<p>even a middle market internship will be hard to find for a freshman, and “settling” on PWM is not really a realistic back-up for a freshman, especially since there are several sophmores and juniors from non-targets that apply to those. as long as you do something it is fine. it doesnt even need to be finance related. just something thats shows you can work in an office setting with other people and can handle responsilbity. most of the freshmen who do get internships freshman year have a hookup, but as long as you have a good gpa you could probably find something like an administrative assistant type internship at a firm.</p>