I NEED HELP!!!

Hi everyone, so I am a sophomore at Michigan State and I have a 3.75 GPA and I still haven't even applied for any internships for this summer yet. Does anyone have any advice on how I should go about this? I don't have any experience in finance other than a personal account and being a property manager for 30 single-family homes (if that even counts). I hopefully want to get into IB then PE. Any advice will be incredibly helpful.
Thank You All

 

Did you recently realize you wanted to do IB? You definitely should've been applying and interviewing for internships because not having an IB internship makes it LOT harder to break into banking full time.

You should apply to anything and everything related to finance because you need to have an internship this summer, so I think that this is priority number one. IB is over, so look for other things like corp fin, consulting, boutique PE / HF, family investing offices, etc. Hit up connections if you can as well.

Then worry about networking and prepping as much as you can to best prep for full time recruiting. Good luck

 

Thanks, I know people at Scottrade (soon to be TD Ameritrade) and they said they'll give me an internship but I don't think that will help me at all. I think I'm just scared that I'm not ready and haven't done enough for them to even consider me as a candidate.

 
ArbitrageSam:
Hi everyone, so I am a sophomore at Michigan State and I have a 3.75 GPA and I still haven't even applied for any internships for this summer yet. Does anyone have any advice on how I should go about this? I don't have any experience in finance other than a personal account and being a property manager for 30 single-family homes (if that even counts). I hopefully want to get into IB then PE. Any advice will be incredibly helpful. Thank You All

What is your major?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
  1. It’s late in the game but you’re not out, start applying ASAP and by ASAP I mean right now. Start reaching out everywhere, if you want IB from MSU, you better start creating a Rolodex as well. You’re gonna need it. Have you heard of FMI? You must’ve. Apply and get in, that’ll help ten fold for recruitment. Use Handshake daily, indeed, shoot emails. Find upperclassmen who have landed IB gigs and shoot them an email and see what they say as well. Good luck.
 
OrionsBelt1234:
start applying ASAP and by ASAP I mean right now.

Is there any other kind of ASAP?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

My son is in a completely different industry, but he has been interning all summer. His internship ends in about 2 weeks, which I think many others do as well. Perhaps finance is different, and his gf is in accounting and will be interning while in school, but if you haven't gotten an internship by now, I just don't see it. Doesn't school still start back around Aug 20 - 25?

 

Sed facere iusto dolor fugit eius. Est libero aut et molestiae recusandae quis libero. Aut animi ut iure minus praesentium praesentium repellendus. Fuga aliquam praesentium ipsam non omnis quos aut excepturi.

Placeat ipsam nisi odit qui consequuntur et dolorem. Cumque qui dolor deleniti iure sed. Tenetur quia ut sit est id.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”