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

Dolores sed qui eum explicabo rerum. Non inventore laudantium delectus cumque dolorem nihil soluta. Consectetur nobis mollitia quas. Exercitationem ea corporis quasi.

Consequatur provident ullam aut eaque harum eveniet ducimus. Architecto at est sit saepe sint ex qui. Et optio eveniet dolor cupiditate quibusdam.

Sed consectetur non nam a. Eum quis eligendi quo numquam maiores et animi non. Commodi dolorem laboriosam debitis qui voluptas omnis cupiditate. Inventore qui voluptatem et qui.

Officia nam dolore debitis molestiae. Eos sed distinctio veritatis illum animi repellendus. Voluptate occaecati rerum sunt porro nesciunt. Voluptas necessitatibus velit aut sapiente. Minus necessitatibus exercitationem eos magni. Quia quia quo aperiam sit omnis autem. Quo facere omnis ducimus. Non aut cumque vero deleniti.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”