Is an internship worth it if it's not prestigious?

So, I got a paid, summer internship, but it's in a state I don't want to live. It's as an investment analyst. The thing is, this internship will cost me roughly $1000 because I'll have to pay for two places and an extra 4 months of living. I have limited experience on my resume (currently doing 1 unpaid internship at a hedge fund remotely) so I am a little desperate. I don't go to a target school. I'm at a decent public university ranked #2 in my state. My major is of the liberal arts variety (with a business minor), but have started algorithmic trading and think I can get returns of 150% a year so I'd be happy with any job that paid at least 50k/yr.

I would graduate in the summer if I don't take this internship. Do you think this internship is worth delaying my graduation by four months? There are so many things I could do in that time frame, including getting a paid job, going to graduate school, or learning other valuable skills.

What would you do in my situation? What's your advice? 

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Comments (4)

Oct 8, 2021 - 11:11am

Beggars can't be choosers. When you're just starting out with getting experience all you want is just that: experience. You can have the most prestigious name on your CV you want but if you didn't do anything notable, it's not really worth shit.

I have a liberal arts major, but have started algorithmic trading and think I can get returns of 150% a year so I'd be happy with any job that paid at least 50k/yr.

Would definitely not bank on that being a structural regularity lmao.

Most Helpful
Oct 8, 2021 - 11:46pm

You need experience, not prestige. Get as much experience as possible, at legitimate places, not with some day trading.

With good experience, you can maneuver to prestigious places. Without good experience (or a rich dad that's a client) you're shit out of luck.

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Oct 9, 2021 - 12:01am

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