Easier Back Office Internships?

I'm trying to break into IBD for next summer. I heard that many people get BO internships at BB for their sophomore summer. Do you exactly get those positions? All the internship openings on BB websites are mostly for IBD/FO. Besides operations and tech, what else does BO include?

 

I'm not sure what you are talking about. All BB's put all of their internship opportunities on their website. Just apply everywhere and something will stick. I've seen plenty of people that do not have special sophomore internships get great offers for junior SA.

 

If I'm a sophomore this year, when should i start emailing/networking with boutiques for this upcoming summer? I have an Asset Management internship in NYC over my winter break (I know not directly related to IB) and I would like to have that on my resume/under my belt before starting to look around at local boutiques (Philly area) if possible.

 

Agreed with the above. Try and get transaction experience whether it's a boutique or corpdev. I took the corpdev route and made great connections with several banks along the way fwiw.

These will look better than having some controller internship where you basically did nothing and will help you speak about deals in a more polished manner.

 
Best Response

Like someone said previously - BO is a very broad area, let alone Ops. BO is any division/group that does not generate revenue and supports the business. (e.g. Ops, Corp controllers, accounting type roles, compliance etc. etc.). Do your best to get an internship in FO, but worse case scenario, don't need to cross out BB Ops where you can use that as a stepping stone to break into a different role.

Hope that helped.

 

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