I just go an internship with a retail mortgage loan officer. What should I be trying to do? I'm not a junior yet, so I have some time and just saw this internship posted on my college's career board. I got the internship and now am wondering what kind of experience I should be trying to get if I want to eventually try to get an internship at a banks IBD?
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Run. This is some cheap ass mortgage guy wanting a free assistant to put files together or make sales call or something. I did mortgage for 6 years and just got out and into IB. Thats not a real internship and will be looked at horribly by interviewers.
Really? It's that bad? Would be better than having nothing because this is just a spring sem. internship that takes 8 hours a week.
If you have no other option sure, do it, I would not do it for free though. Are you interested in real estate? I just say this stuff because it wont have anything to do with inv. banking or the markets really at all, if thats what you want to do.
If you have other options, do them. If you don't have any.....well, something is better than nothing.
From what you guys said, would this internship even help me (even if I don't have any other finance related internship)? From the job description I got and from the description above (which by the way PeakLapel, you said the whole job description up there) I don't think this would me AT ALL. I'm just going to end up doing admin work and doing nothing related to finance whatsoever. What should I do? It's nonpaid and I don't want to be wasting my time, but I have nothing on my resume related to finance (still have some time before I'm a junior and have to go searching for SA spots)
Just do it, Im being a bit negative bc I left the industry LOL....Its a tough biz right now, but in reality, NO internship is going to have you doing any real work, the point is to network and listen it to people within the career path you want, thats all.
I feel bad scaring you off from it, go for it, enjoy it, ask a lot of questions. It cant really hurt you in all seriousness. You just wont have the same resume builder as someone with an actual IB internship, but thats not the end of the world by any means.
PS you said "retail bank" I may change my tune if this is at an actual bank, can you clarify?
If you have nothing else, use it as leverage to get the next thing. You're getting close to graduation and need to start putting something, anything on your resume. If you have other stuff, then post your resume and let the others judge it.
My point is that it's easier to get something once you have something......
Killer Retail Banking Internship (Originally Posted: 05/05/2014)
Hi guys, I was wondering if you knew any retail banks that had good internship opportunities in/around the NYC area. Im a junior at a non-target and struck out on IBD SA recruiting but trying to get some good networking leads. Also, do you guys think Ian is a name that suits a retail banker? Thanks for the input.
You want to make a killing in retail banking... where's your gun?
Ian is a pussy name
Sorry pal, that's a non-target name
Retail Banking Intership? (Originally Posted: 03/28/2013)
I spent some time searching for this topic and couldn't find anything, so if this has already been addressed I'm sorry, but I'm going to be a freshman at a non-target next year, and would have the opportunity this summer to do some work for a local retail bank. Will having this experience to put on my resume help me leverage that into an SA position next summer? I know a lot of people on this forum preach that the freshman summer doesn't really matter but I want to possibly get BB SA my sophomore summer, so I want to get experience as soon as possible. My concern with the retail banking internship is that it will give the i-banker looking at my resume the idea that I think ib and retail banking are the same thing. Could that happen or am I just being paranoid?
Do what you can when you can do it kid.
It couldn't hurt, though I'm not sure why you would want to spend the summer before college working at a bank - that's a pretty good summer to have free.
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