Landed Dream CB Internship- What Now?

After a long recruiting process, I have made it. I landed my dream internship in Corporate Banking at a BB. Now I'm focused on doing well in that internship- how should I prepare technical-wise, and how can I give myself the best chance of getting a return offer? I know my basic technical stuff well and performed well during the interview, but is there advanced stuff that I could learn now so that I would be trusted with more responsibility throughout my internship? Any advice would be helpful!

Comments (6)

Most Helpful
Jan 16, 2022 - 6:05pm

With the disclaimer of enjoy college, you will be working plenty during your internship and after graduation, I'd also recommend the following in prepping for a CB summer internship: 

1. Read LCD's syndicated loan primer. You'll primarily be working on transactions in the syndicated loan market, so getting an understanding of the basics will help you coming in.
2. Keep up with WSJ/financial news, especially anything related to interest rates, the debt capital markets, articles talking about trends in capex, M&A, and shareholder distributions (share repurchases and dividend). Also if you know what sector you're going into, keep up with themes in the sector.

3. Reach out to one or two people on the team in advance of the internship for an informational interview so you can hit the ground running.

I wouldn't worry to much about prepping technical knowledge in advance. It'll be firm and group specific what type of technical deliverables they'll have you working on. If you want to go above and beyond, read through some 10-Ks of companies in your sector and try to understand what's going on with the business and what their capital structure is. 

  • Prospect in RE - Comm
Jan 18, 2022 - 2:36pm

Do you mind sharing the process? Is your school in the northeast, what GPA range were you in? Currently in high school and deciding between a prominent non-target in the midwest vs a prominent non-target in the northeast.

Jan 18, 2022 - 2:48pm

Et dolorum earum corporis error nesciunt fugiat. Illo excepturi nulla et. Totam voluptatibus ducimus et et. Ut reiciendis excepturi esse asperiores beatae.

Minus qui dolorem perferendis inventore. Officiis eveniet quia dolores iusto.

Start Discussion

Career Advancement Opportunities

May 2022 Investment Banking

  • Jefferies & Company (▲03) 99.6%
  • RBC Capital Markets (▲07) 99.1%
  • Bank of America Merrill Lynch (▲02) 98.7%
  • Lincoln International (▽02) 98.3%
  • Houlihan Lokey (▲07) 97.9%

Overall Employee Satisfaction

May 2022 Investment Banking

  • Jefferies & Company (▲12) 99.6%
  • Evercore (▲02) 99.1%
  • Truist Securities (+ +) 98.7%
  • Rothschild (▲01) 98.3%
  • Robert W. Baird & Co. (▽04) 97.9%

Professional Growth Opportunities

May 2022 Investment Banking

  • Jefferies & Company (▲04) 99.6%
  • Bank of America Merrill Lynch (▲06) 99.2%
  • RBC Capital Markets (▲09) 98.7%
  • Lincoln International (▲02) 98.3%
  • Houlihan Lokey (▲06) 97.9%

Total Avg Compensation

May 2022 Investment Banking

  • Director/MD (8) $612
  • Vice President (35) $399
  • Associates (176) $246
  • 2nd Year Analyst (108) $161
  • 3rd+ Year Analyst (16) $154
  • 1st Year Analyst (345) $148
  • Intern/Summer Associate (73) $146
  • Intern/Summer Analyst (269) $91