Christmas intern help at IBD BB?

I recently heard from a mutual friend about a guy at a non-target flying to work for a week or so as a backup analyst. It's at a BB over the Christmas-NYE holiday while a lot of the analysts take off for a couple days. Anyone hear of this before? Is this common practice?

5 Comments
 

Never heard of this before...I know BMO used to have a winter internship but it was more of a training process. Also I think they may have cancelled it as I cannot find it anywhere this year...

 

To clarify, I don't want to reveal too much since it does seem like a special scenario but the guy has done a summer with them before.

 
Best Response

If he summered with them, he's probably got a full-time return offer to the group and had the opportunity to spend some time during the winter. Some banks used to do "winter analyst" programs five years ago or so for kids at schools with either the quarter system or the co-op element. Dartmouth and Stanford kids in particular would spend a few months in the office instead of taking classes for the winter quarter, or strong candidates guys from other schools (Northeastern, Drexel, and RIT are kind of the "big three" that have integrated the co-op program fully into their curriculums) trying to fulfill their work requirement before graduation. Also knew a guy from Stevens who did it.

That hasn't happened nearly as much lately.

I am permanently behind on PMs, it's not personal.
 

It makes sense if he has done a summer before. I find it hard to believe someone with no experience would be offered a week long BB internship, I mean there is so much that needs to be learned and that alone takes a few weeks. So it seems like a special situation.

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