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How to make money this summer
- Thread starter TheDon
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SwedishFish
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It's too late to apply for paid internships, but I can verify that they often pay very handsomely. I had two of them in college (both with Fortune 50 corporations) and each paid more than $10,000 for 11 weeks. One actually paid close to $15k.
Connemara
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It's too late to apply for paid internships, but I can verify that they often pay very handsomely. I had two of them in college (both with Fortune 50 corporations) and each paid more than $10,000 for 11 weeks. One actually paid close to $15k.Originally Posted by SwedishFish
WTF? What profession are we talking about?
SwedishFish
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Finance and energy.
Basically: most Fortune 100 companies apply one internship salary rate across the board, which means you will earn the same regardless of what work you do. The finance internship I had was pure **** in terms of the work, but I still got paid the same as the m&a interns in the company. The energy one was much better but the same applies: as a social scientist I earned the same as the engineering students even though I was doing work that was outside the company's revenue generating operations.
Basically: most Fortune 100 companies apply one internship salary rate across the board, which means you will earn the same regardless of what work you do. The finance internship I had was pure **** in terms of the work, but I still got paid the same as the m&a interns in the company. The energy one was much better but the same applies: as a social scientist I earned the same as the engineering students even though I was doing work that was outside the company's revenue generating operations.
MetroStyles
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I think I spent the $10,000 I made from my banking internship on taxis, blow, and alcohol. And foods. And suits. And shirts. And alcohol and blow. I was left with about $1500 when I finished.
SwedishFish
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I think I spent the $10,000 I made from my banking internship on taxis, blow, and alcohol. And foods. And suits. And shirts. And alcohol and blow. I was left with about $1500 when I finished.Originally Posted by MetroStyles
So you really bought into the Wall St. lifestyle
kwilkinson
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Life must have really sucked for you. 10k in less than three months. It's a rough way to live.
MetroStyles
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So you really bought into the Wall St. lifestyleOriginally Posted by SwedishFish
I was being facetious. Although I did spend all my money on taxis because I literally could not get myself to take the subway and waste an extra 30 minutes of my life when I was already working 80-100 hour weeks.
kwilkinson
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I was being facetious. Although I did spend all my money on taxis because I literally could not get myself to take the subway and waste an extra 30 minutes of my life when I was already working 80-100 hour weeks.Originally Posted by MetroStyles
MS, you're a fuckin baller, son.
MetroStyles
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MS, you're a fuckin baller, son.Originally Posted by kwilkinson
Totally. Slaving away for a faceless corporation for a "good name" on your resume = xxxtreme ballin' points.
kwilkinson
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Totally. Slaving away for a faceless corporation for a "good name" on your resume = xxxtreme ballin' points.Originally Posted by MetroStyles
Then I guess I'm a balla too.
Except mine doesn't even pay enough for cab fare.
SwedishFish
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Totally. Slaving away for a faceless corporation for a "good name" on your resume = xxxtreme ballin' points.Originally Posted by MetroStyles
I don't know where you worked, but when I last revised my resume I definitely downplayed my finance internship due to the recent public resentment of the industry. Since I only did the internship for resume crafting purposes (never even wanted to go into finance), I kind of feel it was a waste of time. Had it not been for the $$$, it would undoubtedly have been a waste of time.
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