***Official Summer 2012 & Off Cycle Internship Applications***

Discussion relating to internships and work experience in the Investment Banking and Consultancy sector.

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  1. isolba's Avatar
    • Junior Member
    • Location: London
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    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    How would you indicate that you intend to study for a Masters in 2013 on your CV without having anything concrete in place?
  2. Industrious Orca's Avatar
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    • Posts: 510
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by isolba)
    How would you indicate that you intend to study for a Masters in 2013 on your CV without having anything concrete in place?
    Most applications give you the option to add some information relevant to your application at the end, so i would put it there that i plan to pursue a masters. Otherwise i would call up HR and ask them where to put it. I wouldn't put it on my CV without asking HR first.
  3. lilys's Avatar
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    • Posts: 258
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by isolba)
    How would you indicate that you intend to study for a Masters in 2013 on your CV without having anything concrete in place?
    I may be wrong but I thought only confirmed Masters offers count - if not, any graduate could possibly say they were going to pursue further study just to get an internship normally reserved for penultimates and then say they 'changed their mind' or sth.
  4. yothi5's Avatar
    • Exalted and Worshipped Member
    • Location: London
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    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by lilys)
    I may be wrong but I thought only confirmed Masters offers count - if not, any graduate could possibly say they were going to pursue further study just to get an internship normally reserved for penultimates and then say they 'changed their mind' or sth.
    Correct
  5. Industrious Orca's Avatar
    • Adored and Respected Member
    • Posts: 510
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    I think that some banks accept summer internship applications from either final years, or those who are final years with the intent to study a masters. Some definitely only want penultimate year students.
  6. Brand New Eyes's Avatar
    • Overlord in Training
    • Location: Timbuktu
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    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    Is this thread for university students only?
  7. Tsunami2011's Avatar
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    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by Brand New Eyes)
    Is this thread for university students only?
    You can't do summer internships at the IBs unless you're at university, unless its a spot of nepotism. So the answer is yes.
  8. Brand New Eyes's Avatar
    • Overlord in Training
    • Location: Timbuktu
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    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by Tsunami2011)
    You can't do summer internships at the IBs unless you're at university, unless its a spot of nepotism. So the answer is yes.
    Hmm I heard of someone getting a week shadowing but I guess that's not really the same thing.

    Thanks for the clarification :getmecoat: but... you're pre-uni too aren't you?
  9. bluenose53's Avatar
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    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by yothi5)
    Correct
    Not correct. Since when are masters places confirmed in September/October the year before... Oxfords 1st deadline isnt until Mid October, and the 1st people were getting LSE offers around Early December, with the majority after the new year. Other places (non top schools), you can apply even in the summer, a few months before starting.

    I just put down what was my 1st choice of masters study or location, or (where permitted) listed what I was applying for. I had internship offers and non of them have followed up for proof or confirmation of study, other than the odd passing question in an interview.
    Last edited by bluenose53; 16-04-2012 at 00:59. Reason: ..
  10. Pretence's Avatar
    • Exalted Member
    • Posts: 372
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by Tsunami2011)
    You can't do summer internships at the IBs unless you're at university, unless its a spot of nepotism. So the answer is yes.
    that is incorrect.. if u look hard enough you will find a few banks that offer pre uni students paid summer internships in front office divisions.
  11. isolba's Avatar
    • Junior Member
    • Location: London
    • Posts: 47
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    Is there still much money to be made in a career as a Trader?

    What are your views?
  12. Raditz's Avatar
    • Full Member
    • Posts: 76
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by isolba)
    Is there still much money to be made in a career as a Trader?

    What are your views?
    A trader in a hedge fund; proprietary firm; investment bank? What asset classes? Extremely broad question.
  13. Haz313's Avatar
    • Overlord in Training
    • Location: London
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by Raditz)
    A trader in a hedge fund; proprietary firm; investment bank? What asset classes? Extremely broad question.

    This.


    Also define 'much money'.
  14. uni-mon's Avatar
    • Respected Member
    • Posts: 151
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by Haz313)
    This.


    Also define 'much money'.
    Also define 'This'.

    Useless post.
  15. stevenjohnh's Avatar
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    • Location: Bristol
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    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by isolba)
    Is there still much money to be made in a career as a Trader?

    What are your views?
    I hear business at spitalfields is booming, so yes.
  16. isolba's Avatar
    • Junior Member
    • Location: London
    • Posts: 47
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by Raditz)
    A trader in a hedge fund; proprietary firm; investment bank? What asset classes? Extremely broad question.
    (Original post by Haz313)
    This.


    Also define 'much money'.
    (Original post by uni-mon)
    Also define 'This'.

    Useless post.
    (Original post by stevenjohnh)
    I hear business at spitalfields is booming, so yes.
    Bearing in mind that most Investment Banks have either, already closed proprietary desks, or are in the process of winding down their proprietary desks, in conjunction with the Dod-Frank Act enforcing Traders to have salaries based on their spreads and no longer their P&L, do you think Traders will still be pocketing big bonuses?

    Or does flow trading still reap big bonuses?

    (Please consider an Investment Bank as the domain i.e Traders in an investment Bank, big bonuses relative to peers e.g compared to an M&A guy)

    If you can give me some rough figures- mean average, mode, upper/lower extreme- please do.

    Thanks in advance.
  17. bluenose53's Avatar
    • Adored and Respected Member
    • Posts: 426
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by stevenjohnh)
    I hear business at spitalfields is booming, so yes.
    Original. Never seen that joke on the TSR before
  18. St.Hermans's Avatar
    • New Member
    • Posts: 2
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    Did anyone get into DB for the summer? I have just had my interviews last week and waiting for results now. Was wondering other people already receive feedback?
  19. Haz313's Avatar
    • Overlord in Training
    • Location: London
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    (Original post by St.Hermans)
    Did anyone get into DB for the summer? I have just had my interviews last week and waiting for results now. Was wondering other people already receive feedback?
    Surprised they're still interviewing. Which division?
  20. St.Hermans's Avatar
    • New Member
    • Posts: 2
    Re: ***Official Summer 2012 & Off Cycle Internship Applications***
    Corporate Finance... (CIB)
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