Freshman summer

Hey guys I'm a freshman currently networking for freshman summer internships. So what's the best kind of internship freshmen typically get? BB wealth management? Small asset management? 

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (8)

  • Associate 2 in IB-M&A
Oct 27, 2020 - 10:13pm

Anything you can get, you will find very few places willing to hire freshmen. Local boutique IB/PE would stand out, some sort of finance role at a non-bank company is more common.

  • Associate 2 in IB-M&A
Oct 28, 2020 - 12:14pm

That's fine, hopefully they have at least 1-2 deals closed so you can be assured it's legitimate. 20+ people is ideal but these are very competitive.

Avoid northwestern mutual or anywhere selling insurance products. Other than that, freshman summer is just good to show you can function in a work environment. Sophomore summer and networking are more important

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • Prospect in IB - Gen
Oct 27, 2020 - 11:42pm

As long as it's either vaguely relevant or interesting that's all that matters for freshman summer. I did basic data science at a local company in my hometown my freshman summer and have a EB offer for junior summer. It rarely came up in interviews unless I used it for stories.

Start Discussion

Total Avg Compensation

August 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (36) $363
  • Associates (210) $232
  • 2nd Year Analyst (121) $152
  • 3rd+ Year Analyst (28) $146
  • Intern/Summer Associate (102) $144
  • 1st Year Analyst (450) $132
  • Intern/Summer Analyst (358) $82