IB Job Title at Boutique - Help
Had a post the other day, just following up. I just finished freshman year studying finance at a non-target in Canada and was able to network and land a internship at a very small boutique investment bank where I'm from for the summer. My official title is "Investment Banking Intern", but the position is fully remote, unpaid (obviously, since I'm a freshman), and the general roles of me and the other interns is just raising equity for the deals they source, they have us do some DCF & LBO modelling, have us help on some IPO's and M&A deals to beaf up our resumes (very nice of them), but the compensation is just giving us that title (which is fair).
My issue is that I honestly feel weird and kinda cringy having the "Investment Banking Intern" title on my resume or linkedin - it feels misleading (since I just finished freshman year and the role title sounds insane) and I'd rather have maybe like "private equity analyst / intern" since they have a venture capital arm where a lot of the deals are sourced from, so it would make sense (to me it sounds more realistic, could be wrong)
But yeah, just want some insight or advice, just having IB Intern on resume / linkedin, (when to be fair I am doing work IB would do), but not doing challenging or even a lot of work, it feels misleading and weird to have it on and potentially get interviews cause of that title and have lacklustre things to talk about, etc.
Any advice would be great to hear or just thoughts in general (really grateful for the role, but yeah).
Based on the most helpful WSO content, here's what you need to know:
Job Title Considerations for Your Resume and LinkedIn
Accuracy and Honesty:
Role Description:
Perception and Realism:
Leveraging the Experience:
Networking and Future Opportunities:
Example Resume Entry
Investment Banking Intern
Small Boutique Investment Bank
Summer 2024
- Assisted in raising equity for sourced deals - Conducted DCF and LBO modeling - Supported IPOs and M&A transactions - Gained exposure to venture capital deals through the firm's VC arm
Example LinkedIn Entry
Investment Banking Intern at [Boutique Investment Bank]
June 2024 – August 2024
- Participated in equity raising activities - Performed financial modeling (DCF, LBO) - Assisted with IPO and M&A deal processes - Engaged with venture capital deals
By clearly outlining your responsibilities and the skills you developed, you can present your experience in a way that is both honest and impressive to potential employers.
Sources: What should go on my resume and cover letter in my circumstance for internship applications (RE specific), If I see another "Incoming IBD Analyst/Summer Analyst" on LinkedIn.. I'll k--l someone, Q&A - Private Equity Internships, Can you put deal experience on your resume as an intern?, https://www.wallstreetoasis.com/forum/investment-banking/putting-summer-analyst-instead-of-summer-intern-on-resume-bad-idea?customgpt=1
Investment Banking Summer Analyst. Nothing else.
this shit does NOT matter 😭😭😭
title doesn't matter at all for freshman year internships, people will mentally bucket all of these internships similarly
Your question has the assumption baked in that people will expect something different or more impressive than what you described when they see “Investment Banking Intern” (or summer analyst) on your resume. The reality is, when people see your freshman year internship, they’ll have a vague idea of what it entailed and that vague idea will align almost 100% with how you’ve described the role.
In other words, there’s no tricks here. We all know how it is. Nobody expects the freshman summer IB intern to be leading a sellside M&A deal, or the freshman summer PE intern to be leading the IC committee valuation and presentation materials. We already know you just did some random bullshit for the company when they had the time and inclination to assign you anything at all.
Having this type of internship just shows you have an idea of the industry, you have enough initiative to somehow find a role for yourself in the first couple years of undergrad, you understand the concept of networking and interviewing to obtain a role, you maybe even faced a few rejections and persevered, outcompeted or outnetworked a few other students, etc. Beyond that what matters is you’re actually able to communicate what the company does, what you personally did over the summer, and that you actually learned *something* from your deals and projects and understood *something* about them. Something you couldn’t just read on the internet, but that actually came from your unique experiences on the job and working with the people on your team.
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