Comments (6)

Mar 28, 2009 - 11:00am

I was unfortunate enough to have that position last summer. J-rad is right in the fact that there are lots of different areas for finance interns, and you probably won't know where you are placed until you show up for your first day. My experience was very subpar - the work wasn't challenging and my manager seemed shocked when I asked what else I could do. If I could go back, I was have specifically asked for valuation work to do on the side to at least learn some new things.

Mar 29, 2009 - 8:57pm

damn...i applied to a ton of those. looks like a whack experience. and when do they usually get back to u about interviews or rejections and stuff?
how does a boutique banking internship or PE internship compare to a F500 internship during sophomore summer?

Best Response
Mar 29, 2009 - 9:05pm

Look at it this way.. if you want to work in corporate finance, doing an internship at a F500 company will be a good start. Obviously there will be times when you're doing shitty work, but if you intern with a good company you'll learn something. I know a lot of people who have interned at large companies and didn't feel like they wasted a summer. On the other hand, I know people who felt the opposite. It just depends where you work and what you put into it.

If you're doing it sophomore year, there's not much to lose. My first internship was in PWM and I hated it - but it helped me get an internship at a hedge fund and ultimately get a job (even if its unrelated to my internships) after graduation. Take what you can get and make the best of it.

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