Convincing a bank to let you do an off-cycle internship?

Blockhead's picture
Rank: Orangutan | 290

I'm in my final year of classes in a mid-sized city with a small IB presence. There are a couple of small offices for recognized MM names here, but I know they do not do structured fall/spring internships. That being said, as the spring semester is right around the corner I'm considering pushing to intern at one of these shops as I'd love to get the brand on my resume.

I'm not worried about a FT offer or pay or anything, and I already have an IB internship so my pitch would be that I can do whatever they want that would add value to the analysts, for free, while requiring relatively little guidance/training.

My plan is to network with the people at these firms and hopefully try to convince them to let me do this, but I'm wondering

a) If these offices have the freedom to even do something like this (does HR shut anything like this down automatically? If an MD pushed do they have the power to make this happen?)

and

b) Does anyone have any other tips for successfully pulling this off? Or has anyone actually done this

Comments (7)

Oct 24, 2017
Oct 24, 2017

You need to email people who work at Top Funds, be sure to know your shit beforehand. Set up coffees and informational interviews, be persistent and in the end you will get something.

    • 1
Oct 24, 2017

Thanks. What do you exactly mean by knowing your shit? Is it just your basic financial / LBO stuff & fund-specific knowledge?

Oct 24, 2017

Accounting, M&A, LBO and modelling plus fit questions. Read also about the industry and the fund. Make sure to show why you wanna work specifically for that fund.

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Oct 24, 2017
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