6 Comments
 

ummmm......what advice do you need?

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 
Best Response

Ok here goes:

1) How important are extra-curricular activities? I currently play sport at college level and outside of uni for a local club, and am planning on going abroad to volunteer for a month. Should I try and reach committee level of a big society (ie Marshall, Consulting etc...)?

2) Will attending an IB spring week by beneficial for my application to an MBB for either a Summer Placement or later on a graduate role. (I am going into the second year of a four year course so I am eligible for first year insights and spring weeks)

3) I've looked around and have found lots of resources on case studies and examples but I have ZERO knowledge about these currently. Is there any resource which teaches the very basics about how to handle case studies?

4) To what extent is networking important in order to land a summer placement or a graduate role as a business analyst at MBB?

5) Is there any big advantage to getting a 1st over a 2.1? To get a first will require a LOT more effort and I am unsure if this time and effort could be better placed on extra-curricular activities instead to build a better CV.

Thanks in advance.

 

Recently been through the recruiting process , so here are some of my thoughts:

1) Depends on the type of extra-curricular. Joining the blues and networking to a position beats being in limbo in a huge finance society.

2) Spring week only helps for conversion into a summer internship at that bank. Doesn't count as 'experience'.

3) BIWS package might help, I'm not sure.

4) On a scale of 1-10, probably a 6 (Given it's UK)

5) 1st is impressive, but not essential.

 

So would you say there is really little point in doing a spring week unless you want to go into IB?

Also i'm still quite confused regarding the extra-curricular side of things. How much stuff does an MBB consultancy look for in prospective summer interns? This is kinda worrying me: http:// managementconsulted . com / consulting - resumes / mckinsey-resume/ . (Appologies for the spaces but it won't let me post links cos im a new user)

Is there truth to what's in that article or is it overkill?

 

No, my point is that spring week at firm A only serves as a stepping stone to summer internship at firm A. For example, spring week at JP ----> summer internship at JP but has zero value as leverage to say, summer internship at Goldman.

Generally speaking, try to do something finance related and if you can quantify the results (XX% sales growth, £XX profit ...) all the better

 

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