Graduate applying for internships?

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  1. NB87's Avatar
    • New Member
    • Posts: 4
    Graduate applying for internships?
    Hi,

    I graduated a year ago and was unable to secure a grad role for this year. My question is this: I've graduated with a first, and really want to secure myself a grad role on a Trading programme. However, many banks fill the majority of their positions from the intern class from the year before, so is it advisable for me to now apply for internships rather than grad roles? Granted, by the time I start the internship, I will have been graduated for 2 years, but that might be a necessary thing for me to have to do.

    Is it frowned upon from recruitment if someone if my position applies for internships, or are their specific banks out there that have no issue with this? Any advice on what I should do in this situation would be greatly appreciated.

    Thanks in advance!
  2. effofex's Avatar
    • TSR Demigod
    • Location: Noord Holland
    • Posts: 6,067
    Re: Graduate applying for internships?
    Some places may consider you, but most expect that you are at least registered at another university for a masters/postgraduate qualification.

    You are right about the scarcity of graduate roles - most will be filled by interns, and in some cases (particularly for pure trading positions) there may be no hiring at all externally at the graduate level at some banks.

    Your best bet (supposing you do not intend to study for a masters etc. to give you another realistic shot) is to contact people directly in the business who you can find on LinkedIn etc. and send them over your details. The European banks who often have long-term interns (6+ months) such as BNP, SocGen etc. will be more open to this.
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