What was your first task as a summer analyst?

First task I had was to make a US map with all the locations of the companies offices and the locations of their top 2 customers' offices (90 total) given an excel list of the states they were in (had to google their addresses).

Eventually was making powerpoints based on handdrawn slides from VPs, so it does get slightly better.

First thing I ever had to do was fill out 3 comps as a practice exercise, spent like 8 hours and was in the office past midnight trying to wade through a London listed company with no official 10k, just an annual report with a bunch of weird British language, honestly laughing now at how much pressure and anxiety I felt to get it done by the morning, hindsight showed the analyst reviewing really did not expect anything from me and was impressed I even got it done no matter how shitty it was lol.

Taking notes on calls. Exhilarating.

I began working with a full-time associate in clearing a VP's comments on a set of discussion materials. The full-time associate was cross-staffed on two live deals, so I was working directly with the VP, which was certainly intimidating at first. Comments weren't substantial in nature, but it provided valuable early reps in learning shared drive protocol.

By the end of my internship, I was working directly with an associate on the buy-side in clearing senior banker and sponsor comments prior to management presentations.

As others have alluded to in past posts, the majority of your time will be spent in PowerPoint.

First thing was filling out some jack off compliance virtual training bullsht for a few hours.

Night before I started, got a call from an associate asking me to deliver some kush to him and his boy.

Task 1: send a book to production and go pick it up Task 2: put a couple dots on a map for a company profile

Most “intern” task all summer was a week-long adventure of finding the best place and price to get a poster printed and to pick it up and bring it back to get trimmed.

pick up coffee for my MD

first ever task: compliance training + practice model

first real task: associate walks up to me, asks “do you like movie theaters”, and has me do minion work in powerpoint (e.g copy/paste model outputs). sunday 9am he emails me asking to come in and help him update comps. pitch didn’t go anywhere. welcome to IB.

Spreading comps

It's been awhile since my SA days....

I think it was research for one of the deals that one of the analysts was working on. Thankfully, things picked up shortly thereafter with a modeling/valuation work and research I did on a pitch.

Summer Associate, but Day 1 was * Make a working group list for a live deal * Do an LBO model based off the real LBO model in-progress for this deal * Create a PIB, read through and tab / highlight areas of interest to discuss with the team

Walked confidently into my freshman summer Wealth Management job wearing my nicest suit. I'd just finished reading the Intelligent Investor and Stocks for the Long Run, and fully expected to be the wolf of wall street within a few weeks.

First minute there, the PM slaps a 300-page binder on my desk filled with phone numbers of every 65+ y/o retiree in my city, and told me to cold call every single one of them. And that's all I did. For the entire summer.

Internships fucking suck.