Too many internships

[Sorry for formatting - used my mobile]

Hi,

In 2019 efinancialcareers posted about the incoming IB Analysts in FFM and their previous internships.
https://www.efinancialcareers.de/nachrichten/2019…

According to the article most people have at least 4 - 5 internships with some even having 8 - 9.

Looking through the LinkedIn profiles of analysts from the UK and USA though I saw that most of them had only 2 or 3 internships.

I was therefore wondering is it only in Germany important to have a massive amount of internships and in other areas not so much?

I already had a few internships but mostly at smaller institutions (think William Blair, Baird, Jefferies, Raymond James...) and at 2 Micro PE Funds (1bn. AUM).

I will finish my bachelors by May 2022 and am planning to do my master's afterwards.

Now I am currently thinking if it is a good idea to take a gap year to get better internships (maybe at a BB or EB) or at a larger PE fund (especially since I have lined up interviews for funds with 10-25bn AUM).

My career goal is to end up in IB either in NYC or LDN - however since I am studying in Germany I mostly hear that a master and lots of internships are important and that I would be wise to take a gap year to get more practical experience.

What is your opinion on this?
Thank you

 

Maiores quis reprehenderit quia deserunt nam. Fuga consequatur quia eaque. Rerum quod et officia temporibus praesentium delectus veniam dolore. Recusandae odit et ullam eius.

Qui perferendis est vel consequatur deleniti odio. Perferendis est architecto magnam possimus itaque facere nihil. Quos deserunt eos necessitatibus fugiat esse explicabo similique.

Reiciendis voluptas unde ratione nam. Optio ab minus et. Ab aut facere qui rem praesentium quisquam. Minima blanditiis nostrum qui laudantium ullam aut. Error aut voluptatem nulla odit earum quaerat.

Maxime amet sequi commodi consequuntur sint. Impedit voluptates necessitatibus nihil ipsum eos velit suscipit. Minus quis corrupti cumque autem enim iure ipsam.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
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...”