I just got fired as an intern
Spent 10 weeks in a boutique, fired for lack of experience and lots of formatting mistakes. Wasn’t for lack of effort, I can promise you that. Adding on rejections by MM banks, I just wanna die. I am a penultimate student.
Just happened to me too man. at an IM.
How is that even possible
Don't take it too hard, sounds like you got an internship at a shitty shop. Or sounds like this isn't necessarily for you.
This gives you a chance to really evaluate what you want to do with your life. Don't do the pity party shit, dust yourself off and get back to it.
There is nothing to gain by crying about it.
if they fired you as an intern just for being bad they suck. whole reason why we have return offers
Unless you were literally showing up to work drunk, no reputable bank would do this... sounds like a really shitty bank and I'm sorry
Good news: no one will ever know. Most internships are 10 weeks anyway. If they call to confirm employment, just give them HR's number. HR will not say anything except confirming that you did indeed work there - anything beyond that becomes a potential legal issue, and I highly doubt an intern even has a formal termination on file anyway.
Keep grinding on recruiting, use the experience as a learning point and get back on the networking trail
That's not 100% true. They can legally ask to verify the employment dates you gave them, your last job title and whether you are eligible for re-hire or not.
It's that last question/answer that will kill you if you left on bad terms.
I think if a candidate explained that they were fired for lack of experience, this would look worse on the firm that fired the candidate than the candidate himself.
Lmao
Breathe mate. This is a set back. But not one you cannot overcome. Introspect on what went wrong and how you can improve. Do not spend time wallowing in this. Get your ass up and start hustling for your next internship. Shit happens. If you can land an internship once I do not see why can you not land another one again.
Good luck!
This is just ridiculous. If there's a shred of truth to what OP posted, his only mistake was taking an offer from some boiler room shop.
I know this is not ideal but it's probably a blessing in disguise. A company that treats their interns like is not a company you wanna stay at in the long run. You had already completed 10 weeks anyway, which is what most summer internships last for. If you're still set in IB, definitely do not let this little thing deter you from following this path, best of luck!
Getting let go form an internship for "Lack of experience" is complete BS. The whole point of an internship is to gain experience, this seems like an awful bank. All of my structured internships were 10 weeks so the length of your internship on your CV shouldn't be an issue for future recruiting.
It probably is more indicative of the layoffs about to hit Wall Street more than performance. You all just aren't used to this type of environment yet
Just a little tip - Google “penultimate” it doesn’t mean what you think it means
Best of luck
He used it correctly.... Penultimate indicates being in the second to last of something. Common practice for folks to say I am in my penultimate year of XYZ university
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