What to do for 6 months? (Offer holder)

Subscribe

Incoming FT at a top BB in NY. As I'm graduating (early) in December this year, I have ~6 months to chill before next summer and was thinking about what I can do in my free time. $$$ is not an issue, but international traveling seems difficult given COVID. Got several options I can do:

1) Do nothing

2) Take additional classes in fields I'm interested in

3) MM PE internship

4) CorpDev internship at a unicorn startup

 

Cannot start my FT gig early due to bank policy. Goal after banking is Buyout PE or Growth Equity.

 

Would appreciate any opinion - thanks!

Comments (6)

 
Oct 17, 2020 - 12:09pm

Travel. if you don't want to go abroad then travel the US. What you learn in more classes/an internship realistically won't give you any discernible leg up, it won't grab anybody's attention. But, being able to intelligently speak about various cultures/geographies grabs people's attention which at the end of the day is more important than how well you know the capm or excel.

Even it is just the US, geography is an integral piece of any and all business. If you're working on a deal where a company has offices in x, y and z cities and you've been to all of them and know some fun facts about all of them and the unique cultures of each that is always beneficial.

Array
 
Oct 17, 2020 - 12:09pm

Travel. if you don't want to go abroad then travel the US. What you learn in more classes/an internship realistically won't give you any discernible leg up, it won't grab anybody's attention. But, being able to intelligently speak about various cultures/geographies grabs people's attention which at the end of the day is more important than how well you know the capm or excel.

Even it is just the US, geography is an integral piece of any and all business. If you're working on a deal where a company has offices in x, y and z cities and you've been to all of them and know some fun facts about all of them and the unique cultures of each that is always beneficial.

Array
 
  • Intern in IB-M&A
Oct 17, 2020 - 4:10pm

In the same situation. Appreciate first commenters suggesting of traveling the US, but would it really be worth it when things are constantly closing or opening up depending on the city? I feel like the only sure way to travel would be via national parks and camping, but even then some of the parks were shuttered for months. 

Also to OP, I would suggest keeping an eye on international travel to see when things open. If you're willing to travel for a long time, there are ways to get around it. For instance, right now it's possible (so long as you get a negative covid test) to travel to Croatia for 2 weeks, then once 2 weeks are over move into Italy. Travel barriers are starting to drop slightly for Americans, but it's only really feasible for those willing to jump through a few hoops and/or spend 2 weeks in quarantine. 

I'm banking on Asia opening up select travel routes for Americans willing to spend two weeks in quarantine by the spring. Already Hong Kong - Singapore is being reopened as a travel bubble soon, so fingers crossed they let us in lol 

Start Discussion

Popular Content See all

Received my PWP rejection email!
+92IBby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Is Evercore the next Bulge Bracket bank?
+24IBby Intern in Investment Banking - Mergers and Acquisitions">Intern in IB-M&A
Biggest Regret in Undergrad
+20IBby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Is Liontree the next bulge bracket bank?
+17IBby 1st Year Analyst in Sales & Trading - Equities">Analyst 1 in S&T - Equities
I got a top IB SA offer thanks to WSO
+17IBby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Virtual Summer Interns - which banks sent you WFH gear?
+15IBby Intern in Investment Banking - Industry/Coverage">Intern in IB - Ind

Total Avg Compensation

October 2020 Investment Banking

  • Director/MD (17) $704
  • Vice President (49) $326
  • Associates (264) $228
  • 3rd+ Year Analyst (36) $168
  • 2nd Year Analyst (147) $159
  • Intern/Summer Associate (136) $141
  • 1st Year Analyst (579) $130
  • Intern/Summer Analyst (555) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.4
2
Jamoldo's picture
Jamoldo
98.3
3
Secyh62's picture
Secyh62
98.2
4
CompBanker's picture
CompBanker
97.8
5
redever's picture
redever
97.7
6
Edifice's picture
Edifice
97.6
7
Addinator's picture
Addinator
97.6
8
frgna's picture
frgna
97.5
9
NuckFuts's picture
NuckFuts
97.5
10
bolo up's picture
bolo up
97.5