Where to apply for Houlihan Lokey internships? (And my current potential) Thanks so much I appreciate it.

Hey I'm really interested in working for HL especially in their M&A sector (but I'll work for any bulge bracket or MM, in this industry you can't be very picky), I'm a rising sophomore who is going to being in a back office analyst position in the fall for MS (studied during the summer), and I was wondering where should I apply for internships at HL, I can't find anything on their site, besides just putting my resume in their database, I have no idea on where to apply. Do they do internships for individuals that will be becoming juniors or do they only do the usual summer analyst program before your senior year, and how would you apply for that. Also what do you recommend to do for making myself seem more marketable I currently attend a non-target business school with a double major in econ/finance, with a overall cumulative average of a 3.7+ with a major gpa of a 4.0, I am a president of the stock and investment program of the school, and also have other very strong extra curriculars. I have another internship at a financial planning firm a year ago and plan on hopefully having a internship this upcoming summer hopefully (very wishful thinking) in the front office of a middle market firm. What should I do, I go to a non-target we are top 50 but barely. Thanks again and I really appreciate.

 

if you went through the website, you would see that there is a section posted by the whores from hr stating not to contact anyone in the firm with regards to recruiting. i want to work there and have a lot of alum there, but all they can do is forward my application to campus recruiting. supposedly if this happens, your application will be viewed upon negatively. just apply online and cross your fingers. i dont give a fuck really, so i am going to reach out to the alum anyways. they can suck my shlong if campus recruiting views it negatively.

 

Culture, benefits, leaders in their sector, growth, and specific sectors besides M&A is their M&T (Media & Telecommunications) department really interests me, the work they do their interests me and I like how it is often more easy to get connected with other people in the firm which is something that is scarce in this industry. They have always been a firm I've wanted to work for and I could see myself thriving there, the hours wouldn't bother me in the least bit.

 
Best Response

I can provide some insight. For disclosure, I do not work in HL’s Corp Fin group, but I do have good friends there, and I was also part of their recruitment process. Like most boutiques, almost 100% of HL’s intern class comes from on-campus recruiting at a select number of target schools. Houlihan also differs in that it largely targets schools with undergraduate finance programs (no HYP, and only a few Columbia). Of the very few interns from non-targets, I would wager that 100% had (wealthy) parents who were connected to the firm or had worked with the firm in some capacity.

Yes, don’t contact the senior officers unless you have any personal connections to them, and that should be the case for most of the firms you approach. The emails on that list on HL’s website aren’t just MD’s - they are senior MD’s or officers who head other MD’s within their department. Those emails are probably posted primarily for business inquiries.

From what I know, the culture at HL is very flexible and independent; on the downside no one is going to hold your hand either, hence the preference of undergraduate finance majors. Like other boutiques, comp tends to be above average and face time is not emphasized. The pride of the firm is the balanced business model. From what I know from my friends at Laz/HL/Evercore RX deal flow is pretty dead, but Corpfin and FAS hold up revenues during these times, and vice versa when interest rates go up or the economy sours.

What it comes down to is this – you have to be realistic about your chances here. Getting the interview will be impossible without connections. The interviews themselves are brutally technical - your M&I guide isn’t going to cut it and you should probably teach yourself how to model from scratch.

Words of advice: 1. If you parents have connections, use them. 2. Contact your alumni if you have any (analyst through VP) – these guys are the most involved in the recruiting process anyways. Further, non-target alumni are probably dying to bring some diversity in since they don’t have the opportunity to recruit from their own schools. An email might just give them the excuse they need to give some of their fellow classmates a chance.
3. If I remember correctly, the staffer was in M&A and from what I've seen and heard about him, he’s a really nice guy. 4. I just looked through my career center – there are a lot of job postings from HL in the corp fin group, but unfortunately, it seems like they are only seeking experienced hires on the site. 5. If you’re a female, your chances are exponentially better. Boutiques often have a lot of difficulty attracting female talent.

Good luck.

 

Well that's what I figured and I think I'm pretty much screwed because I don't think we have any alumni at houlihan lokey, we have a bunch of co/md at GS, MS, JP, and middlearkets such as BNP Paribas and UBS, but can't find anyone at Houlihan Lokey, should I just write off HL I'm looking at transferring but I'm going to be a junior and I don't have have two of the required courses to apply to Cornell, so what should I do, I'm really interested in HL (and all the names above and many others) one if my top 3 is HL and I don't think it's gonna happen, so what should I do, the reason I say Cornell is because it's probably one of the ivies that I have a semi-Shot at getting into (7 family member legacy) so what do you think I should do (repeating my self, lol) thanks again.

 

Why are you interested in their M&A over Rx? Not saying you shouldn't be, but they are known very well for their Rx.

People demand freedom of speech as a compensation for freedom of thought which they seldom use.
 

he looks like he changes his mind on a whim - don't throw out curveballs like this wow u jus ruined his entire recruiting process

"so i herd u liek mudkipz" - sum kid "I'd watergun the **** outta that." - Kassad
 

You are in college, I wouldn't pin your hopes to one firm like that. Things are never as straight forward as they seem.

Edit: one group of one firm

People demand freedom of speech as a compensation for freedom of thought which they seldom use.
 
Anihilist:

Why are you interested in their M&A over Rx? Not saying you shouldn't be, but they are known very well for their Rx.

I'll pre-preemptively answer this. The question should be the other way around: Why RX and not M&A? RX is a very niche space whereas M&A is the staple of investment banking. Prestige is way over emphasized on these forums and no one will really give two shits for the years that you will be working there. On the other hand, if you don’t have an interest for what you’re doing, it’s going to be a miserable experience and no amount of prestige-whoring is going to give you any consolation (how many non-finance majors have even heard of HL?). Plus, as mentioned before, RX dealfow is currently dead, and everyone’s just praying that interest rates are going to spur more defaults. More disasters in Europe would probably help as well.

 

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People demand freedom of speech as a compensation for freedom of thought which they seldom use.

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