Instead of going through the BS of getting on the phone to learn more about what you do and then asking for internship at the end, isn't it better to just straight up ask if their firm is offering internships in the first email?? Wouldn't the MD appreciate you not wasting their time?
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Yes, an informational interview is just an indirect way of asking for a job. But being good at informational interviews shows that you're good at BSing. Which, let's be honest, is one of the most essential skills to working in banking.
This person has no way of knowing whether they want to recommend you or help you get a job. They have to get to know you some first. They do that by having a conversation with you. You'll also benefit from these conversations because you'll end up learning a lot about the industry and the specific banks. If you can't behave like a normal likeable person in these situations, you won't get hired or last in the industry.
Right, but I don't expect someone to hire me after writing an email.
The logic behind my method is that if a banker was even remotely interested in hiring an intern, they would respond to my email after looking at my resume and then have someone interview me. So either way, they get to speak with me.
You're logic is incorrect and shows a lack of both understanding about the industry and of business etiquette.
I thought like that when I first graduated from college too. I would still go about the networking the old school way: never ask for a job during info interview and let them come to you.
Yes, they get it: you are reaching out to get some leads to interviews and jobs. Yes, you get it: you want to "learn about their careers and firms", but you really want a job. However, it's about reciprocity. Networking 101 is about understanding "what's there for them?" They want to see whether you even have the basic etiquette to earn the informational interviews and present yourself properly. If you can't do that, why should they hire you in hopes of getting you in front of clients to get deals down the road.
It's a formality, but life has rules. Getting the internship through networking means you have the bare minimum skill to build business relationships, a skill required 100% of time for a senior banker (ask the MDs how much DCFs they do every day).
Right, but it's assumed that after I write an email asking for an internship, they would interview me if they were interested. I don't expect them to hire me right off the bat.
They wouldn't even bother interview you if you just asked for an internship. You dont go on a first date and immediately ask to fuck
A bunch of people have given you advice and told you why you're wrong, but you still don't except it.
Don't post questions if you're only looking for confirmation, and refuse to accept that you're wrong.
When you don't understand something, you continue to ask questions. You don't just sit there and nod your head and accept everything that is thrown at you.
Don't post stupid comments.
Let's reword that original post and see how it sounds...
*Isn't it better to ask to take your date back to your place directly?
Instead of going through the trouble of going on a date to learn more about what your date does and then asking to her if she wants to go back to your place at the end, isn't it better to just straight up ask if she is interested in going back to your place in the first conversation you have with her?? Wouldn't the woman appreciate you not wasting her time?*
Yeah I think that's a swing and a miss pal.