PWM Intership -- Freshman Year

icheetah90
Fri, 02 Aug 2013 23:00:58 +0000

I agree with mhmm. The experience that counts is the summer of your jr year and the name of your school, your GPA are important, in finance.



I think this was true 5 years ago and back during my underclassmen years, but SA recruiting competition has certainly intensified since then. More and more kids each year are coming into colleges determined that they want IBD (even if they don’t even have the first clue in distinguishing DCM and ECM), and many are doing ER/AM/HF/VC internships as freshman/sophomore in attempt to stay ahead of the herd.

I would try to avoid the Merrill Lynch internships as those tend to be the least structured PWM programs out there and will teach you nothing about financial markets or asset management. Also, it’s important to be proactive, try asking for relevant work if you have nothing to do. Even if its just an academic exercise, it’s will still teach you something and it can be a valuable bullet point on your resume.