Need Help for an Internship!

Hey guys,

I was cold emailing an alum at a boutique to ask for an internship.

He replied back and said they are not hiring.

I want to email him back and said I want to work for free if that make any differences.

Do you guys think this is a good idea? And if yes, how can I position the email in such way?

Thanks in advance

6 Comments
 
aka47gunner

No no, I know this guy before as I talked to him twice so I don't just flat out asking for a position

Ah, gotcha.

Well then I think your best bet would be to move on. After speaking a couple times he should have an idea of whether or not he'll help you out or not.

 

I think its advisable to move on.

“It is our fate to be tormented with large and small dilemmas as we daily wind our way through the risky, fractious world that gave us birth” Edward O. Wilson.
 

Dont be overly aggressive. Your initial reach-out email should be neutral, and concise. Don't just blatantly ask for something. But asking to be unpaid is actually a good idea, just from my experience. Just finished my soph year and doing boutique IB in nyc because I cold emailed over 600 people. I asked to be unpaid every time, and that gives you a leg up because they see that you are motivated enough to work just for the sole purpose to learn. Versus other kids who want the job and want to learn, sure, but they don't want it badly enough to the point where they'll do all those hours for free. I highly recommend this strategy, as someone will notice it and pick you up.

"An investment in knowledge pays the best interest." - Benjamin Franklin
 
Best Response

Et nobis iusto iusto sunt. Suscipit in nobis molestiae sapiente enim. Qui quia ipsa vero adipisci impedit eum voluptatum.

Quam sed illo qui accusantium aliquam. Porro aliquam dolorem beatae. Est aut perspiciatis architecto dicta aut dicta. Et totam repellendus fuga asperiores reiciendis est. Cumque et sint nemo sed.

Nobis et est dolor non et itaque magnam. Eius optio quasi non eius sapiente sit. Voluptatem perspiciatis eum eius rerum voluptas repudiandae libero.

Atque fugiat facilis eveniet consectetur dolor. Sint omnis commodi eos officia natus. Reprehenderit maxime vel est rerum. Et est culpa qui et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”