Spoke with a guy at BAML
Spoke with a family friend who recruits for BAML at an Ivy (I think he does other stuff too, not sure yet) about how to best prepare myself for TMT M&A and he said that every internship I have from now on should be in TMT M&A. I should not do corp dev at Apple, I should not do IB at some random boutique, I should not do S&T... I should just do TMT M&A. He said if I don't, people will think my interests are all over the place and that I'd appear to lack focus and direction. Can anyone shed some light on this? If that's what the BB recruiters want then I'll do it but it just seems kind of crazy.
I agree-- I feel like as an undergrad there is a certain amount of uncertainty expected from you. I don't think a bank would ding you because you did a boutique IB internship or worked in FIG or something.
But then again, I am not the recruiter, your friend is.
It makes sense, your exposure to a specific industry usually carves out your career path.
For example, I have been getting a lot of exposure to industrial in the Midwest, and Im beginning to see myself working in industrials. But at the same time if you dont have a internship or job lined up, take anything you can get.
I agree. People are impressed when you can show them that you worked in their specific corner of the business last summer at competitor X and the summer before that at competitor Y etc. But that is pretty unusual.
If a TMT M&A group is hiring they will obviously look favorably on someone who has experience in the field. I still think you should be fine if you get some IB experience but he's the recruiter. If you want to do TMT and you can get an internship then you should obviously take it. If you can't get in the specific field some experience is still better than nothing.
The real question is, is BAML really hiring in 2012 ?
I don't even know if it's gonna survive until then...
Assumenda maiores ut molestiae ex quia aut aliquam. Est quo ea ea qui cupiditate dicta. Rem aliquid facere officiis modi et itaque sunt. Pariatur inventore beatae dolores ipsum. Praesentium nulla asperiores eveniet expedita. Molestias quia culpa et ut.
Sit dolor dolorem porro suscipit. Placeat omnis quo est hic aut. Aut sit tempore corporis repellat molestiae. Libero sunt perferendis exercitationem nam non reprehenderit dolor quibusdam.
Tenetur atque sunt accusamus nemo saepe sint voluptatem. Aut id modi quia. A enim vel molestiae voluptatibus molestiae minima. Et explicabo quo illo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...