Bnp Paribas S&T Internship

Hey everyone. As in the title, I got an offer for BNP to their equity derivatives (structure products) S&T division. I interviews at better places coming up but they want an answer before those interviews take place. As this is my sophemore internship I am looking to get into BB for a junior year one. Do you think that BNP (considering it is Europe and they are quire large here) is a good enough name that makes it possible to ger interviews at the large banks?
Any advice/tip is appreciated.

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Comments (13)

  • Intern in IB - Cov
Jan 14, 2021 - 8:27am

I interned at a French bank in Europe ( you can guess which one lmao) and it seems that the French in general tend to be stronger in s&t and derivatives. You'll find that a lot of French people are at banks in their s&t group. I'm sure that having BNP,Socgen or Natixis isn't going to hinder you for junior year. You have a big name on your CV, congrats!

Jan 14, 2021 - 8:37am

Thanks for the answer really appreciate your help! Yes the french banks are pretty big in derivs. Did you feel like it helped you? Problem as I mentioned is that i have other interviews wirh names like DB etc. and have no idea if its worth the risk. Thanks again!

  • Intern in IB - Cov
Jan 14, 2021 - 9:30am

Sophomore year internships are tricky in the sense that not a lot of huge firms recruit thus leading more kids to lesser known firms (absolutely no issue there) but you have BNP as a sophomore and thats really strong and also impressive. Just wondering, are you gunning for s&t or IB next year? Someone with more experience can chime in but I doubt you'd have a hard time articulating your interest for s&t junior year coming out of a BNP internship. I do get your frustration though. Can you hit up DB letting them know about your offer?
I don't wanna give out too much but I ended up recruiting at a strong consulting firm. I think CO tends to care more about name brand so I felt like it helped.

Jan 14, 2021 - 7:36pm

I thought BNP is considered BB level in S&T. They are performing the best among EU banks (besides Barclays if you count UK) as an institution despite all the challenges facing European banks in general. I know they are building out their rates desk right now and that they've always been famous for equity derivatives. I don't know how their graduate program works though.

I'm in the process for a sophomore internship at a euro bank in the USA and have a super day lined up for junior year summer at a Canadian bank so it is sortve awkward. Getting a sophomore SA at BNP would definitely make it very easy to recruit at another bank for S&T jr year if you want to.

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  • Intern in IB - Gen
Jan 14, 2021 - 10:10pm

Did similar to you - sophomore S&T at one of the French banks you mentioned above, following summer decided I wanted IB and got into a tier 1 BB in NYC. Having the experience for me was huge. Take the offer. My resume was on the top of every pile after having worked at a real shop with real people on real deals/trades. 

1) gives you a taste of real S&T, if you like it, great, you learned a lot and can go to a better firm and desk next summer

2) if you don't like it, you can explain you had the offer, were a sophomore, learned a lot and want to do something else for ___ reason

Good luck, congrats - from my experience, take it. 

  • Intern in IB - Gen
Jan 15, 2021 - 9:41am

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