Should I take another internship?

Hello All,

Looking for some insight on my current situation. I've graduated last year from a non-target university majoring in economics. I had one internship during my undergrad in S&T. After I graduated I took an internship with a four-person boutique healthcare investment bank which was my first exposure to the field. After that internship I took another internship (post-graduation) with another boutique and was left with no return offer because of how small the team was and their current hiring needs.

I've recently been offered a paid internship with a well known Dutch investment bank and am wondering if I should take this offer. The reason why I'm asking is because I've already taken two internships after graduating and I think taking another internship at this point might actually make me look bad. The investment bank historically has never hired an intern to FT which is why I'm reluctant to take the offer.

I'm located in NYC and I've been networking frantically and I'm wondering if I should decline the internship and just focus on networking. Any insight would be appreciated.

 

Kempen & Co?

Yeah at this point I'd really focus on trying to get a full-time offer somewhere. From my perspective, it would look weird if someone was consistently doing internships, a signal that (even though those internships may have never guaranteed FTE) you aren't qualifying hard enough for an entry-level role.

 
Best Response

Can't really offer any advice, so consider this a bump.

I'm doing an internship after graduating at the moment and I have the same worries. I had one last year (usual SA time) but didn't convert because I just hated where I was working and didn't do too well because of that.

Now I'm doing another and I'm worried because it seems like they don't really convert. Led to believe by HR that they do, but then when I started someone else at HR was talking about applying for the grad scheme afterwards so it's a bit worrying.

I agree with your thoughts. I think if you do too many it does just make you look like you're not good enough. Because they are just very long interviews in some ways. And whilst a 30 minute interview can be hit or miss, it's harder to say that a 10 week interview is hit or miss. But, no idea if doing nothing is better than not doing another internship. Benefits being you learn more how to do well at an internship, learn more, networking etc.

 

Quia recusandae aut quis nulla. Quaerat consequatur facere ratione. Distinctio illo ut laudantium repellat excepturi explicabo magni. Iusto delectus voluptatem est aliquam voluptate incidunt voluptas. Est molestias sit distinctio quae et velit. Aut totam dolore incidunt animi ipsum fuga.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”