How Much Does Being A Finance Intern At A F500 Pharma Company Help For Full-Time IB Applications?

Hi all, basically the title above. I asked this in the MBB page too, but I'm also interested in IB.

I'm a junior in college, and got a Finance internship secured for next summer at a F500 pharma company (think Roche, Merck, Novartis), and I don't know whether it would help or hurt to intern there if I want to apply to IB for full-time next year. On one hand, I think the F500 brand name + finance internship will help, but I don't know how I would justify that I was in finance in pharma, and wanted to switch over to IB. Given that I would be applying to the first-year entry-level role at IB, would firms even ask me to explain why I want to go from pharma finance to IB? Also does my internship count as corporate finance? I never understood what that term meant. Thanks!

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Comments (8)

Nov 6, 2021 - 1:05pm

Hey Blingking, I'm the WSO Monkey Bot and I'm here since nobody responded to your topic! Bummer...could just be unlucky but one of these topics will help shed some light:

More suggestions...

Fingers crossed that one of those helps you.

  • Incoming Analyst in IB - Cov
Nov 15, 2021 - 10:45pm

I just finished FT recruiting and I actually was in nearly the same position as you. If you're interested in healthcare banking, you can spin it that way and it can help your story a big as to why that group. Without any ib experience you have to be a able to explain why ib and not staying where you had your summer internship. For me, when I was interviewing I explained how the internship was relevant and argued that my non traditional background was actually a benefit. Overall, a finance internship at a reputable company isn't a bad thing to have, just know if you're dead set on ib it will be a bit of an uphill battle

  • Incoming Analyst in IB - Gen
Nov 24, 2021 - 4:36pm

I'll be starting at a MM, and got interviews at a few BB and MM. The places I was most able to get interviews were biotech focused healthcare groups, which are mostly located in SF with a few in LA

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Nov 24, 2021 - 6:01pm

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