Drop a class for a structured finance internship?

Barboone's picture
Rank: Senior Gorilla | 924

I got a call on friday from the head of HR at a small firm, she goes on to tell me that they would like to hire 1 intern for fall/winter in their structured finance group. They basically creat ABS' from big assets such as mining equipment, oil rigs, freight ships, etc. (I didnt know securitization went this far).

The issue:
My schedule doesn't match the hours she would like me to work, I'm taking 17 credits this semester and could drop a statistics class, though I wouldn't like to do that I think the experience would look nice on my resume come the spring.

I'm a freshman and did an internship at BAML GWM over the summer, that's the only finance related experience I have and would like to start filling up that resume to land something IBD next year.

Should I drop the class and take the internship? or should I pass it up and stay in the statistics class?

Comments (14)

Sep 20, 2010

Take the internship. A two semester internship will be MUCH more helpful in securing future internships/job offers than a freshman stats class. You can take that class over the summer or during another semester. Easy choice.

Sep 20, 2010
judowned:

Take the internship. A two semester internship will be MUCH more helpful in securing future internships/job offers than a freshman stats class. You can take that class over the summer or during another semester. Easy choice.

.

Sep 20, 2010

Dropping the class is not even a question. Take the internship.

Sep 20, 2010

Internship for sure. If you're just a frosh, then I'm sure you'll have some time to take stats in the future (it's worth taking)...

One thing I'll say though is don't mess up your GPA for the internship. If it's TOO demanding, be willing to walk away. Your grades are essential and there's no way to go back and fix them.

Sep 20, 2010
International Pymp:

Internship for sure. If you're just a frosh, then I'm sure you'll have some time to take stats in the future (it's worth taking)...

One thing I'll say though is don't mess up your GPA for the internship. If it's TOO demanding, be willing to walk away. Your grades are essential and there's no way to go back and fix them.

+1. I'd be screwed resume-wise if I hadn't taken a school year internship when I had the chance. But be careful, don't let your grades slip, and manage your time. Shit on everything that isn't grades, internship, and networking - it's worth it. Also, vice versa is true - be sure to not let school interfere with the internship; I found interning during school to be very different than the summer and it hurt my performance b/c the internship ended up being surprisingly demanding.

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Sep 20, 2010

Internship, brother. Fuck your stats class. do it next time, it aint goin anywhere. however, if u dont take the internship chance, they'll get someone else and u'd lose a chance to put some sophisticated ABS shit on ur resume.

Sep 20, 2010
Don Corleone:

Internship, brother. Fuck your stats class.

+1

People like Coldplay and voted for the Nazis, you can't trust people Jeremy

Sep 20, 2010

No question, take the internship. I did a structured finance internship last summer, and it was a great experience.

Sep 20, 2010

no brainer !!

Sep 20, 2010

never has there been such an easy decision

Sep 20, 2010

Now she wants me to drop my morning class too... I can't do this and screw up my semester. She will keep me in mind for spring. which is good and a bridge has been built
FML!!!! thanks for the input guys!

Sep 21, 2010
barboon:

Now she wants me to drop my morning class too... I can't do this and screw up my semester. She will keep me in mind for spring. which is good and a bridge has been built
FML!!!! thanks for the input guys!

Your making a big mistake. Your a freshmen. This experience is a golden opportunity..do not pass it up. Look, you know that you want to work in finance, you only have to compete one major. It is a waste of time to take two majors if you know area you want to work in (finance, engineering, accounting,ect). Go to you business school's office and see if you can take the internship for credit. It is probably past the deadline, but see if they will make an exception since it is for a full year. There is plenty of time to make up any classes that you missed. Over load a semester or two. I took 21 credits 4 semesters in a row and graduated a semester early. I had not AP credits, went abroad a Summer and a Spring. You have no idea what will happen in the future and how easy it is to make up classes. Life comes down to a few simple moments, this is one of them.

Sep 21, 2010

dang, sorry man.

Sep 21, 2010
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