How to value as an equity S&T summer intern?
How do you add value as a S&T summer intern in equities and get the return offer? I don't have the Series 7 or 63 so that limits what I can do trading and sales wise. Thanks in advance.
How do you add value as a S&T summer intern in equities and get the return offer? I don't have the Series 7 or 63 so that limits what I can do trading and sales wise. Thanks in advance.
+21 | Should make a move in the early stage?(TLDR) | 2 | 12h | |
+18 | How to become a Real Time Power Trader? | 5 | 19h | |
+12 | Base salaries for BB S&T? | 2 | 8h | |
+12 | dwindling hopes of Commodity Trading | 3 | 1d | |
+9 | AM LO vs Commodity Trading | 1 | 6h | |
+9 | BNP Paribas Rep - S&T --> IB/Private Credit | 1 | 12h | |
+9 | Summer Intern Projects | 1 | 13h | |
+9 | How long does it take to be an independent structurer | 1 | 3d | |
+6 | Wells Fargo Fixed Income vs TD Securities Fixed Income | 8 | 12h | |
+5 | LNG Trade Shops | 3 | 1d |
Career Resources
You wont add value in a S&T internship - you probably wont even add value in your first year as an analyst. One of the MD’s told me, “We are paying you to learn during your first year”. With that being said, …
People know that you are capable and smart - so at the end its about headcount, luck, and the right people pushing for you. So to have the right people push for you - 1.) Engage and talk to people, 2.) do well in whatever projects they give, 3.) try to help where you can (yes, that means some senior guys will ask you to get coffee).
To be a good intern you just have to do the following:
1) Be interested in the product that you're covering
2) Be social, but normal
3) Talk to people outside of the desk you're working on
4) Be willing to work late if need be on projects while you learn the systems/excel.
As you stated, you're missing a lot of licenses, so you really can't do much besides maybe access some internal databases and come up with some trade ideas, or help on a research project where you need to manipulate that data. You just need to have a good attitude and be forthright about talking to the senior guys about their roles, the markets,...etc. Now that I'm one of those boomers, I know that I have about 10 things on my mind at any given time, so just be aware that a lot of guys aren't thinking about you by default (after all, most of the year they don't have interns). You need to take the initiative to talk to them and demonstrate interest and competence. Basically they will only not take you back if they think they can't put you in front of a client or you do shitty work. The bar for shitty work is pretty low, so just get comfortable talking to people and you'll be fine.
I’m a first year analyst let me tell you how to create value.
Thanks for sharing. How do I ask everyone on my floor what they want for lunch without appearing too needy?
Same for coffee…are you paying for coffee daily?
Quia libero impedit delectus corporis nisi et. Eaque alias accusamus velit ea odit est consectetur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...