Would you take this internship?

BankMonkey21's picture
Rank: Orangutan | 333

What are your thoughts on an internship at a Financing and financial services company such as GE Capital or CIT working in their corporate finance or Trade Finance groups?

Would this be a good way to start your career?

Is it good leverage to intern at a better place next year?

CIT has a healthcare IB group- thoughts?

Typical compensation for a FT corpfin or trade finance role?

Thanks?

Comments (14)

Mar 29, 2011

GE's FMP is really good. Best non-IB internship you can do to get into IB later on.

Mar 29, 2011

Why the fuck would I take that when I can get a BB job? Are you a pre-frosh or something?

Mar 29, 2011
ekudfoekud:

Why the fuck would I take that when I can get a BB job? Are you a pre-frosh or something?

Non-target sophmore

I Got a dollar and a dream...

Mar 29, 2011
BankMonkey21:
ekudfoekud:

Why the fuck would I take that when I can get a BB job? Are you a pre-frosh or something?

Non-target sophmore

He's a dumb troll. Just let him be. The ge program is awesome-definitely
Look into it

Mar 29, 2011
ekudfoekud:

Why the fuck would I take that when I can get a BB job? Are you a pre-frosh or something?

Why such a hostile reply? Chill out bro. If it's GE's FMP internship, that's one of the best finance gigs you can get. WSO has Bulge Bracket tunnel vision though, so don't expect many helpful responses. Great job in and of itself, and provides great leverage into IB/Consulting. Some major consulting firms give 2X the bonus to former FMPs.

Mar 29, 2011
Better.Than.You:
ekudfoekud:

Why the fuck would I take that when I can get a BB job? Are you a pre-frosh or something?

Why such a hostile reply? Chill out bro. If it's GE's FMP internship, that's one of the best finance gigs you can get. WSO has Bulge Bracket tunnel vision though, so don't expect many helpful responses. Great job in and of itself, and provides great leverage into IB/Consulting. Some major consulting firms give 2X the bonus to former FMPs.

I like your name, but it's false advertising.

Mar 29, 2011

Think long and hard about an investment banking job. What are your long term goals. Some IB jobs are tolerable some are not. If it's only an internship then go for it and see if you like the life. It only gets worse from there.

Mar 29, 2011

I enjoy finance and Im not scared to outwork whoever. Im ready for the lifestyle I just wanna know how it will look for next year on my resume. The recruiter mentioned great exposure to sreadsheets,balance statements underwriting. As far as goals I just wanna work in high finance HF,PE,VC,RE, or staying in IB are all ok with me

I Got a dollar and a dream...

Mar 29, 2011

Is GE FMP really that coveted? I know a few people that are going there full time after graduation but I considered it more of a fall back to front-office roles at BB/Boutiques.

Mar 29, 2011

Is the Trade Finance at CIT? Or somewhere different?

Mar 29, 2011

Yea

I Got a dollar and a dream...

Mar 29, 2011

I don't know much about CIT but Trade Finance is booming, especially in Asia and LatAm.

However, if you are 100% set on IBD you should probably take the FMP internship because of the prestige/brand associated with it

Mar 30, 2011
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I Got a dollar and a dream...