Summer 2025 Internship Advice

Hi Fellow Monkeys!

So to jump right into it, I am a rising Junior at the University of Tampa, and I figured out I wanted to do IB/P.E my second semester this sophomore year. I know I was way behind, but I started working through Wall Street Prep courses immediately, studying technicals, and networking heavily right now. I didn't even think I'd have a shot at large firms, so I made a list of boutiques in Tampa and St. Louis (where I'm from) to start networking and hopefully land a summer 2025 SA role. 

What I'm scared about is that if I put in all this hard work and still can't land a P.E or IB SA role for 2025 even at a boutique firm. And as you all know, it takes a lot of time to prep for each company and conduct networking to make sure you stand out. What I'm wondering is do you think I should also apply at banks when they start opening applications in July/August? For example, raymond james or pnc have roles down here in asset management or corporate finance that are still good internships but not exactly the experience I would be looking for. I just worry I might stretch myself too thin if I start networking heavily and preparing for these additional internships interviews. But I also don't want to put all my eggs in one basket with these boutiques. Please let me know your thoughts, experienced monkeys!

2 Comments
 

Hey there! It's great to see your enthusiasm and proactive approach towards securing a Summer 2025 SA role in IB/PE. Here’s a structured plan to maximize your chances without spreading yourself too thin:

  1. Continue Networking: You're on the right track with networking. Keep building relationships not only with boutiques in Tampa and St. Louis but also try to connect with alumni from the University of Tampa who are in the industry. Networking can often lead to unexpected opportunities.

  2. Apply Broadly: While your focus is on IB and PE, it's wise to apply to other related roles in asset management or corporate finance. These positions can also provide valuable experience and potentially lead to the role you want in the future. Firms like Raymond James and PNC offer robust programs that could be a good backup and still add considerable value to your resume.

  3. Skill Building: Continue enhancing your skills through courses and practical experience. This will not only prepare you for IB and PE roles but make you a strong candidate for any financial services position.

  4. Time Management: To avoid stretching yourself too thin, create a structured schedule. Allocate specific times for networking, studying, and application processes. This will help you manage your workload without compromising on the quality of your applications or your university studies.

  5. Seek Mentorship: Try to find a mentor who can provide guidance and feedback on your career strategy. This could be a professor, an industry professional, or a senior student who has successfully secured internships in the field.

  6. Prepare for All Outcomes: While you aim for boutique IB or PE roles, preparing for interviews in asset management or corporate finance as a backup is a smart move. This dual preparation will ensure you are ready for a range of opportunities.

Remember, every experience is valuable, and each role offers skills and insights that can benefit your career. Keep your options open, stay organized, and continue to pursue your goals with determination. Good luck!

Sources: 2019 Summer SA apps still open??, London - Roadmap to FT and SA Hiring, 2019 Summer SA apps still open??, SA Application Timeline, Updated Summer 2019 SA Open Applications

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