Cold emailing with the intent of setting up a meeting and subtly asking for an internship
I am a freshman at a target school who is about to finish up their first semester of college. I am an out of state student so I've been looking for small boutique banks to reach out to where I am from. The major city in the area that I am from has a similar population to Oklahoma City - nowhere close a market like New York or Chicago.
I have an intent of cold emailing one person (a VP or MD) from each bank and hopefully setting up a meeting with them, and then subtly asking if they would take me on as an intern over the summer at the end of the informational interview. I was wondering if it would be unprofessional to straight up ask for an internship? A part of me says that you would never get what you don't ask for but the other says it might be frowned upon.
Also, I was hoping someone would be able to read over my email that I have written via PM?
The thing with cold emailing is that its purely a numbers game. Not everyone is going to have the time to talk to some college kid about what they do for a living, especially if you're trying to contact MD's. You have to structure your email so that it caters to their background and the industries they work with specifically. Specific deals they worked on, market trends, technical questions, etc. You have to give them an incentive to want to talk to you. Don't include questions about internships in the email. Most of the time it comes off as pushy and not very genuine. If they respond and you're able to set up a phone call, you can mention internship opportunities at the end of the conversation. These people aren't stupid, they already know what you want. You have to put in the effort to reach out first and attempt to get to know them before they can help you out professionally.
I haven't mentioned anything about an internship in the email draft I have written nor was I ever planning to. I knew that was out of the question. In my draft, I referred to how we had a similar background as we are from the same area and both went out of state for college. After doing some research, I learned that the bank he works for is one of the few registered FINRA Broker-Dealers in the area, so I mentioned that. And then I pretty much said that my goal is to learn as much as possible about investment banking/mergers and acquisitions and more specifically, the bank he has worked at as he has had a very long tenure there. I found it intriguing as to why he has stayed there for so long.
Quibusdam molestiae error nostrum amet. Ea omnis velit dolores vel quis assumenda culpa temporibus.
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...