Thursday, May 9, 2019

Interested in a Career in Finance?

Interested in a career in finance? Recruiting has started for Summer 2020 Finance Internships. Continue reading for information on the application process as well as tips for getting the most out of your summer internship and how to maximize your summer job search.​

Summer 2020 Recruitment Has Started!
Some firms, including Goldman Sachs and Morgan Stanley, will be recruiting for 2020 roles this summer. Mark your calendar with these important dates, and apply early as applications are reviewed on a rolling basis!

Goldman Sachs: Applications for 2020 Summer Analysts open on July 1.
​​Morgan Stanley: Applications are open now, with some due in early July. Review their 2020 recruiting process and scope out your positions of interest.

Tips for Getting the Most Out of Your Summer Internship
If you are interning this summer, here are some tips on getting the most out of your experience and securing offer to return:
  • Be on time and be organized.
  • Ask good questions to appropriate people. Take notes and make sure you understand what you have to do.
  • Take ownership of your work product. Make it is the best that it can be and solicit advice from colleagues when appropriate.
  • Do your research. Read through investor presentations, company statement filings and any relevant company materials. During earnings season, take note of what sectors are doing well, which are not, and any news that might be relevant to your role or desk.
  • Have a keen attention to detail. Don’t make spelling, grammar or editing mistakes. Triple check your work. A helpful tip is to print materials out and review them as it is easier to catch mistakes on paper than on a screen. If you do make a mistake then take ownership and don’t make the same mistake again.
  • Network with people at the firm, whether they are in your division or not. You should constantly be meeting new people and learning from them. If you happen to be in NYC or another metropolitan area, take advantage and schedule coffee chats or attend networking events.
How to Maximize Your Summer Job Search
Here are some tips on how to maximize your summer and prime yourself to be a top candidate:
  • NetworkMost finance ​job application timelines will begin kicking off in the summer. In order to maximize your chances of interviews you should be networking with people in the firm now by:
    • Reaching out to alumni at firms of interest for informational interviews to learn about the firm and the alum's particular role.
    • If the ​informational interview go​es​ well, ask if they can connect you with other alums at the organization or colleagues in their group.
  • When You Apply
    If you feel you have a good relationship with a contact at the firm, shoot them an email to let them know when you’ve applied.
  • Stay Current
    Keep up to date with the market, trends, and the economics landscape. It will be much easier for you to prep for interviews if you already know what is going on versus having to start from scratch in a short period of time.
Content adapted from Wall Street Wednesday.