Fed, the SEC, or the White House?
If you were interested in an IB analyst position in the future, would you choose to intern at the WH, the SEC, or the Federal Reserve?
If you were interested in an IB analyst position in the future, would you choose to intern at the WH, the SEC, or the Federal Reserve?
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White house would probably serve to differentiate you more, the SEC might be the most relevant but only if you want to do something like PWM/S&T where most of the regulation is directed. I would go with white house. Seems like a neat experience and it would look interesting on a resume. With a good school and GPA backing you up this would increase the chances of landing an interview. Best of luck!
White House will probably look best on your resume from a "sticking out" perspective. Fed will probably be most interesting work. Would avoid SEC.
I would also do the White House, although the work will be pretty boring I imagine. But it'll be a big differentiator when your going for interviews.
if it's the new york fed and I want general IB, that. if it's the dallas fed and I want oil & gas, that. if its SF fed and I want tech, that. all of that being said if you clerk for the white house chief of staff or some other BSD, that trumps all. I, too would avoid the SEC like the plague.
Whitehouse internship did wonders for Monica Lewinsky.
I would say that working at the White House definitely helps with the story part of any interview, it's just a cool experience overall. I am assuming obtaining such an internship requires heavy screening and a good GPA.
Just make sure you have a good reason for "why banking?" since it's the least finance related.
I would swiftly throw your resume out if I saw any of these institutions listed, not even kidding. I don't view any of these experiences as positive or even neutral, in fact, I view them as materially negative. I know lot of professionals in SF and Silicon Valley that would also agree, just FYI.
And thanks to all the advice above; it has been very helpful!
Neither, it's much more simple than that, it's because all three are government agencies. On a practical level, I don't want somebody whose professional grey matter, so-to-speak, has already been shaped by some fucked up bureaucratic pit. On a philosophical/moral level, the three camps of people that take these jobs full time are (1) idiots who don't understand the philosophical implications of work in big government, (2) incompetent people who can't secure professional jobs in the private sector, and/or (3) intelligent people that consciously know what they're up to (read: cronies), in general, I'm not particularly keen to have my future interns/co-workers learning from any of these three types of people. I'm not looking to exclusively hire raging anarchists, but for the most part every competent person I've ever worked with will at least give a strong eye-roll at the notion of public sector work.
White House. I want to see for myself if reptilians run the county.
Why avoid the SEC? Wouldn't any BB want to have intern that worked at the SEC and understands the procedures of the SEC to work for them?
Because the White House is arguably a more interesting experience and there's obviously a larger prestige factor associated with working there.
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