second week on the desk, and I’m already worried I’m not good enough to do my job.
A couple mid-level bankers took a group of the interns on my desk out for lunch recently and told us two things about being a good intern: (1) is having a good attitude and always being available to get an assignment done, and (2) is contributing enough to your team that your full time analysts miss you when you leave.
The first is solely an effort thing. I’m the first one to the office in the morning and I don’t log off until my team does. I reply immediately to my emails and I offer to my associate and analyst to process requests from the senior bankers whenever they come in. I’m not worried about the effort part of the internship because it’s entirely in my control.
Actually contributing, in however small a capacity, is a different story. I’m terrified I won’t ever be a net positive for my deal team this summer. I got my tasks done alright in week one…but my analyst had to give me dozens of edits over the course of an hour in a list I was updating for him. I’m really trying my hardest to be detail-oriented. I triple check my work…but things seem to still fall through the cracks, I misunderstand instructions, etc. It’s very, very upsetting.
Most of the things I have been asked to handle have been extremely simple. The one time I got asked to make a slide in a deck, I couldn’t get the formatting right at all. There wasn’t a precedent slide for me to use but the situation was still bad.
Just this evening I asked my associate and analyst if I could help process a very straightforward powerpoint request from one of our MDs…and accidentally left the two MDs copied on the email. My analyst told me my mistake and then told me that he’d handle the comments by himself. I don’t blame him, if I can’t even remember to switch to the right the mailing list for my email reply, why would he trust me to work on a presentation?
I’m writing this to ask anyone if they were a slow-starting intern or if they knew a slow-starting intern. How do I turn things around? What can I focus on/change to tighten up my work product? I’m trying my hardest to be careful and thoughtful, but it’s so far away from enough that it’s humiliating for me.
You’ll be alright mate. Get out of your own head, it won’t do you any good. Just try your best to keep improving. You sound aware of your mistakes and seem to have a hard working attitude. If the culture is not one of helping kids like that then that’s on them
I’ll suggest that don’t penalize yourself too much about it - mistakes happen. All you have to do is improve and not make the same mistakes again.
I suggest you make a new document where you are tracking every mistake you are making so before submitting an assignment/task you can go through the list quickly and make sure it’s not being repeated.
Also, no intern, no matter how good they are, will not be a net positive during the internship. Even as an analyst your first 6 months or so are useless five or take. Even you just being there for the team will help when it matters more. I wasn’t tasked with anything meaningful but when it mattered in like week 7-8, my analyst asked me to make a short deck that needed to be circulated with MD and client in the morning, the request came in at 3-4 am I believe.
It takes ur analyst time as well to warm up and start giving you tasks so don’t be worried.
I made a mistake probably worse than yours was in my first week on the desk and I ended the summer with basically top ratings and was told the same.
Believe in yourself and don’t get too anxious.
This is really good advice, was going to comment the same thing.
If you take away one thing, no intern is a net positive.
When you work with interns you need to triple check their work and take the time to explain things to them. Even if they don't make any mistakes (this doesn't happen, even when you hit the A1 level), you still could've done the work faster. Therefore, it is pretty much impossible to be a net positive, especially in a 10 week program.
Sounds like you are dedicated and working hard, so just keep doing your thing. Remember, you are an intern and your work should be marked up, otherwise the A1/ A2 isnt doing his or her job.
Pro tip: One thing I would do before leaving each night is check with every team member to see if there was anything I could help them with. If they said no, I would extend the offer to the broader team of guys I knew still in the office.
Pro tip II: Make a strong effort to build connections with your team. Ask if folks want to grab lunch / coffee, etc.