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Summer Internships

post #1 of 9
Thread Starter 
As a first-year university student, I am looking for summer internship possibilities. My main focus has been looking at good investment banks, but many are looking for 2nd year students and above. Does anyone know of any places where a first-year can apply to, or am I doomed to either working on some cornfield or being lazy and drinking beer for the whole of summer?

I have work experience from my family's company, but would like to take it up a step now to firms that are recognized and reputable across the globe.
post #2 of 9
It's a lot more difficult to find something good as a first year, but universities usually have a whole office dedicated to experiential learning, co-ops, internships etc etc. Just talk to an advisor from there and see if they can somehow find something.
post #3 of 9
try research or volunteering.

amnesty international / china education initiative often offer summer internships if you inquire. and you will be getting some great leadership experience as a resume builder for next year.
post #4 of 9
Thread Starter 
I am picky and in this situation I should not have any reason to be but I really don't feel inspired working in some NGO or other hipster organization for the summer. I guess cold-calling is the only way.
post #5 of 9
Quote:
Originally Posted by makker View Post
I am picky and in this situation I should not have any reason to be but I really don't feel inspired working in some NGO or other hipster organization for the summer.

I guess cold-calling is the only way.

All cold-calling will get you is a filing / coffee grabbing job. That's not going to help you a lot - your colleagues will see you as the coffee bitch (not the junior banker), and recruiters see right through those roles on your resume (because the "recruiters" in banking and consulting are typically your bosses).

The only thing you should be thinking about if you're a first year is getting something on your resume that either (but preferably both) 1) Positions you well for future opportunities and 2) Teaches you something you didn't know about yourself.

On the first point, recruiters are going to want to know what you've done with your summers in University. If you did nothing, that's a big warning sign and you'll have a hard time getting what you want next summer or full-time when you graduate. If you wait tables or pick another blue-collar position, that gets a lot of credit. If you volunteer (and that doesn't mean working for free at the library, it means making a real impact you can talk about), that gets a lot of credit too. You might also consider starting a business over the summer; anything from web design to house painting. Both volunteering or starting a business are probably more impressive than working at a bank getting coffee for the VPs, but even that is better than nothing. You can also try a study abroad program.

On the second point, things like volunteering and starting a business can be huge learning opportunities that will serve you well going forward.

This is your first summer and it's an investment. You should come out of it having learned something and having something on your resume that shows you have drive and initiative.
post #6 of 9
I disagree, getting coffee for the VPs will be much more helpful on your resume if you plan to work in banking.

if the big firms wont take you on, see if the small firms will.
post #7 of 9
Quote:
Originally Posted by makker View Post
As a first-year university student, I am looking for summer internship possibilities. My main focus has been looking at good investment banks, but many are looking for 2nd year students and above. Does anyone know of any places where a first-year can apply to, or am I doomed to either working on some cornfield or being lazy and drinking beer for the whole of summer?

I have work experience from my family's company, but would like to take it up a step now to firms that are recognized and reputable across the globe.

Start looking for unpaid internships anywhere that will build decent experience you can leverage for your second year. Start cold calling local financial advisors, law firms. Talk to your career advisors for suggestions. Check with your alumni - just introduce yourself via email and start asking career questions. It'd inevitably lead to a conversation about advice on gaining experience.
post #8 of 9
I'm also a first year and have an offer for a paid internship at the yale physics, should I take that? Even though I am a math/econ major that's looking to go into investment banking or something along those lines later on. It's a damn nice offer but if it won't help I might look elsewhere. I can't see much better stuff for a first year uni student.
post #9 of 9
Quote:
Originally Posted by dave333 View Post
I'm also a first year and have an offer for a paid internship at the yale physics, should I take that? Even though I am a math/econ major that's looking to go into investment banking or something along those lines later on. It's a damn nice offer but if it won't help I might look elsewhere. I can't see much better stuff for a first year uni student.

That sounds pretty good for a first year. On the plus side you'll be close enough to NYC that you can head down often for networking with alumni for example...
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