Need Advice on IB Internship Opportunities Coming from Community College

theoak178's picture
Rank: Chimp | 8

I'm a sophomore in a community college near Los Angeles, and I'm transferring to a university next fall. I wanted to get some type of IB related experience my sophomore summer, so I hoped to get advice here on what to do. Is it possible to get an internship at a boutique IB firm coming from community college or is it too late in the recruitment process to do so? I'm kind of stressed because I understand that getting a junior summer internship is made easier by prior finance/IB experience. Also, when going for a sophomore summer internship what type of base knowledge of IB do I need? I already know the basics of what IB firms do, and I'm just beginning to read Rosenbaum's IB book. Any advice would be much appreciated. Thank you.

Comments (18)

Nov 25, 2017

I have a number of friends who made it into IB from a CC, but none of them held banking internships while there. Candidly, you will be hard pressed to find get any internships while at a CC (from what I have been told), so just focus on any relevant experience and learning as much about the industry.

Nov 25, 2017

I landed a boutique IB offer while in community college before transferring, however the firm I worked at took a huge leap off faith bringing me on and I know my situation is very much the exception rather than the rule. The upside was they felt comfortable bringing on more talent from select CC's in the area (we have a few that are essentially feeders into UCB/UCLA), so more kids at that level have gotten exposure to banking.

Nov 25, 2017

Feel free to PM me and we can discuss further. I landed an IB gig while I was in community college prior to transferring.

    • 1
Nov 26, 2017

you'd be better served trying to get a PE or VC internship from that level. Make sure you put on your resume that you're transferring soon

    • 1
Nov 26, 2017

In a pretty similar boat. Getting a credible internship is pretty difficult in California Community College for one pretty simple reason; they'd much rather take a student from a UC. That being said, I was able to land a solid internship (non-IB) while being in CC and it did take A LOT OF WORK REACHING out. If I were you I would take the following steps for your best shot: exhaust every connection you have at any F500 company and financial institution, reach out to analysts that went to CC at local firms and show them that you are planning on transferring, and apply to every internship. Regardless of what you're interning for, it's always more beneficial to intern and show some experience as opposed to none.

Best of luck!

Nov 26, 2017

Why would you do this?

Nov 26, 2017

Are you transferring to UVA from a CC? or to complete an associates degree? The meaning is hard to understand here.

"Even if you're on the right track, you'll get run over if you just sit there" - Will Rogers

Nov 26, 2017

You should have written, "If I transfer from a community college to a target school, such as UVA, and place in their McIntire School of Commerce, will I be able to get an internship in Investment Banking?".

Nov 26, 2017

This kid's a troll. Look at his previous posts.

Nov 26, 2017

sorry to say, but in this tough hiring year, it would be very unlikely.

  • aloki
  •  Nov 26, 2017

No, you will not find an IB internship.

Nov 26, 2017

Focus more on transferring to a target school or a non-targer where you think you'll have a competitive shot at admission. Do the best you can...that's all you can do.

Nov 26, 2017

Focus more on transferring to a target school or a non-targer where you think you'll have a competitive shot at admission. Do the best you can...that's all you can do.

Nov 26, 2017

Good point. My main focus is transferring but I am also concerned with obtaining an IB Internship to stay competitive when and if I get to the target.

Nov 26, 2017

Are you a sophomore transferring in as a junior? I would concentrate on getting like an FP&A role in a F500 company or something finance oriented not specifically just banking. There are plenty of sophomore internships listed on this board to help bolster your competitiveness.

Nov 26, 2017
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