Is it worth getting an internship during sophomore summer?

Have very little IB experience, and was hoping to gain experience with modeling and valuations with an IB firm over summer but Im afraid that then it will be too late for me as my interviews for EB/BB would take place around the spring time.

Anyway how I could leverage in the future internship into my interviews? Or should I just stick with what I have as its already kind of too late…

Comments (8)

  • Summer Associate in IB-M&A
1y 

Bump

  • Anonymous Monkey's picture
  • Anonymous Monkey
  • Rank: Chimp
1y 
Anonymous Monkey, what's your opinion? Comment below:
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1y 
idkwhatmylifeis, what's your opinion? Comment below:

Would I simply say that I will be interning at the firm to gain experience? Or is there no point because I wouldnt have any experiences that would help me for my interviews which would take place before my IB internship even starts…

1y 
chimpnotsimp, what's your opinion? Comment below:

There is a point. It makes you a more competitive candidate to have the internship lined up. 

  • Intern in IB-M&A
1y 

Just do it

1y 
balancesheetlender, what's your opinion? Comment below:

Certainly try to find a relevant internship for sophomore summer. There are numerous benefits, primarily the demonstration of interest

Put it as an incoming position on your resume. To my knowledge this is standard practice (I did it) for undergrads especially given the accelerated nature of recruiting 

"Incoming summer intern at boutique investment banking firm specializing in providing M&A advisory to the XX industry"

Also, not all firms will recruit before the summer begins. Some very notable firms (GS, CVP, PJT) recruit during and after the summer. Anyone can add or correct me here as I signed for SA prior to summer so didn't recruit for these

  • 1
1y 
idkwhatmylifeis, what's your opinion? Comment below:

Is there a general timeline for when recruitment starts for certain firms? How would you know that PJT starts later? I was under the impression that EB start in February and BB start in spring.

  • Analyst 1 in IB-M&A
1y 

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1y 
balancesheetlender, what's your opinion? Comment below:

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