SA 2021 without 2020 internship
I was going through the recuriting process for a couples places and was looking good to land something this summer. I am now afraid that these processes will be halted since they weren't that structured to begin with and with summer fast approaching could be left empty in summer 2020.
Do you think banks will be understanding in 2021 if a kid lost placement for a 2020 internship due to corona? I still have some time and leads and am hopeful, but the clock is ticking.
I wouldn't worry about it I think a lot of people will be in your situation, just recruit for 2021 as usual
Also a bit concerned. I was talking to four firms and now three of them have gone silent.
Similar situation. I am hoping that as we settle into WFH this week they will reconnect and provide an update. Honestly they probably are all hopefuly still planning on interns, it probably just isnt on the top of their priority list ATM.
Same. I'm planning working for a very small advisory firm, and there was no formal application process, just got it through school alumni/networking. Kinda scared to reach out because I'm scared of pissing him off as he's probably losing lots of money bc of corona, but I also would like some updated info. Do you think it's better to just reach out in a couple months?
you will be absolutely fine, at this point focus on 2021, but reach out occasionally to local shops for 2020 opportunities
even from a non-target?
Especially if youre non-target
I’m in the same boat. Was closing in on an M&A opportunity at a firm that happens to be getting hit pretty hard right now so I’m not sure what to think. Definitely not great timing.
boutique m&a?
yea
Same boat. Places I was interviewing at froze their process. You're not alone.
Do you think boutiques would cancel internships this summer?
Heard from an analyst at Top boutique you won't stay competitive if you don't have something lined up for the summer. It doesn't have to be banking but at least something in finance
That's dumb af because we're going through an unprecedented time right now with the virus
It was before the virus tho. Should've said.
was this before or after covid-19?
Before
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It really depends. Like PJT on their career page asked you to put that info on your resume for application.
anybody have interviews/offers at a smaller internship at a boutique, small PE, small HF go dark?
Yep I had five places say they were freezing recruitment until the situation clears up a bit. One place I had a verbal offer from hasn't gotten back to me yet with confirmation.
If you guys are struggling to find internships, it might be worth it to look into remote internships. I was able to do an internship this last semester with an independent advisory firm completely online - I worked on live deals, built pitch decks, got some experience working with financials... There are some great alternatives out there if you’re out of options
That sounds amazing right about now, did you cold email the place or was it an online program? I just lost my internship and am looking for literally anything
Worse man, I actually just submitted to their “contact us” box and wrote a bit about myself and asked about their internship program haha. Got an email like 4 days later. I’d say to reach out to anyone and everyone.
You will be fine. I just got 2021 offer and was never asked about 2020 internship at all.
Was this BB?
My summer internship was cancelled this summer and I was working at a buy side shop. Do you think this will impact me for banking 2021 recruiting? Or will people be understanding. Shitty
wondering the same. Keep following up with everywhere i was interviewing in the beginning of March and it's all TBD... gives me the feeling it's wait and see which SUCKS for me. Not sure how banks will look at not having prior internship experience, hopefully its something theyre relaxed about
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