What if I can't get an internship?
Hi everyone,
I am going into my junior year at a semi-target school, and am still having trouble landing a finance internship. I made the mistake of putting all my eggs into one basket and ultimately got screwed out of a job last minute. I had an accounting internship after my freshman year, but seeing as I want to get into IBD in the future; what would you recommend I do at this point?
Thanks in advance.
I am in the same-boat. I suggest cold-calling, I am sure there are boutiques that are willing to take on a sophomore summer analyst. however, i would not anticipate a paid internship. I am in the same position.
Good luck.
Not all internships have to be Summer.
You can try to get one in the fall/spring.
Try looking at actual job postings and call those firms and offer to work unpaid, that may work
Have you also reached out resources that you might have overlooked? Like college professors, parents, relatives, siblings, classmates, people at the fraternity, friends from business clubs, friends from high school? I would suggest combing through these immediate contacts again for new leads. Ask them for referrals.
Yes, I have tried to use other resources, the problem being it is rather late in the recruiting process.
Start your own business, you'll make way more money than in finance and you'll work less hours.
Keep at it...I was in the same boat. mhurricane is right about the fact that it probably won't be paid, maybe they'll give you a stipend to cover travel costs. Get a part time gig for now if you need the cash and work at getting your foot in the door
What ultimately happened?
@mhurricane I landed an internship at a boutique...OP you gotta turn over every stone you can. Human is right on the money with reaching out to everyone, never underestimate anyone you know
How late was it, though?
The advice so far is good, but if you can't get anything it's not the end of the world. Take a class over the summer and boost your GPA. Go on an interesting vacation, road trip to national parks, train for a marathon, whatever. You'll have something cool to talk to girls about when you get back to school and it'll be a hell of a lot more fun than an unpaid internship.
Why do you need to talk about cool things to girls? Why do you need to be cool? Why do you need to impress them? It reads like you feel girls are superior and you are inferior.
Because I have a dick
@mhurricane about 2 weeks ago
I just landed one last week. Thing is - it takes more than a few days, especially if you're cold calling. And it takes at least one in person visit (meetup, resume drop in person, formal interview, etc.) before somebody will take you seriously.
If you keep lookign right now you may get one by mid june - it'll almost have to be unpaid though.
Can't stress the in-person meeting enough. Hell do it as early in the networking/contacting stage you can with a new company you're cold-calling. If you're in the city this will be really easy and not awkward at all. In a more rural and laidback setting, it will be harder to do.
If you're just going into your junior year you still have a good amount of time to build some experience.
I'd contact every boutique you can trying to get what's likely an unpaid SA gig. This is much more likely to work at small boutiques without formal internship programs.
At the same time, start contacting BB PWM offices around offering to intern and help out. This can be your fallback option - if you get it, it won't require that many hours, it will give you a nice name on your resume, and could help you get connect with people for future internships.
Summer PWM -> fall/spring boutique, + building leadership and extracurriculars during the year should leave you in decent shape for next summer SA recruiting.
Cold-call wealth management offices near your home. PWM is really a resume filler - don't really learn anything and recruiters know it. But it's sure better than nothing. I'm sure some random branch manager would be happy to get a free hand for the summer.
PM me -- maybe I can help.
If nothing else pans out, should I consider a sales internship with an insurance company? Would that look good on a resume or is it just bs?
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