Do we need to know excel? Also, training week

Hi all,

About to start a BB S&T internship next week and am starting to get a little worried, primarily about what I'm expected to know. Of course, other than following the markets/news, do they assume any technical knowledge on our part? I know that for IBD, excel is the backbone to analyst work, but how about in S&T? I don't know how to do anything on excel and am wondering if I should teach myself some basics for the summer. My internship is rotational, so I will be doing trading, sales and also structuring/research. Will I need to use excel for any of those roles?

Also, I'm just curious for those who have gone through the SA stint at a BB in S&T, what do they teach you during the one week orientation?

Thanks everyone.

 

first week is very basic finance fundnamentals and some very basic excel (at most places). You will not be taught anything that would impress anyone on the floor if you already knew it beforehand tbh.

A week before is a bit late to start, but you can learn as you continue through the internship and make sure that whatever someone teaches you you LEARN well, because if someone teaches you something one day and then you cant answer a question on it the next day you look like an idiot.

Your best bet now is to get some interview guides or browse through investopedia.com

Also i posted a couple threads on short term prep, so have a look through the search function.

best of luck.

 
derivstrading:
first week is very basic finance fundnamentals and some very basic excel (at most places). You will not be taught anything that would impress anyone on the floor if you already knew it beforehand tbh.

A week before is a bit late to start, but you can learn as you continue through the internship and make sure that whatever someone teaches you you LEARN well, because if someone teaches you something one day and then you cant answer a question on it the next day you look like an idiot.

Your best bet now is to get some interview guides or browse through investopedia.com

Also i posted a couple threads on short term prep, so have a look through the search function.

best of luck.

Is 3 weeks long enough to learn some basic VBA?

 
Best Response
etrain86:
derivstrading:
first week is very basic finance fundnamentals and some very basic excel (at most places). You will not be taught anything that would impress anyone on the floor if you already knew it beforehand tbh.

A week before is a bit late to start, but you can learn as you continue through the internship and make sure that whatever someone teaches you you LEARN well, because if someone teaches you something one day and then you cant answer a question on it the next day you look like an idiot.

Your best bet now is to get some interview guides or browse through investopedia.com

Also i posted a couple threads on short term prep, so have a look through the search function.

best of luck.

Is 3 weeks long enough to learn some basic VBA?

Spending 2 hours a day for those three weeks working through Walkenbachs book is more than enough time to get through it and know it pretty well.

 

May be a long shot now, but does anyone know of a boutique/MM bank that is looking to hire an S&T intern? Ive tried contacting dozens of firms but have not had any luck so far. I am very good with excel, I have knowledge of the markets, have traded long, short and options in my personal account, and want to get into ST. Any help would be very much appreciated

 

Rerum vero illum consequatur officiis eligendi sed. Sit ipsa et ut dolores autem. Enim ut dolore voluptates repellendus quia culpa.

Et praesentium modi a fuga a et soluta. Itaque cum mollitia veniam alias voluptas.

Porro ut quibusdam deleniti deserunt. Nobis enim aut quisquam dignissimos ea dolorem. Est qui consequuntur reiciendis ut vel illo adipisci. Delectus est ut eum sed.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”