Medical student looking for IB internships
Hi all,
For background, I am a final year medical student at Cambridge University in the UK and have wanted to transition into finance. I know that I have missed out on most IB internships for this summer so I was wondering if there are any other things I could do to get IB or even other paths I can consider (Equity research, VC, Consulting or Asset management). Apart from being part of finance societies at university, I don't have much experience.
I am just worried that I will graduate without having any exposure/ internships in IB or finance, in general, and might make the transition harder later down the line. I had a few questions regarding this:
- How hard is it to get an IB after I graduate/ what would be the path to get there whilst working as a doctor?
- Will cold emailing VCs or equity research firms/Hedge funds translate into any real opportunities?
- Can you apply for IB internships after you graduate?
Any advice would be appreciated!
Will honestly be fairly easy as long as your technicals are decent and you have a good reason for the switch. have seen plenty of semi-target med students recruit competitively(especially at eb's) so the fact you go to a top target should make the switch a relative 'walk in the park'. If you genuinely have zero experience then it might be best to first cold call mms/vcs/hfs who have a healthcare focus, they would be thirsty for your type of profile.
Thanks. Any ideas on how you would go about cold emailing them? Who would I need to email realistically? I have gone through a few VC firms and they don't seem to make the careers section clear/ HR teams to contact. Any thoughts would be appreciated.
out of curiosity why make the switch?
there's more meaning in your job as a doctor than in finance, in fact most people in finance reach their 40s and wished they were talented enough to do something more worthwhile with their lives, wouldn't being a doctor be a better career path and bring more personal fulfillment? I'm asking from pure ignorance hoping to understand your perspective, no offense
Hmm... yes I agree with your argument and I agree that perhaps you will get more fulfilment in medicine than IB. However, the NHS is so severely underfunded and understaffed that being a doctor is no longer about being a doctor but more about doing admin and service provision. For the hours you do, the pay is terrible and there is not much opportunity for career progression. I also enjoy finance for its entrepreneurial nature and opportunities, something that working in the NHS does not encourage significantly.
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