Just a little background about me, I go to a non-target school in NYC and will be joining ML for wholesale credit (Asset Backed Lending) this summer, according to the credit portfolio managers that I will be supporting "Besides the typical asset backed lending stuff, I will gain exposure to evaluating FX swap credit risk exposures, possible joint meeting with DCM and FX desk, but majority of my job is still lending and coverage." current GPA 3.5, major finance minor in law and accounting. founded business fraternity AKPSI in my school, handful of other business club leadership experience. While in school, I worked full time in retail banking at BOA, TD, JP Morgan and now Wells Fargo. I have my series 6 and 63. Currently, my job surrounds bringing high net worth client from retail to wealth management, so it's more wealth management focus than retail. Now going into my senior year, I want to land something in IB coverage, ECM or DCM. My end goal is advisory, M&A or PE but I know that's not going to happen until after B-school. I'm open to all location or sector.
Now I'm looking for tips on what I can do over this summer to get into IB.**
What I currently have planned, but open to suggestions
- CFA 1 in the summer and if I fail, then I will take it again in winter.
- Complete BIWS course, freshen up on technical (always struggle during rapid fire)
- Touch up on some coding (Python) and technical/excel skills (VBA, Macros ...)
List of Interviews I have done this year
JP Morgan - Middle Market Coverage - Superday, No offer
Merrill Lynch - Wholesale Credit - Accept Offer
Evercore - Equity Sales - First Round, No offer
HSBC - Investment banking coverage TMT - First Round, No offer
Barclays - Trading Utility - Superday, decline interview
Wells Fargo - General App for summer analyst includes middle market, corporate banking... - Did First Round, In Progress
Morgan Stanley - Prime Brokerage - First Round, No offer
ING - Leverage finance - First Round, In Progress
Lastly, on the side note I just took a job with wells fargo making 65k plus bonus (75k total comp). If I'm leaving for the internship in the summer, should I just make up some bullshit reason and get a non-paid leave of absence? Or should I quit my job (conflict of interest)? I'm currently registered with them on Broker check, how do I explain this to future employees?
Before everyone start trashing me, I'm just a 21 year old monkey and a senior in college that don't know dip shit. Just humbly asking for advice. Please HELP