No live deal experience on internship - what do I even write on my Resume?

Just a quick disclaimer - due to WFH compliance restrictions from my bank, interns were not allowed to work on any live deals

So basically here's my situation: Been told I'm not getting a return offer from my virtual IBD SA due to headcount so have to start thinking about FT applications. Despite constantly begging for work, I pretty much spent the time just updating comps and creating company profiles/ research/ aligning slides for pitches - apparently there was "nothing else we could do". Did no modelling outside of training.

How on earth am I supposed to spin this on my Resume into looking like I actually added value/ learnt something during my internship, or something I can talk about at interviews? Feeling like this was a massively wasted opportunity but it's not like I could even do anything about it

If anyone had any ideas on this/ similar experiences it would be really great

7 Comments
 

Had a similar internship experience (no live deals). Had an interview and the interviewer was obviously very understanding considering it was a bank wide policy and completely out of my control.

On my resume, I just focused on the training and the final project we did. Even though its clear I didn't add any value, I still made it sound like I learned a ton and would be well prepared for another banking role.

 

Thanks a lot - I had great training and had to do a final project so can definitely talk about them.

How did you go about quantifying those experiences on your resume? Or were they generally more "descriptive" bullet points on your resume

 
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Don't want to speak for others, but I for one do not expect a pre-FT to have real deal experience.

If someone says they worked on a live deal during summer internship, I will MASSIVELY discount whatever responsibilities they claimed to have had (unless they say something real like: helped set up data room/worked on Q&A/contributing to some slides). In fact, I might even really grill them if they say they worked in the model. And even if they say the truth, I will see it as impressive only because they were trustworthy enough for some other analyst/associate to staff them.

In reality, the things most of us care about are: motivation/appetite to work, technicals, attention to detail (with this we can teach you the rest) and can I stand to work with you. Show us that from your summer internship experience.

But the real question I will have though is "Why didn't you get the return" - so be solid and honest or at least feign humility in your response.

 

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