is "Pay to get an internship" worth the money?

Anybody heard New York school of Finance Advantage program (called exchange analyst previously). Looks like it places most of the students at Kerburn Rose, is that worth to go through this program and gain some experience?

11 Comments
 

No, doing an unpaid internship makes sense, but if you have to pay to work, I don't exactly follow the logic behind this. Cold-call/email, thats a much better way than this.

Array
 

Honestly, this sounds even worse than the arcade trading platforms where you get a "job" trading your own money and splitting it with the firm.

If you're buying in instead of earning it, think about how you are percieved by those doing the hiring that have worked for what they have...

Require contact with program alums to see what they're up to.

Get busy living
 

I don't know about that program in particular, but I have paid for an internship before. For me it was a good decision, however you should consider why you're paying (and how much you're paying). I paid $1K for a consulting internship at a mid-tier American firm (APAC office).

Was well worth the money - that said, if you're not getting a considerable benefit (such as the name brand, experience, travel, etc.) then it may make more sense to simply cold-call/email/work unpaid.

in it 2 win it
 
FSCI don't know about that program in particular, but I have paid for an internship before. For me it was a good decision, however you should consider why you're paying (and how much you're paying). I paid $1K for a consulting internship at a mid-tier American firm (APAC office).

Was well worth the money - that said, if you're not getting a considerable benefit (such as the name brand, experience, travel, etc.) then it may make more sense to simply cold-call/email/work unpaid.

Do you even lift?

 
G.M.Trevelyan
FSCI don't know about that program in particular, but I have paid for an internship before. For me it was a good decision, however you should consider why you're paying (and how much you're paying). I paid $1K for a consulting internship at a mid-tier American firm (APAC office).

Was well worth the money - that said, if you're not getting a considerable benefit (such as the name brand, experience, travel, etc.) then it may make more sense to simply cold-call/email/work unpaid.

Do you even lift?

Arms look like chicken bones
Get busy living
 

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