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15 Apr 2011, 04:03
Kudos
Bookmarks
hi,
I was a Penn engineering grad with honors. and I have been working in an eastern european country (my home country) in a boutique M&A advisory firm for the last 2 years. I have contributed to 10 projects some of which are small projects 10-20 mn $ and some of them are large projects in billion dolar ranges.
I am starting at Stern in the fall and I want to know what it takes to get an internship at BB IB? should I wait one more year and start school then ? (but I dont want to take the reapplication risk even if I can also end up in a better school like Wharton or Booth)
I was a Penn engineering grad with honors. and I have been working in an eastern european country (my home country) in a boutique M&A advisory firm for the last 2 years. I have contributed to 10 projects some of which are small projects 10-20 mn $ and some of them are large projects in billion dolar ranges.
I am starting at Stern in the fall and I want to know what it takes to get an internship at BB IB? should I wait one more year and start school then ? (but I dont want to take the reapplication risk even if I can also end up in a better school like Wharton or Booth)
15 Apr 2011, 14:11
Kudos
Bookmarks
Stern has pretty good recruiting for i-banking, and it helps that the school is located directly in NYC.
Since you have some M&A experience, it should set up well for internships. Since you *do* have experience, you should be able to talk about the deals that you've worked on. The interviews for you will be slightly different than for someone who has no relevant experience. In many cases, however, the interviews are more 'fit'-based than technical.
Go to the info sessions/company presentations and leverage your network as much as possible. Associate recruiting (like analyst recruiting) is based a lot on who you know and who can ultimately push your resume to the interview pile.
Since you have some M&A experience, it should set up well for internships. Since you *do* have experience, you should be able to talk about the deals that you've worked on. The interviews for you will be slightly different than for someone who has no relevant experience. In many cases, however, the interviews are more 'fit'-based than technical.
Go to the info sessions/company presentations and leverage your network as much as possible. Associate recruiting (like analyst recruiting) is based a lot on who you know and who can ultimately push your resume to the interview pile.
16 Apr 2011, 11:51
Kudos
Bookmarks
Hey -
I take it you're Ukrainian, judging by the moniker. Not sure what boutique advises on $bn transactions over there, or even in Russia for that matter, but I guess that's irrelevant.
Stern is a good school, well connected with Wall Street. Don't wait a year to start school; with all the increased regulation and governments making investment banks the ultimate scape goat, banking is no longer the "glamorous" job it used to be some ten years back.
I think that given your background the bulges will most likely send you to CEEMEA teams where you'll be working on CIS "deals", i.e. you'll be a coverage banker. I'd advise against that if you want to learn something.
In terms of what it takes, a good resume, persistence and, to increase your chances, an insider...
I take it you're Ukrainian, judging by the moniker. Not sure what boutique advises on $bn transactions over there, or even in Russia for that matter, but I guess that's irrelevant.
Stern is a good school, well connected with Wall Street. Don't wait a year to start school; with all the increased regulation and governments making investment banks the ultimate scape goat, banking is no longer the "glamorous" job it used to be some ten years back.
I think that given your background the bulges will most likely send you to CEEMEA teams where you'll be working on CIS "deals", i.e. you'll be a coverage banker. I'd advise against that if you want to learn something.
In terms of what it takes, a good resume, persistence and, to increase your chances, an insider...
ua87
