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Career/Major Advice for an Undergrad Junior

Discussion in 'Business, Careers & Education' started by pseudonym, Sep 3, 2011.

  1. pseudonym

    pseudonym Senior member

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    Unfortunately, the fashion internship keeps me sane. I want to see how this bank internship pans out first before I make a decision.

    I know it's a lot, but I feel I need the challenge. I've been way too complacent and stagnant these past few semesters in terms of actually being motivated.

    This new schedule will make me appreciate things a lot more. Of course, you can count on me to rant in this thread.

    PS - I've been looking a lot into Human Capital Management/Succession Planning and I am a bit disheartened at the fact that very few of these banks I'm applying to have HR summer internships (paid, that is). To my knowledge, Morgan has one (https://www.morganstanley.com/about/careers/pdf/SA_HR_AP.pdf), but beyond that, nothing is showing up in my research.

    That brings up the next question: How does one exactly break into HCM?
     
    Last edited: Jan 6, 2012
  2. Joffrey

    Joffrey Senior member

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    No clue. I really know little about the field. May be a good time to ask career services at your school then hit up any alumni that work in HR/Succession Planning/Executive Search.
     
    Last edited: Jan 6, 2012
  3. pseudonym

    pseudonym Senior member

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    Bank internship is going alright; I'm doing basic b*tchwork and it's incredibly boring and sleep-inducing.

    My family connection I mentioned earlier in this topic just told me he may have an opening starting now until the summer. He asked me what my hours look like.

    Damn it, this is the worst time he could've told me. I'm not exactly under strict contract with my current bank, but my family connection works in energy trading, which is much more eye-catching than my current internship.

    What should I do?
     
  4. CYstyle

    CYstyle Senior member

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    What specifically are you doing in your bank internship? What do you see yourself doing? I mean if your cold calling people all day for an advisor, i'd quit that and do the trading.
     
  5. Joffrey

    Joffrey Senior member

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    Most internships are bitch work. Tell the internship that you want to be challenged more otherwise you will have to pursue other opportunities. Tell the family connection your current situation but give him hours you could work in the event you don't have the other commitment. Then see how the bank internship responds.
     
  6. pseudonym

    pseudonym Senior member

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    ^ I updated my family/friends about the situation and they all agreed that the current bank internship is doing nothing to help my resume/experience.

    My friends have done this current bank internship and the overall consensus is that it's strictly cold-calling and nothing beyond that for 3+ months.

    I already told my family connect that I can work 2 full days. I'm waiting for his response.
     
  7. Arthur PE

    Arthur PE Senior member

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    grifted and modified from the classic movie 'The Graduate', one word: engineering

    Do a dual major, engineering and whatever else you want, finance, biology, business, etc. It's a highly technical world, regardless of profession: finance, medicine, law, etc.

    -you can always use it as a fall back and find work
    -it will open many doors in companies into other areas: management, finance, sales
    -it will teach you to think in a logical and a problem solving oriented manner, with a great grasp on order of magnitude and what resources it takes to accomplish tasks

    Scenario: 2 people walking into a job interview right out of the same school, all else being equal, one with a business degree, the other with a joint degree, say industrial engineering and business, who would have the better odds?

    Just some food for thought.
     
  8. spark032207

    spark032207 Member

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    Sorry to revive an old thread, but I had to say this to the OP. I don't understand why you'd be putting so much hours into a finance internship and focusing solely on finance for this summer if you are not at all passionate about the topic. I just don't get it. Especially given the brutal hours, I would bet that you'll be miserable even if you were to get an internship at GS or JPM--people who live and breathe finance get bored and burned out.

    If you're interested in fashion but want something that pays a nice salary, take a look at Fortune 500 companies that are in any way fashion related. There are plenty of business/finance/ops. analyst intern positions at these companies. They don't pay banking salary, but they pay relatively well. (If you're curious about how much they pay, just go to Glassdoor and search) And unless you burn the building down, they'll probably give you a full time offer with a decent salary most graduating seniors would be more than satisfied with.

    Once again, I would strongly advise against your continuing on in finance. I have seen way too many friends of mine just be miserable.
     
    Last edited: Feb 16, 2012
  9. Joffrey

    Joffrey Senior member

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    A lot of fashion related fortune 500 companies would hire someone with a finance degree...
     
  10. pseudonym

    pseudonym Senior member

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    Wow, this was a while back. I guess it's only right to give an update.

    I'm currently interning at a semi-BB, although not in the exact division I want. I'm enjoying the experience so far. I want to find a medium between both and although IBD (read: FO role) is the goal, I'm still pushing.

    And yes, last semester was hectic, keeping up with 5 courses and 2 internships. But I made it work and surprisingly, I actually boosted my GPA. Maybe I'm not wrong about this Finance major at all. I don't get a hard-on reading the WSJ/markets, but I don't mind it at all.

    Read: I'm still trying to find out what I want to do. The best situation would be: doing both finance and fashion work + making a decent NYC salary. As these past few months have shown me, I like being busy and can deal with the hours, so long as I don't mind the work/find somewhat of an interest in it.
     
  11. pseudonym

    pseudonym Senior member

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    To add - Pushing for a fall internship (hopefully in IB). Senior year is going to be busy all around.
     
  12. Dashaansafin

    Dashaansafin Senior member

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  13. pseudonym

    pseudonym Senior member

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    Wow, one month flew by really quickly.

    Just finished my summer internship in MO. Great experience, people, and culture. I really enjoyed it, but at this point, I'm not sure if my work experience would get me into IB. There's a certain stigma to being in MO and I'm sure many of you know what I'm getting at.

    Currently reaching out to all of my connections as well as meeting people.

    Any tips/advice for the upcoming recruiting season would be helpful. Thanks a lot.
     
  14. Joffrey

    Joffrey Senior member

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    Mind telling us what MO is?
     
  15. bringusingoodale

    bringusingoodale Senior member

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  16. bapelolol

    bapelolol Senior member

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  17. pseudonym

    pseudonym Senior member

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    ^ Correct.

    Back at the fashion/clothing internship. Navigating through FT recruiting right now.
     
  18. pseudonym

    pseudonym Senior member

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    Juggling interviews, a full course workload, and internships.

    Just received a return offer from my SA gig; in this economy, I can't really turn it down. 60k + 10k signing bonus. Most likely will sign and keep interviewing in the interim.
     
  19. Joffrey

    Joffrey Senior member

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    Congratulations on the offer! Good luck with other interviews.
     
  20. stevent

    stevent Senior member

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    Congrats! That's a solid offer. If you're pretty happy with the company and work then good decision! Kinda wish I took a higher paying job now as I'm pretty limited in what I can spend if I don't have time to trade
     

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