Question regarding contacting Boutique for Internship

Hey I'm a new poster but relatively old lurker.

My problem:

I cold emailed to a bunch of small boutiques for a summer internship since I go to a no-name school. I have some finance experience, but none in I IB though so I wanted to get some IB into my resume before I apply for FT. Alot of them say they are not hiring interns though, but one MD said my resume was strong and he would consider me once I graduate ( Does this mean I would probably get atleast an interview for an analyst gig). So two questions, what should I email back to this MD and also the other boutiques to leave the door open for the future FT opportunities? Would it sound desperate if they said they weren't hiring interns and then I offered my services unpaid?

Thanks for the help!

7 Comments
 

Yeah it's desperate if you offered services unpaid considering that they said they're not hiring. A part of it comes down to not to the money but it's because they don't have enough work to go around and have to spend time training you. Just tell the MD you'll contact him once you grad again and its pretty certain that he'll at least give you a shot at it. Good for you to have heard responses from cold-emailing though, my friend did that recently and he got like a 10% response rate. Are you in the west or east coast?

 

I'm on the East Coast and yeah I emailed alot of places, so 10% response rate sounds accurate to me too but then again I dont know how long they take to respond usually.

 

Est exercitationem dolor cupiditate autem. Cumque voluptas et cumque dolores aspernatur veritatis delectus quisquam. Maiores vitae illum rerum amet consequatur facere et. Tempore repellendus consectetur sint quis.

Consectetur aspernatur et adipisci et harum alias. Incidunt nihil iste modi minus quo. Repudiandae et tempora ut corrupti sit explicabo quaerat. Cumque placeat accusamus quia omnis. Sint voluptas autem veniam labore magnam temporibus impedit. Aperiam accusamus illum qui.

Totam enim est et aperiam. Exercitationem eos vel quibusdam nemo. Sit molestiae et corporis ullam sit quas porro. Quis rem eius ratione ex excepturi doloribus. Autem id magnam et a quas.

Nihil alias et magni expedita. Vero ipsam qui fugiat eum nam distinctio. Ipsam voluptate totam deserunt doloribus tempore voluptatem. Quod reiciendis quis vitae hic.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 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 (56) $261
  • 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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
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...”