What's Bare Minimum as an IB Intern?

Yes I am a horrible person with terrible work ethic.

Now that out of the way - how do I put in the bare minimum at my IB Internship at a BB?

I do not want a return offer. I have grinded all year and networked to land a FT role in PE after the summer (I know my stuff in my segment and am constantly learning/building my network there).

Why am I doing the summer in the first place? To get the brand name and get some technical training that can translate well across asset classes should I wish to move around in my PE shop.

So - how do I spend my summer without getting absolutely wrecked? I still intend to put up high quality work and have lots of coffee chats at the firm across teams - but I am not interested in staying longer than I have to, or brown-nosing the entire team. I don't know my team yet but will either be M&A or TMT.

Any advice?

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You sound like the sort of dude that has never been laid in there whole life. If you're going to do bare minimum then why not give up the internship so someone who wants it more can do it. With an attitude like yours, I have no doubt you will not go far. Attitude is everything. You never know when these IB guys might come in handy down the line. Got a feeling I know who this is. PE recruiting really has gone to s**t.

 

With an attitude like yours, I have no doubt you will not go far. Attitude is everything.

An attitude of not wanting to sweat my ass off doing 100+ hours instead of 70 hours a week? Yeah sure, I'll go nowhere.

I've gotten very far despite having chronic illness all my life. I've earned both my summer and my full time role in PE (their first every analyst), and will never apologize for not wanting to sweat aimlessly to focus on my health and sanity.

Best of luck with your internship/job, hope you don't let it become your entire identity.

 
Most Helpful

Interns don't really get wrecked too much. You will still have to pull decent hours (9-10/11pm at most places) but I would caution you to not be a really terrible intern if you're staying in finance. IB/PE is an EXTREMELY small world and it is not in your long-term benefit to be known as a historically bad intern. Plenty of the people you work with will end up in PE one day, or could potentially help you yeara down the road. Facetime is silly, but leaving at 7pm every night will get you a lasting bad reputation. Commit yourself to learning this summer, 9 weeks is an extremely short time.

Can I ask why you grinded for M&A or TMT, two of the sweatiest groups, instead of placing yourself in a lower tier but still brand name group?

 

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