Sophomore Advice Needed!!!

Hello everyone,
I am currently a sophomore at a non-target and I don't have an internship for this summer yet, I feel like no one wants to hire me and I'm even willing to work for free. Does anyone have any advice? It would be much appreciated.

 
Best Response

When did you start looking for internships? Not asking to reprimand but your tone indicates you’ve applied to many positions and didn’t get any. If so is it an issue with your GPA? Can you provide details on your major/minor; would you be interning near a major urban area?

If your school has an online career site, filter the available internships to applicable items (i.e. Sophomore, field of your interest, location, etc). I personally would apply to those ASAP.

I would also visit in person your career office - if your school has one - and ask if they know of any internship openings that are still not filled. Finance professors and the career office probably have a few informal openings they know of that might not be online. So that being said if you’re close to any finance professors ask if they know of any opportunities and stress that you’re apparently willing to work for free.

The obvious: check other job sites such as LinkedIn... ask friends and family. It is really a numbers game in my opinion if you don’t have connections and come from a non-target (which I personally identify with).

Don’t give up hope - in my opinion I would do something this summer..... an internship would be ideal but if not see if any finance professors have a project you can work on..... maybe get ahead on your classes.

If you are dead-set on the internship, understandably so, stress that you are willing to work for free. I’m surprised you haven’t found anything.

 
ArbitrageSam:
started applying in Feb. (Long story), I have a 3.8 gpa, applied to about 20 internships so far and got a no to all, Finance and Entrepreneurship, Im applying everywhere and anywhere,

20?

How are you applying 'everywhere'? Send out a lot more applications.

Send out hundreeeddddssssss.....

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

That’s a great GPA.

20 is what I would apply to over a single weekend.

As the other poster said, apply to way more. I personally applied to over 100 when I was in your position. By the end of the school year my desktop was filled with different cover letters for different companies.

 

Having been in your position last year, there are a few things I can recommend. Not saying it's the perfect strategy, but it's something that can help.

  1. Talk to your professors and other faculty members. I'm sure they know someone somewhere who could use an intern, and if not they will keep an eye out. You're a 3.8 student and it looks bad on the school if you can't get an internship.
  2. For every job you apply for, look on LinkedIn for someone from your school that works there. A personal recommendation automatically makes you a much more attractive candidate.
  3. Have a compelling story. Even if the opportunity is less than ideal, you need to have a good reason for why you want the job and why you are the best candidate.
  4. Don't give up, and don't be picky. At the end of the day, you just need something. Summer after sophomore year is not a make or break summer. It can sure as heck help, but a crappy summer internship won't derail the next 20 years.

If you have more questions, feel free to PM me. I've been there and know what it feels like.

 

Ya I would recommend not only applying to BB's, but also every bank and PE firm (if your interested), that you can possibly find.

Emailing higher ups in these smaller firms will not by any means hurt you, unless you decide to say something really dumb. So do that for sure.

You can do it!

 

Well it depends what kind of company and what you actually would be doing. If you have absolutely no other offers, something is better than nothing.

Some financial advisor internships can be a real drag and completely useless experience. I know of some who would try and get the interns to just call up their parents friends to get them to use the company and really accomplish and learn nothing.

But again, being able to put at least something on your resume will help

 

Eos qui tempore aut commodi quibusdam sed. Voluptatem et hic qui eum assumenda. In ex nemo tempora cumque ut dignissimos. Voluptatibus doloribus ducimus provident a eligendi doloribus. Sequi ea rerum sapiente voluptatibus voluptatem dolorem officia minus. Explicabo dolore voluptatem porro magnam laudantium fugiat ut. Culpa perferendis labore culpa dicta molestiae asperiores.

Est tempore recusandae reiciendis eum. Repudiandae labore totam voluptas perspiciatis necessitatibus perspiciatis accusantium. Assumenda qui at delectus laboriosam temporibus repellendus. Accusantium rerum eligendi necessitatibus omnis qui qui libero. Est et maxime ad qui. Sit corporis ullam dolorem.

Quas ipsam beatae vel laboriosam. Saepe nesciunt ipsum est ipsa. Asperiores natus nam temporibus nulla recusandae assumenda in. Possimus deserunt quaerat adipisci ipsam itaque placeat. Necessitatibus aliquam molestiae voluptas rerum ex ipsa explicabo. Est voluptas voluptatem vero. Adipisci aut provident qui explicabo ipsam quaerat.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”