Winter Internships for foreign students
Hi guys
I know this question is asked a lot, but my situation is a bit different to usual
I'm an Australian student halfway through my degree so internships are now available for application. However I will be in the US this August... when interviews take place. I had a contact in a BB who passed on my resume etc to HR and I got a call from the recruiter. She told me that interviews take place during August, but if the firm felt the applicant was a right fit, they would make extra time to interview them. Considering they sift through thousands of applications, would they actually make time for one particular candidate or was she just being polite?
So I figure since I will be in the US this year I am going to make my way to NYC for a week or so and see if I can meet a few faces. I will probably have to try come home early if I do get an interview.. but I was wondering if there was any possibility of applying for winter internships while I'm in NYC? (in case I can't make it to an interview here at home) I know it's a fair stretch and highly unlikely but it wouldn't hurt to exhaust every possibility. Should I start maybe emailing firms in NYC and just seeing what's up?
Cheers
Nothing is stopping you from trying, but from the experience I had, most companies do not give internships to foreign students but im sure there are special cases, and especially if they really like you/you are really good and/or you have kick ass connections.
In my case I went to a recruiting week at my uni when I was studying abroad in boston and BB's told us quite clearly that they cannot take foreigners due to visa purposes.
What will be your visa status ? I had a J1 and it specifically said that I could not work on US soil with that visa.
Give it a try and best of luck man !
Summer Priorities This month we asked hiring companies about their priorities for summer associates – and then asked ourselves what this might mean for the industry. Leading indicators are a matter of interpretation, but it's interesting to see that the top priorities for summer associates on Wall Street are all about the fundamentals: providing service and advice to clients – on the front lines and in the back office.
Constance Melrose, Managing Director, eFinancialCareers North America With on-the job training and incredible access, the prototypical Wall Street summer associate has one goal in mind - return to campus with an offer. Capturing that prize may be elusive, about half (49%) of Wall Street firms expect to extend offers to 10 percent or less of their summer associates. That's according to the nearly 160 firms who've shared their expectations on the 2011 class with eFinancialCareers – many of whom increased their class size this year as compared to last summer. While the summer associates will learn how they are progressing over the next few months, we were intrigued by where the hiring was taking place. We asked ourselves – can the hiring of summer associates be a precursor to Wall Street's hiring priorities? Is it a leading indicator? Here are the priorities: • Operations – Operations is a multi-faceted area delivering execution speed and streamlined processes to banking, sales, trading, and asset management. Currently, operations job postings on eFinancialCareers have grown more than 80 percent, as compared to the prior year; • Debt/Fixed Income – After 15 straight months of job postings growth in this category, it's not a great surprise to find this is a summer priority. Interest rate products, credit products and even mortgages are all sourced from this group; • Corporate Finance – Wall Street competes to offer the best advice for corporate balance sheets including share repurchases, financing strategies, derivatives, and cash optimization; • Research – Associates will help generate fundamental research and analysis of companies, industries, markets and economies. In this category, eFinancialCareers job postings have jumped 53% yr/yr; and • Compliance – Former regulators and enforcement officers can populate this department and teach summer associates the complexities of ensuring compliance in a global financial firm. With regulatory reform still being implemented, there will be plenty to talk about.
Summer Priorities This month we asked hiring companies about their priorities for summer associates – and then asked ourselves what this might mean for the industry. Leading indicators are a matter of interpretation, but it's interesting to see that the top priorities for summer associates on Wall Street are all about the fundamentals: providing service and advice to clients – on the front lines and in the back office.
Constance Melrose, Managing Director, eFinancialCareers North America With on-the job training and incredible access, the prototypical Wall Street summer associate has one goal in mind - return to campus with an offer. Capturing that prize may be elusive, about half (49%) of Wall Street firms expect to extend offers to 10 percent or less of their summer associates. That's according to the nearly 160 firms who've shared their expectations on the 2011 class with eFinancialCareers – many of whom increased their class size this year as compared to last summer. While the summer associates will learn how they are progressing over the next few months, we were intrigued by where the hiring was taking place. We asked ourselves – can the hiring of summer associates be a precursor to Wall Street's hiring priorities? Is it a leading indicator? Here are the priorities: • Operations – Operations is a multi-faceted area delivering execution speed and streamlined processes to banking, sales, trading, and asset management. Currently, operations job postings on eFinancialCareers have grown more than 80 percent, as compared to the prior year; • Debt/Fixed Income – After 15 straight months of job postings growth in this category, it's not a great surprise to find this is a summer priority. Interest rate products, credit products and even mortgages are all sourced from this group; • Corporate Finance – Wall Street competes to offer the best advice for corporate balance sheets including share repurchases, financing strategies, derivatives, and cash optimization; • Research – Associates will help generate fundamental research and analysis of companies, industries, markets and economies. In this category, eFinancialCareers job postings have jumped 53% yr/yr; and • Compliance – Former regulators and enforcement officers can populate this department and teach summer associates the complexities of ensuring compliance in a global financial firm. With regulatory reform still being implemented, there will be plenty to talk about.
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