Internship/Experience

Hi,

I'm new to the site, great site by the way. Plain and simple I need help.
I'm a high school senior who's been admitted to UoM Ann arbor & trying to get a summer internship. Also,I don't have access to any super days or information convention or anything of the sorts(I currently live in Lebanon). So I've been cold emailing my resume to some IB boutiques & hedge funds in the Chicago area with no luck(I'll be living in Riverside,IL).

Basically I'm looking for experience,in a hedge fund,with no compensation in mind during the summer. I know that its to late now for employment but maybe someone is a financial professional in this field who can help me out.

Thanks in advance,
Regards,
Zak

 

Getting the word out about your interests and your job search is the best thing you can do with regards to getting a job. When you tell people what you want and are interested, they are inclined to contact you if anything comes up within the realm of your stated interests. Check this out:

 

Great work getting into UMICH. Not my public school of choice, but good job. Good luck getting an internship as an incoming freshman in this market, half of my class at Harvard could barely get jobs as juniors.

 

Your right on the money harvardguy87, i couldnt agree with you more. UMich is great, but not exactly ideal for a prospective banker. Network hard, break a mental sweat and you should be alright. Best of luck in the future!! :)

 

Thanks, PennManBanker03.

Personally, if you're going to a Big 10 school (as I think they refer to them as), I recommend going to IU, if you want to get into banking. They have a great IB program to help students get on Wall Street, and they definitely have a better placement rate than UMICH.

Furthermore, the out of state tuition at UMICH is ridiculously high compared to other state schools. The BBA at Ross might sound tempting, but receiving a BS in Business from Kelley is definitely worth it.

 

Please do not listen to harvard guy. Michigan is a very good school, and does just fine with placement. In my summer class (S+T), Umich (Ross) was probably the #1 public school, and had more representation than (gasp) Harvard. No kids from Indiana.

Also, don't bust your balls if you don't get an internship this summer. You've got a bunch of factors working against you - location, age, economy. Luckily, it doesn't really matter what you do this summer. I didnt do a damn thing until my sophomore summer, and did just fine in recruiting. Enjoy yourself, worry about what frat to join, and if you can't get a dream internship, don't fret, almost every kid your age is in the same boat.

 
Best Response

First, good job on being this proactive as a high school senior, you are certainly a few steps (or miles) ahead of the game.

However, you should be aware how tough this market is for all candidates, including some that are much, much more experienced than you. Not to discourage you, but most IBDs will flat out reject / not consider high school seniors. Even most boutiques want candidates with a basic education in accounting and finance.

Instead, I would focus my summer on reading everything about finance and economics I can get my hands on, doing something productive like non-profit work or even traveling, and preparing for college. If you do well during your first year and educate yourself about the industry then companies will start to take notice. Above all, have fun during these years.

 

First thanks for all the advice everyone.

But I want to say a couple of things: 1)I read a lot about the industry, but I wanted to witness it firsthand & gain experience. For although my resume is packed for a high school senior, it lacks any finance related experience. Any internship would have sufficed & aided me in planning my future career path.

2)As for my future concerning undergraduate education,I'm planning to transfer to Upenn(target school),if I get the chance, after freshman year.

So I guess I'm off to volunteer work or something. Please anyone who's got any spot for me in some office don't hesitate to inform me, for I want disappoint.

Regards to all, Zak

 

Hahaha. Your planning to transfer to Penn? You've never stepped foot in a college classroom, but you've already selected the school your going to transfer to. You're really setting yourself up for a miserable freshman year of college. Let us know how that goes.

Also, if you come onto a site and beg for a job, and promise you "want disappoint," you should probably take the time to proof read your posts first. That's the only evidence we have of your abilities. Just a thought.

Good luck.

 

I know but I'm an extremely optimistic & hardworking person. So frankly I don't care how hard the path that lies before me.

As for my mistake let's just keep it between us.:)

Anyway thanks for the reply, I'll keep you posted if your that interested. Regards, Zak

P.S.I'm going through some rough times, so thank god it was just a verb error & nothing more gruesome.

 

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