my situation, will paypal $30 to most complete answer
This is probably going to be a four-part question so get ready.
1) im a senior at Pepperdine with an expected 3.1 GPA (3.2 tops), majored in economics, I'm the president of the investment club if that means anything, i'm familiar with bloomberg and im good w/ excel/word/ppt. As far as experience I worked at Royal Bank of Scotland for a summer, and with Bank of China in Shanghai for a summer. Neither was particularly "investment banking" related. I guess I did some asset-backed-finance-stuff at RBS but that's it. I'd say my resume is as good as it could get, let's just say i know how to exaggerate. I'm taking an "Investments" class this coming semester so I can put that on my resume under coursework. But that's about it. If the time came I know I could craft a very convincing and very persuasive story for the interviewers but right now I'm just sitting at home wondering...HOW POSSIBLE IS IT for me to get a job/internship that will advance me on this path and where should I be looking?
My dad who works at RBS I'm sure has contacts but he is retiring this December. I've contacted a recruiter I know for BOAML she hasn't responded. I'm open to both Summer / Full-Time Analyst positions, or even one more good Internship....anything really as long as it gets my foot further in the door. I'm not in a rush to make money. Sometimes I wish I could just call a BB and said hey, I'm smart, let me be an intern without compensation and i'll give you my best. but alas...
2) My next question is essentially me doubting my interest in Investment Banking. I for one, enjoy the corporate lifestyle, the jokes, the serious moments, that come when $ is being made. However: I'm really not sure I'm cut out for IBD. I hear these horror stories of back to back all nighters...sorry but one-all-nighter and by 4pm the next day I'm as good as dead, with enough caffeine, maybe 5 or 6pm...i stayed up for almost 40 hours in shanghai this past summer and i was so delirious i was having auditory hallucinations. Is it really that bad?
3) One thing that I think I need to start looking into is Trading. I love poker, and at RBS during my downtime I would papertrade, and I got a huge adrenaline rush just from watching Yahoo stock tickers, retarded maybe, but it really seemed like something that I could see myself doing every day and being happy with it.
So I guess my question is: where can I apply for internship/summer/jr/analyst positions to Trading Firms that don't trade algorithmically, as I have no computer programming knowledge. I don't want to be put at a prop desk and basically lose all my money or struggle to cover desk-fees I want to be trained into a profit machine!
4) I'm sure my dad could step me through M&A LBO, DCF etc but what is the single best tool for getting ready for both phone/personal interviews and in person/technical interviews.
ANY REPLYS ARE GREATLY APPRECIATED, but if someone can give me a comprehensive answer to each question I'll give them $30.