Summer PWM internship?
I am a freshman at a semi target and could possibly have an internship with Merrill Lynch or a similar company this summer in wealth management. I am wondering if taking a PWM gig will be hurting my chances for BB IBD internships later on? Like does it look bad to work in wealth management when you want to do IB?
*That tag just popped up, has nothing to do with me.
no. firms know that as a freshman you are pretty limited to such internships (ie PWM). Having a BB PWM title on your resume as a freshman is definitely a positive and shows a great deal of maturity and determination at a young age. I did it as a sophomore and its one of my more vocal points on my resume (im a junior now). When there, network, network, network. I met some great people there (some ex-IB'ers) who have been helping me a great deal. Feel free to PM me if you have any more questions/concerns
cool, thanks.
PWM is often the first thing that a lot of people get on the resume in order to get some kind of exposure and make the case that they're serious about finance. Once you're in, it becomes a platform to network / apply to the next thing. In this economy, take EVERYTHING you can get....the competition is brutal.
I feel like everyone does PWM freshman year
Nah, it'll help you a lot. If you go to school in a decent-sized city, it wouldn't be a bad idea to do it during the school year. I did a PWM internship this fall for 10 hours a week...still get to put it on my resume. Then who knows, maybe you could find something else for the summer. But either way, you'll be in great shape after you complete the internship as a freshman.
Also, love the Skyrim reference in your username
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