Off Season Internship

OK I recently applied for an offcycle internship at Goldman in Houston and I have not heard anything for them. Granted, there was no open position on Goldman's website for the Houston office but application allowed me to apply anyways so I did. (It said they will contact me once the position opens up)

So, I was thinking if it was ok if I could call the Houston office and ask them if they have any open positions and see if they would give me a chance. You guys think this is a good idea? I really want to work there. Always been passionate about financial sector (i'm an economics major)

Also, I have a weak GPA so I really want to woo them with my attitudes and passions.

I want make sure I dont cross the line from passionate into restraining order.

 
Best Response

So...the online method of submitting resumes to GS is worthless. You'd have better success folding your resume into paper airplanes and throwing them off a tall building. You need a contact in the company. You really ought to have a contact in the Houston office, if that's where you want to be. They list off-cycle internship on the website but don't think that they actually exist in every office. It is very unlikely that you'd be picked up as an off-cycle intern.
You're a rising sophomore, correct? They're not going to pick up someone who has just completed one year of school to be an IBD intern. Even a rising junior (fresh and soph years completed) is incredibly doubtful. They want rising seniors. They interview rising seniors. And it's very tough to get in even at that main entry point. If you were to speak to someone in the Houston office today, they'd tell you to focus on getting your GPA up as high as possible. Then to focus on finding a decent internship next summer, perhaps with an oil company in the finance dept. Get involved with the student investment fund at your school. UH has the energy finance degree concentration, they have the honors business degree program, get involved in those. The reality is that a rising soph with a weak GPA and no connections, who just submitted his resume via gs.com has zero chance of getting anything but an automated response 3 months down the road saying thanks but no dice. If you're truly passionate, you'll have the patience and make the efforts that I listed above. You won't get into an IBD internship right now, but it's possible that 2 years from now you might.

 
OGBanker:
So...the online method of submitting resumes to GS is worthless. You'd have better success folding your resume into paper airplanes and throwing them off a tall building. You need a contact in the company. You really ought to have a contact in the Houston office, if that's where you want to be. They list off-cycle internship on the website but don't think that they actually exist in every office. It is very unlikely that you'd be picked up as an off-cycle intern.
You're a rising sophomore, correct? They're not going to pick up someone who has just completed one year of school to be an IBD intern. Even a rising junior (fresh and soph years completed) is incredibly doubtful. They want rising seniors. They interview rising seniors. And it's very tough to get in even at that main entry point. If you were to speak to someone in the Houston office today, they'd tell you to focus on getting your GPA up as high as possible. Then to focus on finding a decent internship next summer, perhaps with an oil company in the finance dept. Get involved with the student investment fund at your school. UH has the energy finance degree concentration, they have the honors business degree program, get involved in those. The reality is that a rising soph with a weak GPA and no connections, who just submitted his resume via gs.com has zero chance of getting anything but an automated response 3 months down the road saying thanks but no dice. If you're truly passionate, you'll have the patience and make the efforts that I listed above. You won't get into an IBD internship right now, but it's possible that 2 years from now you might.

k got it. thanks for the advice

 

Sit ratione ut eius est. Odit consequatur perspiciatis id molestiae enim. Omnis ipsam a illum quia. Quibusdam voluptate omnis doloribus adipisci qui molestias. Rerum temporibus enim delectus consequuntur.

Nobis ab fugiat adipisci consequatur. Voluptas eligendi aspernatur cupiditate quis vitae. Qui vero vel facilis saepe.

Et explicabo et rem. Velit quisquam mollitia qui adipisci fugiat est nobis. Aliquid voluptate voluptatem quod et optio et. Rerum at hic explicabo labore qui. Sit vero inventore aut omnis aut. Nesciunt voluptates voluptate soluta aut dolore molestiae ad. Architecto incidunt vel aut voluptatibus dicta doloremque autem.

Nam mollitia repudiandae et sint laborum est iste est. Deleniti vero et doloribus recusandae doloribus.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.9%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 04 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”