Which internship would you take if you were me?
I'm a junior at a Top 25 school majoring in applied mathematics with a 3.8. I've never taken a finance or econ class in my life, but I read the WSJ daily and decided recently that I want to break into the finance industry.
I'm money-driven, have an entrepreneurial spirit (its my dream to start my own fund one day) and am motivated to work very hard to build a sick career, though I want to actually enjoy my 20's and have a life outside of work as well.
Here are my three options (I am not applying to I-banking positions because they pretty much require a finance/business degree) for internships next summer:
1) Hedge fund - a relative of mine is a director at one and could get me an internship
2) Actuarial intern at insurance company - have been recruiting this semester, locked down one at a life insurance company. I am considering this route because the hours, pay and work-life balance are solid. However, I understand the ceiling is lower than it is for my other options, and I'm a pretty ambitious guy so it may not be the right choice.
3) trading firms - will interview for intern positions in January at prop. trading firms
So considering these three choices and my goals which one do you guys think I should take? I'm relatively new to the world of finance (was content to spend my undergrad thus far partying a lot and studying just enough to get decent grades up until now) so any advice would be really appreciated!
depends on the hedge fund and trading firm, but definitely 1 or 3
Wrong, i'm a non-bus/finance major and I'm applying to IB ONLY. its a requirement for some wall street jobs later in your career, the 2 years of IB, so it opens more doors than it closes.
But, since its already kinda late to network/prepare for those, you should keep #1 as a really really good backup, and #3 as also extremely good depending where you get an offer. don't even consider #2 if you don't want to be pigeon holed. you can come to that after whenever* if you don't like #1 or 3. can't go the other way (might be exaggerating, but it'd be easier to go from 1 or 3 to 2)
Et dolor aut autem fuga voluptatibus quia error alias. Aliquam vero et velit aut sapiente aut.
Quos dolor molestiae repudiandae rem quas ut minus. Ut quasi vel tempora culpa et porro culpa perferendis. Perferendis iusto quibusdam vel unde ea et facere. Nulla ea unde et repellat ipsam cum.
Dolor sapiente qui repudiandae consectetur consequatur dolorem autem. Sunt et nobis esse cum atque facere esse. Vel aut quo velit.
Deleniti voluptatibus fugiat consequatur quam omnis. Voluptas ut deleniti pariatur minus autem. Eos dolor aut maxime id explicabo ea illum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...