How to go about getting internship at boutique?
Just looking at some of the website for boutique IB's it seems like very few offer a formal place to apply to internships. So what would be the best way to ask for an internship? Should I just email them and attach my resume or what?
Thanks, and hopefully some who have gone through the process can speak to their experience too.
Have you tried talking to your career services office on campus? They typically can help you in finding internships as well as preparation for interviews.
Many boutiques have contact info of the people who work there on their websites (smaller ones sometimes do). You should email the person who is dealing with hiring or anyone and indicate your interested and ask how you should go about applying.
Or you can find contact info of someone who works there by other means and contact them and ask for the same thing,
Most of these firms have a general careers email. It should be "[email protected]" or "[email protected]" Send out an email with your resume.
When emailing your resume do you think a cover letter should be attached as well or is it unnecessary?
I wouldn't recommend sending emails to HR or [email protected]. I think it's a waste of time to be honest. My suggestion would be getting in touch with mid/upper level bankers. Either network with informational interviews and over time, ask if there is any possibility of doing an internship at that particular boutique bank. Or, straight up cold call bankers, ask who's in charge of hiring/recruiting, and ask that person whether or not they'd be interested in hiring an intern.
I just finished my internship at a boutique bank in NYC. And I did a bit of both, coldcalling and networking with senior bankers. I luckily landed an internship by a senior MD referring me to another bank. Feel free to PM me too if you have more questions.
Never send your resume with your initial email. Send a cold email to analyst, associate, vp, anyoneyou think you can connect with, request an informational interview, talk to them about their experiences and firm, and they will likely ask you to send your resume.
Thanks for the advice so far!
Today I have been cold-emailing small boutiques asking if they had summer internships. I've been emailing mostly higher up people (senior advisors, MD, etc), who are alumni of my university. Should I not contact such high up people even if the firm has only like 10-15 senior people and the person is an alum? Also is it too direct to ask right away if the firm has summer internships available for undergraduate juniors?
Think of it this way...they know why you are emailing them, but they want you to play the game. Ask to talk with them for 10-15 minutes about the firm and their experience. They will likely ask what year you're in and I'm certain the word internship will come up. Try to make it a natural conversation. Takes a bit of practice to perfect.
focus on reaching out to people who are alumni if your school. level doesnt really matter - when i networked i got good responses from people all up and down the foodchain, i think its more about the individual.
boutiques have target campuses too, just like BBs, so if you are at a school with a resume drop your odds are probably better.
How do I ask a regional IB boutique for internship? (Originally Posted: 10/25/2010)
Please advise.
I'm looking for a regional IB internship for the spring basically anywhere on the east coast. I have a boutique banking experience and BB S&T experience (both through campus) on my resume but I'm at lost when it comes to how to network for a boutique internship on my own.
Is it better to cold call/email analysts who would be more receptive or vp/md who are actually in control of making the decision...?
Anyone has any advice in what is the most appropriate way to ask for the internship?
Much thanks in advance.
With a boutique it's best to email the most senior person you can. If will be near impossible for them to respond, so give them a call.
Personally I'd try to email an analyst/associate (preferably from same school) first and talk to them about the firm and their experience. If they are receptive I'd ask for advice on how to go around getting an internship. Then I'd email the senior person. You have good experience already so that should help a lot. That's my strategy to hopefully get my first internship this summer (I'm a freshman).
Spring is fairly close, so good luck.
Advice on getting a boutique internship (Originally Posted: 02/17/2015)
Hi,
I've put together a big list of boutiques/smaller finance firms and my aim is to hopefully get a paid/unpaid internship at one of these for the summer through cold-emailling and just looking for some advice on how to go about it.
Am I better off being forward and going straight in asking for an internship (either HR or try to get in contact with a higher up which I'd imagine may work better?) or trying to network for an informational interview etc? Given that it's quite late in the game I'm not sure if I have the time for the whole networking process but correct me if I'm wrong.
This is my first time doing any of this and getting worried that I will have nothing for summer so any advice would be appreciated. Cheers.
How do I get an internship at a Boutique Bank (Originally Posted: 10/17/2011)
I'm currently a sophomore at a target and I was thinking about getting a summer internship at a regional boutique bank. I prefer ones in California, as that is my hometown, but I'm fine with any location. I am well aware of this thread: //www.wallstreetoasis.com/forums/searching-for-a-summer-internship, but some of the regional boutique banks have little info on their site. Nowhere is a specified location for internship applications. I'm unfamiliar with internships, and my question is, would a random Boutique accept interns even though they don't state it on their site? I plan on calling many California boutiques to ask anyways, but I don't want to waste my time if I know that they aren't looking for interns anyways. Thanks.
Don't be afraid to cold call if you're looking at local boutiques, but with a 3.6 from Duke econ, you should be applying to BB soph programs in LA / SF.
Definitely agree with the BB soph programs. Take a look into those. But a boutique internship will definitely help. Pick up the phone and start calling. And expect to be told no many many times...
California isn't a town.
I met a guy who landed a summer gig at Oaktree as a soph via networking
While your friends are rotating through NJA fx and emerging markets you could be kicking it at Apollo... just a thought
Any input on BB sophomore programs around the United States? I've only been able to find diversity ones. I'm a sophomore with a 4.0 at a target looking for hopefully a BB this summer but I'd be happy with anything in investment banking.
Small places mostly do not advertise internships, and do not have formal recruiting process. People usually cold call/network into it. Boutique will create an intern position for you if they like you and think you can contribute. However, there is also a high chance it is going to be unpaid, or paid bare minimum - just enough to cover rent.
Yeah, I don't really care if it's paid or not. I just want something to give me experience/put on my resume come next year.
getting internships at MM/boutiques (Originally Posted: 02/24/2008)
after tons of 1st rounds and a couple of second rounds with BBs, I have no offers for this summer. needless to say, im a little bit bummed out but people are telling me i need to start looking for boutiques/MM banks asap. where does one go about finding these internships? im based in the new york area for the summer so the "regional bank" thread isn't as helpful to me.
Surely you have read a tonne of posts about top Boutique, smaller boutiques and solid MM firms on this site. Do a search and you will get all the info u need.
The application for most is in general - the same
but when i go to most of their websites they dont really have internship programs for undergraduates.
serious - I think that it may require you to do a lot of cold calling! and email sending! State you want a internship and you would prefer to gain hands on experience in a smaller firm with smaller deal sizes! Be aggressive.
Talk to all your friends in the industry, speak with alumni to get meetings set up. I guarantee there are some people from your school who work at middle-market/boutique banks.
If that fails, then yes, try cold-calling these banks and speaking with them directly.
Headhunters are likely to be useless for summer internships and especially useless if you haven't worked in the industry before.
in all honesty, it's a little bit on the late side even for boutiques - i know quite a few people who had final rounds at the usual places over a month ago, but go for it you never know..
if what you are looking for is experience to position you for a FT offer somewhere else, it might be worth contact alumni working at smaller hedge funds or Asset Management shops also. if you come from a decent sized school there are bound to be a couple of alums in senior positions in small places where they can simply offer you an internship if they like you. it helps if you don't mind not getting paid. it sucks... but i know a sophomore at my school who got himself a MM merchant banking gig this way while juniors and seniors are going jobless. he's going to spend alot this summer but it's going to help in the long run.
good luck
Go to Vault's top 50 banks and apply to the ones you haven't to already. Also cold calling seems like a good idea.
how about something like wealth management at a BB so that your foot is in the door, and then try IBD for FT? i feel that it is pretty late for internships already, as this past week was the last week of interviews for everyone i know.
of course u can definitely get something good, by reaching out to people and doing something like GWM and making those networks.
goodluck
I don't think its late at all for boutiques/MM (anyone with experience care to comment?). I guess it'll depend on the MM, if you're talking Jefferies or Thomas Weisel then maybe, but I'm sure a bunch of no name boutiques are available.
They may not have formal internships so you should network in order to get have them make a spot for you. Maybe offer to work for free?
Getting an internship with a boutique (Originally Posted: 10/28/2011)
Hey, everyone.
So, first, I'll tell you a bit about myself.
I go to a total non-target, in NYC (a CUNY.)
I'm around 24 years of age. I started out at NCC. But my grades were shit (2.6 GPA)
I took a summer course in accounting - got an A. So decided to major in that.
Then I went on to a SUNY for one semester and did okay (3.8 there - 4 classes.) Went back another semester to NCC got a 4.0 there - 4 classes.
Now I'm in my third semester at the CUNY - pulling a 3.5 (I know, it's shit.) It's going to take me at least 4 more semesters to get a Bachelor's In Accounting.
There is a 4+1 program, which I will probably pursue(after I take my GMAT) - it's a CPA track. Which gets me a Master's and enough credits to take the test. After this I was planning to get a job in public accounting, then get an MBA, and then finally get into finance as an associate.
BUT I don't want to be an accountant. I'd like to get into finance - more specifically, Asset Management.
So, firstly, do I even stand a chance in that field? And you can be brutally honest.
Secondly, should I go for that extra year, and take the CPA? Or should I just nail the GMAT, and try to get into a solid business school for finance?
I'm leaning towards the latter, but everyone I know is suggesting go for the CPA first, then see what's good.
Sorry for the long post.
Wow, totally wrong title. I was originally going to post something regarding an internship. Sorry for the misleading title.
No point getting the cpa if youre not going to be an accountant.GMAT and biz school if you really want to go...but a 3.5 is fine. I got multiple ibd interviews with a 3.4-3.5. This was from ocr though
What year was this?
Sorry, I'm a total noob - what does ocr mean? (tried looking it up on google, couldn't find it.)
Anyway, the only reason I was considering the cpa is because it would cut off a year of school (and I'm already at an age where I should be working.) So, then it becomes - should I change my major to finance?
Although I have an associate's with the community college, and those extra credits from the other two semesters, the CUNY didn't recognize them all - hence, me taking another 3 semesters. Well, next semester I go into the "business school" part of the bachelors. And so, it's not to late to change my major.
Do you think it really matters what my major is from a non-target? Do you think I should still major in accounting, thus providing me with some knowledge in how to read financials and understand business from that perspective? I'm sure there are a few other concerns I'm leaving out, so feel free to just write whatever.
Also, do they really just count the gpa from the last 3 semesters? Or do they add everything up from all of the previous schools. I haven't done the math, but I'm sure I'm not a cumulative 3.5. Only because the associates was a 2.6. Do you think boutiques look into all of that? Or just want the current school stats.
Sorry about the long post again. And thanks for the replies.
Getting internships at boutiques (Originally Posted: 03/11/2008)
I am trying to get internships at Boutiques (NY), and I've been cold-calling but with very little success.
Many of them don't even have internship positions, and ones that do have done their hiring already.
What other options do I have?
I'm stuck in the same boat. Even with Penn's extensive alumni network -- and I've probably emailed over 100 alumni at nearly as many IB/PE/HF/VCs -- everybody either says they don't hire sophomores or don't take interns, period.
have you guys tried actually meeting up with them in person before straight away inquiring about positions in emails and phone calls. Face to face seems to be alot more effective then over the phone or by email.
Agreed.
Email to see if you can call them -> Impress them through the phone -> Set up in-person meeting. If you play it right, you won't even have to ask for a job. They will bring it up.
Currently batting 0/12 for summer 08.
This strategy will get you nowhere. In my experience with this type of deal, noone is just going to hand out an internship no matter how good your record is. You're going to have to fight hard for it. Here's how I landed a private equity internship my junior summer...
Always call them first
If you can't get past the secretary (ie so and so is in a "meeting" right now) call back the next day, and then the next day, and then the next day. DO NOT give them your contact details and wait for someone to call you back because it wont happen.
Call before noon
If they give you the "we dont do interns" spiel just outwardly lie and say that you saw a recruitment ad in your school's career website. No one really knows what the hell is going on at these firms and "we dont hire interns" is usually just their way of saying "I'm busy today, don't bother me". I can't tell you how many times this strategy worked for me.
The real trick is to be able to work for free; money will come later, this is an investment in your future
No one will give you the time of day unless you show uber persistence. You have to make these people notice you, which basically means the only way you can over-do it is by showing up to HQ waving a gun around. The very idea that someone is going to notice your email and take the time to lead you by the hand to your boutique internship is a fantasy.
But what should you say over the phone or during in-person meeting? Is there any specific topic that you need to bring up other than your interest in an internship position???
keep trying.. is my best advice to you. don't be afriad to look at regional banks as well, there is always a chance to interview FT at a MM/BB (after all any banking internship is better than none).
as for hinting for the summer internship...
tell them your interest, ask them about their path to banking, talk about why you want banking and why you are qualified as an analyst, tell them you are looking for a paid or unpaid internship
and cross your fingers
you have to give them a reason to want to help you, otherwise they won't go out of the way to do so!
0/12 is not that bad that would be ~8% chance which would be amazing if you ask me
as for the 0/100 person.. are you targeting the right firms? and fyi cold emailing isn't the best way to go. an email is EASY to ignore, a phone call is NOT. be persistant. you will get what you want if you want it bad enough!
If you are sophomores looking for internships, don't pigeon-hole yourself by looking for only internships in investment banking. Look for sales and trading, PWM and Asset Management or even corporate finance with a F500 will serve you well.
First, the advice to CALL rather than email is spot on. Although I personally reply to emails from anyone who cold-emails me, many of the busy senior people don't.
With phone calls you have to deal with gatekeepers... aka secretaries. Beyond just persistence, try calling before 8:30 AM or after 4:30 PM as senior people are often around before/after that but secretaries are not.
For the person who tried 100 banks: you are either targeting the wrong ones or are just sending out cold emails, which never really works well.
Face to face meeting is best, if that's impractical then definitely push for a phone call.
Offering to work for free is a great idea, they have tons of work that needs to get done and if you offer to do it for free you get a great-looking internship and they will like you because you were so cheap and effective.
More on networking your way into investment banking.
Overall persistence is the most important attribute, but you also have to be careful to approach them in the right way or you'll waste a lot of time. Face-to-face > Phone > Email.
Also, aside from just your alumni network, go after networks of any other organization you're in - a frat/sorority is always a good bet, as are student groups etc.
I agree that cold-calling is much more effective, but I think that emailing first is still a courtesy that should be observed when reaching out to an alumni or anyone else. If they don't respond after 1-2 emails, I say that it's fair game to just call them. That way, you can bring up the fact that you tried emailing them (which shows initiative) as well as possibly making them feel bad.
Also, practice cold calling firms that you aren't as interested in first, and ramp up to the more desirable ones as you get better. However it is pretty late in the year so you might not have time for that. Either way, listen to the other people on this thread, dosk17's blog and his advice are excellent. Best of luck.
Hmm, I always emailed as a courtesy first (to set up a phone call)...I was always under the impression that busy people didn't want to be unexpectedly bothered by students.
Also, face-to-face meetings are not very cheap/convenient considering I go to school in Philly...and I don't have always have a day to go to New York to meet someone who may or may not help me get an interview.
sometimes you just have to get lucky...even apply to local firms or small firms that don't necessarily have alumni. i'm a freshman, cold e-mailed about 30-40 boutique IBs/PE shops in the philly area, got quite a few responses at least...4 interviews, 2 offers.
Finding a boutique bank internship (Originally Posted: 01/24/2012)
I'm currently interning at UBS PWM and was wondering how I can leverage this into a boutique bank internship. Did you guys just cold email/call MM banks? I'm a freshman at a target.
bump
Boutique/MM Internship Search Advice (Originally Posted: 12/01/2013)
Hello all,
I'm a sophomore at a non-target but in a great location for banking in NYC (i can network/be in the city whenever I want to). I know I want to do IB this summer so am shooting to land a MM or boutique IB analyst gig at a bank no one's probably heard of (no shot for BB or elite boutique).
My question is what is the best way to network/cold call/cold email to get an internship like this. I've sent out formal emails to bankers at small firms that pretty much introduce myself and state my interest in interning for the bank this summer. The emails have my resume attached as well. I've sent out maybe like 50-60 of these emails and gotten a few leads I can pursue now (call next week with a banker).
Do you think this is an effective method? What other ways would you suggest? Do you think I should do informational interviews with bankers at small firms even though they already know I'm just trying to get an internship? My friend said I could be more direct with the bankers at smaller firms.
There are Excel spreadsheets on google somewhere with massive lists of IBs throughout the US. Find one and just contact firms. If you find very local small-time boutiques, just straight up ask if they are looking for interns. Try to intern during the school year. Flip that into a better boutique/MM for the summer. Reach out to those firms the same way and talk about the fact that while you are technically interning at an IB shop now, it is a very small shop and you want to learn more as a sophomore etc etc.
Finding MM/Boutique Internships (Originally Posted: 02/12/2008)
There have been several posts recently by undergrads who had no luck landing internships with BB through on-campus recruitment and the general response is to apply for internships with MM or boutiques.
However, how does one best go about finding these boutiques; especially identifying those with internship programs?
Briefly about me: 3.7 at Ivy, 1550+ SAT, solid EC's and Poli Sci major, but didn't get any interviews from the 6 big banks to which I applied.
I have since filled out several online applications for other banks such as Jefferies and Barclays who don't recruit on campus, but am under the impression that sending out blind applications through the general website yields no real consideration.
As it gets late in the game, I'm wondering how I can best go about securing any internship as a summer analyst.
Generally, the smaller the bank the more receptive they are to e-mails inquiring about internships. That's all I can add.
Or just pick up the phone and call them, duh
You might consider finding your local chapter of The Association for Corporate Growth, which often has members which are from MM and boutique IBs. I think their website is www.acg.org. Another great resource for jobs that aren't widely announced is www.career-accelerator.com. They charge you a nominal fee, but their product is great. I'm a satisfied customer. Lastly, begin to read The Deal if you can get your hands on it either online or through your school library. I hope this helps.
What else can I do at this point to get a internship at an investment banking boutique? (Originally Posted: 03/26/2016)
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Your template has numerous errors.
Dear [First name for Analyst/Associate, Mr. XYZ for VP/Director/MD],
My name is "_________". [Period not a comma] I am a sophomore studying ______________ at [no "the"] _______________ with an [remove "very high", sounds awkward] interest in pursuing a career in investment banking. [Remove the "I am specifically interested" sentence, also reads as awkward].
"to inquiry about" is a typo. Can't believe you blasted that many emails without realizing it should have been "to inquire about". Inquiry is a noun, inquire is the verb.
You also shouldn't be stating it in that direct fashion. It's a faux pas to ask for something directly when you haven't made a connection in person. You should say, "I was hoping I could get 15 minutes of your time to discuss your experiences at [firm X]. Do you have time on Tuesday or Wednesday morning next week?"
I found the template on a different thread on WSO so I mistakenly assumed there would be no errors. Just a really stupid mistake on my part. Thanks for correcting it.
First of all, you should definitely expand your search. As a sophomore, you don't need an IB position now. Anything decent in finance (i.e not PWM) should be fine. Target search funds, small PE and VC shops, mutual funds, asset managers, and other niche industries. As for finding a list of these firms, Google is your best bet.
Second of all, DO NOT ask for an internship in your cold email. Think about it from the perspective of whoever is reading the email. "Why would I even consider this kid I don't know for an internship position?" Ask to schedule a phone call or meet for coffee. After you establish a good relationship, then you can ask about an internship. I know you are fairly late in the game for finding an internship, but I know of people who only landed something at the end of May. Keep trying.
Finally, if all else fails, that position at the small retail bank should still help. Over the summer, you should network your ass off to get to a position where you will be competitive for IB.
I thought about not including my resume and asking for a phone call instead of an internship but I felt like that is something that should be done before winter break since building a relationship is more of a long term thing.
You already have an internship and multiple conferences/resume building experiences coming up. Get your resume together, take the internship you have, and start figuring out your "why IB" story for recruiting next year. Also, you should be asking for informational interviews and not internships. It's a slow process. If you start building relationships now, you'll be the first person on their list next year.
I am waiting for the start of summer to reach out to alumni in the elite boutiques, MM or BB firms in Chicago to start building relationships. I feel like it is too early to start asking alumni/connections for coffee or phone calls. I had a phone call with an alumni at HL around December and it felt like I wasted his time since I did not have much to talk about and I did not get much info about the recruiting process at that firm since it was too early for soph. Also, I did not have the greatest credentials to talk about, which I now have.
Show that your willing to go above and beyond. Maybe offer to do an unpaid internship.
Id suggest contacting any fin services organization like consulting, crop bank, insurance companies and anything related to fin
Guys, a quick follow-up on this thread. I got a call tomorrow with an MD at a local boutique shop. What questions should I expect? Why us, Why IB, tell me about yourself, past experience. Technicals? DCF? Do I need to review 3 statements? It's been a while since my last interview so I forgot a lot of them...
Is this an interview or just an informational one? If informational don't worry about the technicals
Nevermind
How to get an internship at a boutique (Originally Posted: 08/04/2017)
If you go to a top school but there isn't alumni in a boutique you're interested in, how should I go about networking? Should I just apply online or should I try to reach out to analysts?
Cold call them and ask if their is a internship program available
I'm talking about boutiques that are a bit larger than that. They have an application portal online it's just that none of the analysts go to my school. It's too early in the year to see if they will be posting on my school's career site
Boutique Internship - Any advice on getting an internship with a boutique? (Originally Posted: 03/21/2012)
I'm still looking for an internship and it seems that boutiques are my best bet. Does anyone have any advice on getting an internship with a boutique or a list of boutiques? Don't have any parameters just want a job.
Create Excel chart of list of boutiques. Phone numbers, e-mail, whether you have called/e-mailed already, whether you have received response and list any contacts you have at those firms. Linkedin contacts, family, family friends, friends (1st, 2nd, 3rd). When you e-mail boutiques make sure you customize e-mails, otherwise it will go unnoticed. When you write e-mails, keep it short, and also have a brief sentence of how you can contribute to the firm such as "I have skills in X, Y, Z". It's almost the end of March so make sure you send out a good amount of e-mails a day, at least 30. If you want to call, make sure you have a solid 30 second elevator pitch ready. Shark attitude. I don't know how useful you'll find this but check it out:
http://www.alumni.hbs.edu/careers/pitch/
Good luck.
don't give up is the best advice I can give.
It's better to invest your spring break / weekending partying than to be far behind all your peers looking for the same job.
How do I land an internship at a Boutique Investment Bank? (Originally Posted: 11/23/2012)
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I hope you realize there is a search button in this website. Really not trying to sound like a dick or anything, but ppl here kinda of expect you to do your own diligence on the topic before you decide to post about it. I typed in "boutique ib internship advice" and there are tons of posts that already exist for this topic. Next time, try to search a bit and ask more specific questions so more ppl are inclined to help you. Just my 2 cents.
i don't know. maybe you can start by taking your name off as your username.
Being Aggressive in Contacting a Boutique for SA App (Originally Posted: 09/01/2017)
Hey all,
Just got off the phone with an analyst at a boutique I'd like to work at. Yesterday, I reached out and successfully scheduled a future coffee meet with an MD at the same boutique. The call with the analyst was unfortunately a little bland and I'm kicking myself for not making the call more interactive, but s'all good. For those with experience networking with these smaller shops, how much aggression is too much? Should I wait for the meet with the MD before reaching out to more analysts if the superday deadline is soon?
Thanks, The Real Boss Baby
What do you mean the superday deadline is soon? If the boutique has already scheduled its superday, there is about a zero percent chance of you being included given that the boutique would have already conducted multiple rounds of interviews.
If this is a "no-name" boutique and not something like Evercore or Lazard, I would hold off on contacting more analysts. You run the risk of coming off as desperate if you're reaching out to too many analysts. I personally would wait until you have had the coffee meet with the MD. Make sure to ask the MD for references (e.g. "do you know anyone else at Bob's Boutique who might be willing to speak with me?"). Good luck.
Internships at boutique banks? (Originally Posted: 10/05/2009)
Hey, I'm a sophomore at a target interested in breaking into IB. I worked at a boutique PE firm in Asia last summer (got it through family connection). I've been checking out the internship programs on BB websites but realized that boutiques don't 'advertise' their internship opportunities? Sorry if this sounds really noobish, but how do people get internships at boutiques other than OCR? Also, when does boutique intern recruiting start?
Thanks! Matt
bump
again....does anyone have any insight on this?
Depends on the boutique. Many boutiques will have structured internship programs. Others will be less structures or flexible in their terms, but will post on their web sites as need arises (by flexible I mean some boutiques will hire interns looking to promote to FT upon graduation - since you are soph, however, that wouldn't really help you). Other boutiques post on efinancialcareers, Craigslist, school career sites, etc, as need arises. Finally, you can always go the cold calling route and attempt to write yourself into their firms.
Excluding these options, since you attend a Target, you can absolutely try to reach out to some alum who may work at boutiques and MM shops, get to know them, seek some advice, and then check to see if their firms are looking for interns, or if they happen to know of any smaller shops looking for interns.
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When is a good time to start reaching out to boutiques for a Fall internship? (Originally Posted: 03/25/2016)
The answer to "when should I start" for anything networking related is the same every time. Now.
When applying to SA for boutique firms... (Originally Posted: 02/01/2008)
A lot of the companies websites say to send a cover letter and resume to a certain email address or person.
What is the best way to do this?
1) Send a cover letter in the body of the email along with one attached and nicely formatted in a PDF document with your resume.
2) Write the cover letter within the email and just attach your resume.
I did #1.
how early do you have to start trying for the mm's and boutiques that don't recruit at your school if you're worried you might not get an offer?
my school is only in its early stages of recruitment so i can't tell how it will end up for me.
boutique SA apps (Originally Posted: 11/27/2010)
Hi All,
Can anyone hint me on how does the SA application process for boutiques work?
When are the deadlines?
Thanks
Depends on the boutique to be quite honest. Are we talking elite boutiques i.e. Lazard, Moelis or are we talking about 20 man or smaller shops? I know some of the MMs and elite boutiques had January application deadlines. For smaller banks everything is more flexible. I interviewed and received an offer midsummer last year at a small bank. Yes, midsummer, now that is atypical but really small banks don't tend to finish up until the spring.
References - Applying for Spring internship at small boutique (Originally Posted: 02/17/2011)
I am applying for a spring internship at a small boutique and they asked for two professional and two academic references. I gave them the contact information for two teachers and for my managers at my last two summer internships. However, my previous employer (a large manufacturing company) has a company policy of not giving professional references. I have heard that this is really common, but I am not sure. I was up front with the MD at the boutique I am applying to and told him about the company policy and told him that he can contact my past managers to confirm it. Is this a big deal? I sent this information to the MD a week ago and haven't heard anything back, should I send a follow up email or should I give it more time?
Should be fine, but send a follow up email. They tend to get lost in the jumble.
Thanks for the input.
"I gave them the contact information for two teachers and for my managers at my last two summer internships. However, my previous employer (a large manufacturing company) has a company policy of not giving professional references."
Do your teachers and managers know that they are supposed to be ref-ing for you? Sorry this wasn't actually clear. {edit} reason i ask is because i've always been told not to just list without asking them first.
Botique with no internships advertised (Originally Posted: 03/05/2013)
I'm at a non target and trying to get a local ib internship at a botique. Chicago has a lot of them but not many advertise internship opportunities. Should I cold call/email anyway or if its not advertised its probably not available?
Yes. But reach out to actual bankers as opposed to HR. Just talk to them about how to position yourself -- they'll pick up on the hint.
It is tough though because many of the smaller places simply have no need / don't know what to do with an intern.
Would you suggest I reply asking to chat even if they say they don't offer internships due to the size of their firm? And if nothing else I can get there advice, and potentially they could give me a lead to a different firm taking interns..?
Agree that you should reach out to actual bankers > HR
Loop Capital is a bow teek that is still hiring.
5X bonus if you're a minority.
I went to look at the site and was wondering that.
You could start by learning to spell boutique properly...
But yeah, many boutiques have a much more informal process, try and find a connection with someone in the firm and go from there
Hahaha and they started as a muni bond firm in Chicago... classic
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