How to gain the most out of internship?

Junior in university starting a capital markets spring internship in a few weeks (C&W, JLL, CBRE). I already secured an internship for the summer in REPE, and I have prior internship experience at a small $1B REPE firm.

Does anyone have any tips for gaining as much as possible out of a great CRE internship, especially at a big company? This is probably going to be my only exposure to the sell-side like... ever. I wanna get the most of these 10 weeks to help me become the most well-rounded dude possible as I enter a career in REPE - and I wanna be as useful to these ppl as possible. Any tips appreciated. Cheers!

 
Most Helpful

Ask questions and figure out the why of what you're doing as well as how to do it. The buy-side will always look at brokers and think they give unrealistic numbers or way too optimistic scenarios and cap rates. Figure out what their thought process is that goes in behind their decisions and then when you're at a REPE down the line, you'll know what to look for in OM's and deal material to give you a better picture of the asset. 

Any internship in general should be about learning more than trying to accomplish a lot and being overly productive. Odds are, no intern will be an invaluable part of the team and will be relegated to the busy work. The best thing you can do is ask a million questions (without annoying your boss too much) and learn their thought process and industry as best you can. Also, when you make mistakes take the feedback positively and really focus on applying it to your work. No one is going to expect you to have perfect modeling skills or know exactly what kind of comps to pull/cap rates to apply on your work.

 

Network and develop professional friendships with colleagues that you kick it off with.

Find an internal champion/'mentor' who will take you under their wing during the internship.

Develop these key relationships, make them like you and make them want to help you be successful. (This is the biggest one)

Work hard, ask the right questions.

Show up polished and on time every day.

"Out the garage is how you end up in charge It's how you end up in penthouses, end up in cars, it's how you Start off a curb servin', end up a boss"
 

Perferendis in reprehenderit quia corrupti. Ab blanditiis consequatur nesciunt. Fuga tenetur temporibus itaque voluptatem doloribus sunt quas odit.

Sit quia ducimus voluptatum rerum libero commodi et. Animi et nesciunt earum unde quam.

Career Advancement Opportunities

February 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

February 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 11 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

February 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 06 97.7%
  • Lincoln International 04 97.1%

Total Avg Compensation

February 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (81) $263
  • 3rd+ Year Analyst (12) $184
  • Intern/Summer Associate (32) $172
  • 2nd Year Analyst (60) $169
  • 1st Year Analyst (193) $159
  • Intern/Summer Analyst (141) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
DrApeman's picture
DrApeman
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...”