So I'm a junior (going to be a senior next year) and I'm going home for an internship rather than staying in NYC. I'm pretty sure this isn't as good as getting an internship in NYC, but it won't completely ruin my chances of getting a job in NYC when I graduate, right?
If it makes a difference, I have had no "real" finance internships before this one either.
Thanks
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Where are you going and what are you doing????
It's literally entirely dependent on your situation. Nobody can answer you by being this vague. But any internship is better than no internship.
I'm going to help a REDACTED company with its IPO this summer in REDACTED. Or at least that's what I've been told.
MOD EDIT: REMOVED CONFIDENTIAL INFORMATION
Firstly, what you wrote could get you fired from most jobs - location and industry is generally enough to figure out what the company is, which is in turn a violation of all sorts of confidentiality provisions. I've removed that information, but do be aware that IPOs are generally considered confidential.
Secondly, IPO timing is a very sensitive thing, to investor sentiment, market conditions, etc. There is no way to know if a specific IPO will go ahead this summer, and I struggle to think what an intern can do in that regard.
That said, it might be decent experience. It doesn't really matter though - it's what you're doing, so you're going to have to make the best of it.
When you asked "it won't completely ruin my chances of getting a job in NYC when I graduate, right?" you were just looking for validation of what you believe; you weren't actually looking for original information. So, sure, you can still get a good job, if that's what you want to hear.
Whoops. Sorry about that.
I was wondering if a job in NYC would be out of the question if firms saw I interned elsewhere. I guess I still have a shot.
Thanks
If it comes up in future interviews, which it might, just tell them that you were looking to save money by living at home for the summer.
I interned my Senior year with a firm doing a small IPO and I think the experience looked great on my resume and helped me land my first job. My advice to you though is to be prepared to do a lot of scanning, copying, getting coffee, etc. Take every opportunity you can to learn something new and always be volunteering. I was one of 5 interns brought on to help with the IPO and I was the only one who was not discouraged enough a few months in to quit, stick with it and it will be worth it! Good luck!
BTW no I do not think this would hurt your chances of landing a job in NYC.
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