Terrible summer interns? You judge.
A current analyst and have some terrible summer interns? A current intern and see some in your class doing terribly?
Not a few of my friends have told me recently they have less than capable coffee-runners around. Not that they're bad at getting coffee. It's when they've handled the coffee-running responsibilities and are finally given a chance to do a real project and... they can't do it. They ask too many questions. And finally, it takes them an eternity to operate in Excel.
Are any of them prepared for Wall Street?
My friends seem to think that they spent too much time networking and running to buy coffee in previous internships that they failed to learn the skills that would actually enable them, to, say efficiently analyze and present data. Like a number who didn't know what a VLookup was, or even how to operate a Pivottable...
Is this an emerging trend? Are analysts coming in increasing prepared with useless networking knowledge and not many relevant, on the job skills?
I'm inclined to say yes.
Unless you are fcking loser, you do not come into a finance job as an excel ninja. Maybe these guys are actually out enjoying their lives and not alt-tabbing from porn sites when an MD walks by. Just sayin.
... you sound like you're writing a college paper. get off your high horse --- I didn't know what Vlookup was either, and can't (and didn't need to build) a pivot table. Point is, none of it is hard to learn. the attitude matters the most. the rest will come.
I'm inclined to think you forgot where you came from and were probably as useless at one point in time...
Speaking of relevant on the job skills; what the fuck does this sentence mean?
if i was an interviewer and one of the guys i was interviewing didn't come from business school and still knew what vlookup and pivottables were for an SA interview i would ding them for being a tool
Summer Analysts have a 5-7 week gap between the time school ends & the start of their internships, no? It would be wise & diligent to invest 30 minutes of your day, during that period, going through excel and learning enough to get you through without negative opinions made about you. I think a general lack of preparedness is what haunts my generation to be frank.
I think there is a big difference between knowing what they are and being able to effectively use them right off the bat. They are SA's, they are supposed to ask questions and learn.
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