A summer internship is the best way to break into investment banking
Why finance students without internship offers are behind the eight ball
If you are a finance student without a summer internship offer, you’re “behind the eight ball” according to an article by efinancialcareers.com.
For a prospective investment banker, this means that landing a summer internship as a Junior is even more important than it was even 10 years ago, when it was seen as an important resume builder, but not necessarily an automatic feeder into a full-time position.
Now, candidates who land a summer internship are far more likely to land a full-time position.
This effectively accelerates the recruiting process and means that candidates must be prepared for an ultra-competitive recruiting process Junior Year, rather than Senior Year. Click through for an interesting read about this from efinancialcareers.com:
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