Small sophomore internships are still gold
I wanted to start a thread for people who were in a similar situation as myself. I come from a non-target and secured a BO position at a relatively small regional bank after my sophomore year. After reading plenty of posts on wso, it seemed like without extensive networking I would never be able to break into the IB field (or at least it would be EXTREMELY difficult).
I think these smaller internships are often overlooked because you can network extensively in smaller firms. I have been here 4 weeks and have already met with several high up executives (including a CFO who makes >1 mil every year). Many FT employees at BB banks will not see their executives for years and I as an intern have already had a meeting with the CFO. I was noticed because I improved one of their processes related to compliance. After this, my boss asked where I wanted my career to go and introduced me to the right people.
Small banks want to retain talent, so they have already moved me from BO to the M&A division (which is small but still relevant). Most students from target schools cannot obtain IB experience after their sophomore year, and I will be able to do so because of this small regional bank. Because of this bank which would be s*** on by many users, I will have much more relevant experience than many "target school" students in my class.
In conclusion, small internships can lead to great experiences. Everyone at my work wants to see me succeed, unlike many work cultures which have been discussed on this forum.
Hi athletic_nerd01, just trying to help:
Who will rescue this thread? ngdung Hawks2016 pacomonkey
You're welcome.
Any insight for a rising sophomore looking to get a 2019 SA internship at a smaller IB? I have a good GPA at a semi-target with a PE internship this summer. Any insight would be appreciated including banks that in your experience accept sophomores
Fugit tempore harum est omnis ipsam totam. Non architecto nesciunt qui aut accusantium aspernatur qui neque. Eligendi ipsa impedit modi harum. Aut ad commodi dignissimos provident. Impedit iure qui excepturi magni. Quidem omnis consequuntur consequatur consequuntur consequatur corporis. Dolorem quis aut saepe ullam sint.
Neque ut magni officia et officiis. Nam corporis est et ea. Veritatis non earum sint repudiandae eius.
Dolore aliquam quia ut mollitia. Sit neque maiores sint provident voluptate. Recusandae adipisci ut qui officia sed id fugit et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...