pinkleopard558
Badges: 9
Rep:
?
#1
Report Thread starter 1 month ago
#1
Soo basically, I'm in my first year at a target uni and didnt manage to get any uni society positions(ok, I'm not exactly a Finance pro rn, but I still got rejd from every single finance related society position I applied for, whether related to actual technicals or stuff like an events officer).....also feel like I'm not gonna get any Spring Weeks at this point(though I have applied to 10 so far and will apply to around 7 more) and dont rlly have prior experience in Finance/any insight days either. So basically, the only activity I'm doing at uni rn is a competitive sport(which I also used to play at a pretty high level when I was younger).

Does anyone maybe have any suggestions about what I can do to at least stand someee shot for getting summer internship interviews next year? Like any activities which could show special interest for IBD positions I could do on my own?......also, considering my A level equivalents were a complete disaster w this Corona system(was previously achieving around the equivalent of A*AA at school but very unexpectedly only ended up w the ABB equivalent), I was wondering whether it is even worth giving it a shot for FO penultimate internships next year at this point or whether it would be wiser to explore other options such as adding an industrial placement/a masters?

Plus, I know that not studying and neglecting uni work is like the worst, most counter productive thing I could be doing rn, but I literally cannot get myself to study properly at all atm partly cuz I'm so freaked abt not getting any good internships ever....

Any suggestions abt any things I could do at all to make this any better or strengthen my profile for internships next year would be great!!!Thxx:-)
Last edited by pinkleopard558; 1 week ago
1
reply
tam_robert
Badges: 7
Rep:
?
#2
Report 1 month ago
#2
To show that you have an interest in finance, do a course called The complete investment banking course on udemy it’s currently £9.99 because of the Black Friday sales. It should give you an edge when applying for summer internships if you don’t have a spring week on your CV.
1
reply
desuuu
Badges: 2
Rep:
?
#3
Report 1 month ago
#3
Me too dude, no society positions; applied to every spring and I'm on track to getting rejected by all of them. At least I'm at a target (kind of?) with a 1:1 in my midterms but it feels like literally everyone has committee positions and side gigs. Honestly, I just want some EC to put on my CV that is not BrightNetwork :/
1
reply
pinkleopard558
Badges: 9
Rep:
?
#4
Report Thread starter 1 month ago
#4
(Original post by desuuu)
Me too dude, no society positions; applied to every spring and I'm on track to getting rejected by all of them. At least I'm at a target (kind of?) with a 1:1 in my midterms but it feels like literally everyone has committee positions and side gigs. Honestly, I just want some EC to put on my CV that is not BrightNetwork :/
Finallyy someone else haha, its so stupid cuz everyone keeps saying how competitive Springs are, but then every single person I meet seems to have done like 3😂😅r u planning to do anything abt this whole no EC thing like next term or smthg btw?
0
reply
pinkleopard558
Badges: 9
Rep:
?
#5
Report Thread starter 1 month ago
#5
(Original post by tam_robert)
To show that you have an interest in finance, do a course called The complete investment banking course on udemy it’s currently £9.99 because of the Black Friday sales. It should give you an edge when applying for summer internships if you don’t have a spring week on your CV.
Thankss:-), yeah I've heard of that once I think, will check it out for sure!!!:-)Can we actually list this as work experience on CVs btw or is it more for the learning experience and just another certification for the CV?
0
reply
pinkleopard558
Badges: 9
Rep:
?
#6
Report Thread starter 1 month ago
#6
Anyone else plsss?😭😂
0
reply
life_isnt_now
Badges: 3
Rep:
?
#7
Report 1 month ago
#7
Hey, I have two ideas:
Most unis have a pro-bono consulting organisation set up, lots of them through this network called 180 Degrees Consulting although your uni might have something with a different name. Just google 'your uni name student consulting' and search a bit to find yours. You basically apply, don't have to have any prior experience, and get to work on consulting projects for charities (all virtual since Covid-19). This is a really great way to build up professional skills and develop scenarios you can use to answer competency-based questions.
Also, lots of unis have investment societies where you can make model portfolios etc which could be a good thing to look into to show interest in finance.
Other than that, volunteering is always good, maybe try to get on a society committee for a charity-related society?
Hope this helps!
1
reply
pinkleopard558
Badges: 9
Rep:
?
#8
Report Thread starter 1 month ago
#8
(Original post by life_isnt_now)
Hey, I have two ideas:
Most unis have a pro-bono consulting organisation set up, lots of them through this network called 180 Degrees Consulting although your uni might have something with a different name. Just google 'your uni name student consulting' and search a bit to find yours. You basically apply, don't have to have any prior experience, and get to work on consulting projects for charities (all virtual since Covid-19). This is a really great way to build up professional skills and develop scenarios you can use to answer competency-based questions.
Also, lots of unis have investment societies where you can make model portfolios etc which could be a good thing to look into to show interest in finance.
Other than that, volunteering is always good, maybe try to get on a society committee for a charity-related society?
Hope this helps!
Heyy, thank you sm that was super helpful:-)will try all that for sure😊(though it may be likely all these things reject me as well lol😂)......would it be realistic to expect FO summer analyst role interviews given a profile with a top 6 target uni but bad A levels(which still just abt pass filters tho) and just a couple standard ECs like a bit of volunteering and sports but little to no experience(aside from possibly a couple of online certifications/free access "internships")?.....or is that super unlikely haha?😅😂
Last edited by pinkleopard558; 1 month ago
0
reply
life_isnt_now
Badges: 3
Rep:
?
#9
Report 1 month ago
#9
(Original post by pinkleopard558)
Heyy, thank you sm that was super helpful:-)will try all that for sure😊(though it may be likely all these things reject me as well lol😂)......would it be realistic to expect FO summer analyst role interviews given a profile with a top 6 target uni but bad A levels(which still just abt pass filters tho) and just a couple standard ECs like a bit of volunteering and sports but little to no experience(aside from possibly a couple of online certifications/free access "internships")?.....or is that super unlikely haha?😅😂
If you can pass the tests and come across as an interesting, enthusiastic and knowledgeable person in your VIs and ACs, that's the most important thing it's definitely worth a shot! But keep applying for anything you can and really push the Spring Weeks as this will be helpful in your applications next year. Best of luck!
1
reply
BusMan21
Badges: 11
Rep:
?
#10
Report 1 month ago
#10
Do as many of these virtual internships and anything else virtual to show you sure being proactive https://www.theforage.com/
1
reply
anonuser99
Badges: 12
Rep:
?
#11
Report 1 month ago
#11
1. Experience matters more than any course you're gonna take. Get on LinkedIn and start networking with people at any smaller shops you can find. Angle for interest in their jobs and eventually steer it towards asking for an internship.
2. At most unis there are hardly any society positions for first years anyway. You're not that badly off.
3. If you don't get a summer next year, it's not the end of the world, just follow point 1 again.
4. Get a job during uni if you've never had one before. People like to see that you've actually worked for something in your life.
1
reply
pinkleopard558
Badges: 9
Rep:
?
#12
Report Thread starter 1 month ago
#12
(Original post by anonuser99)
1. Experience matters more than any course you're gonna take. Get on LinkedIn and start networking with people at any smaller shops you can find. Angle for interest in their jobs and eventually steer it towards asking for an internship.
2. At most unis there are hardly any society positions for first years anyway. You're not that badly off.
3. If you don't get a summer next year, it's not the end of the world, just follow point 1 again.
4. Get a job during uni if you've never had one before. People like to see that you've actually worked for something in your life.
Thanks, that's rlly helpful!!!Do u maybe have any advice on how to approach people when trying to get some sort of experience? Would it for example, be enough to cold email many places with a motivational statement+ CV, or is it really only worth it if you try build up contact on LinkedIn beforehand with people from the small firms(cuz I am kind of unsure about how to start convos and ask strangers for experience like that lol😅)
0
reply
anonuser99
Badges: 12
Rep:
?
#13
Report 1 month ago
#13
(Original post by pinkleopard558)
Thanks, that's rlly helpful!!!Do u maybe have any advice on how to approach people when trying to get some sort of experience? Would it for example, be enough to cold email many places with a motivational statement+ CV, or is it really only worth it if you try build up contact on LinkedIn beforehand with people from the small firms(cuz I am kind of unsure about how to start convos and ask strangers for experience like that lol😅)
My theory is that no one has any incentive to go out of their way (to the extent of fabricating an internship position) for some random student who is clogging their outlook inbox. They DO have an incentive if that student has shown passion and interest in their work beforehand and has a semi-established relationship with them - because people actually like helping others within reason. Here is a step by step process I am making up on the spot but should be roughly right, use common sense:

  1. Honestly, first of all, you should try going for spring weeks, the ones that are still open/yet to open anyway. There are still some.
  2. Find firms without structured programs (i.e. springs or summers) where you would like to work. If you're targeting IB, it doesn't matter. Don't be picky. Any decent finance experience will do AM, WM, CorpFin, even the finance division of another firm. Obviously the more relevant the better but this isn't the step to start being picky yet. Easy way to find firms in X industry is to get on google maps, scroll to London, type X industry into the search bar and hit enter.
  3. An alternative to step 2: go on LinkedIn, do a search for people who attended your school working in X industry right now and again target those working at smaller firms.
  4. Get in contact with people at the firms you've found. The higher up the better. Send them a LinkedIn message/connect with a note. Explain that you're interested in their work and want to find out more.
  5. Get on a call with them if possible. If you're a London target, later on in the year (when/if Covid subsides) meet them for coffee. Ask them good questions. Not google-able ones. Explain who you are. Try to connect with them, the same way you would your friends but professionally. At the end of the call or whatever, explain you're looking for summer opportunities and like the sound of the work they do (if you actually do) and would be interested in opportunities at their firm. If they're lower down in the food chain, maybe ask for a referral to someone with more social capital.
  6. Repeat until you get something.
Also remember that these are just people at the end of the day. Not superhumans or anything. Treat them with respect and professionalism but also don't be afraid to simply have a conversation. They're just humans.
1
reply
rebellionium
Badges: 13
Rep:
?
#14
Report 4 weeks ago
#14
(Original post by anonuser99)
1. Experience matters more than any course you're gonna take. Get on LinkedIn and start networking with people at any smaller shops you can find. Angle for interest in their jobs and eventually steer it towards asking for an internship.
2. At most unis there are hardly any society positions for first years anyway. You're not that badly off.
3. If you don't get a summer next year, it's not the end of the world, just follow point 1 again.
4. Get a job during uni if you've never had one before. People like to see that you've actually worked for something in your life.
I am at the opposite of OP. Semi-target uni, can't find motivated peers at uni and feeling very bad about the experience there. Got a few related society positions, too much workload because I am in multiple societies, no actual work experience (not even part time jobs) but I doubt whether it is needed if it's just some random jobs that has nothing to do with the role you are applying for.
The problem I am facing now is that I don't know any technicals. My degree is STEM and I feel lost when I try to understand finance stuff. Being in investment clubs helps a bit but sometimes I still have no idea. I don't know where I can find structured info that I can learn from.
0
reply
pinkleopard558
Badges: 9
Rep:
?
#15
Report Thread starter 4 weeks ago
#15
(Original post by rebellionium)
I am at the opposite of OP. Semi-target uni, can't find motivated peers at uni and feeling very bad about the experience there. Got a few related society positions, too much workload because I am in multiple societies, no actual work experience (not even part time jobs) but I doubt whether it is needed if it's just some random jobs that has nothing to do with the role you are applying for.
The problem I am facing now is that I don't know any technicals. My degree is STEM and I feel lost when I try to understand finance stuff. Being in investment clubs helps a bit but sometimes I still have no idea. I don't know where I can find structured info that I can learn from.
Okkk....no need to rub it in like that lol....🙄btw if you knew this was what you wanted to do and are soo motivated+good, why did u go to a semi target even?(not that being at a semi target is even such a disadvantage imo but still)

Also, how did u get positions at finance clubs+societies without knowing much abt finance??....that was kinda my problem cuz some of those ppl at the societies just look at you all weird when interviewing for positions if we go in there without knowing much or if you dont have relevant pre uni experience in the subject lol, even if they are just Freshers positions.....(except for some ofc which just look at our CVs/motivational questions and then insta reject without even talking to us😅)

But yeah if anyone has good suggestions regarding good quality resources to start learning technicals, that would be great!!!!
Last edited by pinkleopard558; 4 weeks ago
0
reply
anonuser99
Badges: 12
Rep:
?
#16
Report 4 weeks ago
#16
(Original post by rebellionium)
I am at the opposite of OP. Semi-target uni, can't find motivated peers at uni and feeling very bad about the experience there. Got a few related society positions, too much workload because I am in multiple societies, no actual work experience (not even part time jobs) but I doubt whether it is needed if it's just some random jobs that has nothing to do with the role you are applying for.
The problem I am facing now is that I don't know any technicals. My degree is STEM and I feel lost when I try to understand finance stuff. Being in investment clubs helps a bit but sometimes I still have no idea. I don't know where I can find structured info that I can learn from.
(Original post by pinkleopard558)
Okkk....no need to rub it in like that lol....🙄btw if you knew this was what you wanted to do and are soo motivated+good, why did u go to a semi target even?(not that being at a semi target is even such a disadvantage imo but still)

Also, how did u get positions at finance clubs+societies without knowing much abt finance??....that was kinda my problem cuz some of those ppl at the societies just look at you all weird when interviewing for positions if we go in there without knowing much or if you dont have relevant pre uni experience in the subject lol, even if they are just Freshers positions.....(except for some ofc which just look at our CVs/motivational questions and then insta reject without even talking to us😅)

But yeah if anyone has good suggestions regarding good quality resources to start learning technicals, that would be great!!!!
rebellionium I am also at a semi-target. It's really not that deep if you put the work in. Everything I said to pinkleopard558 applies to you. It is my personal opinion that you should have worked somewhere before, regardless of whether it is relevant or not. But I'm not HR, I have no idea what that amounts to. My advice is to cut some society positions if you can. There is diminishing returns on society positions and you should just do the ones you enjoy/are the most relevant/give you the best experience or responsibility. Technicals is literally irrelevant if you're a first year (although tbh I'm thinking you're a second year), at best they're going to ask you what a DCF is and what the S&P 500/FTSE 100 is. That's not very hard to learn regardless of what degree background you come from. In addition, technicals largely depend on what you're going for. ER technicals are different to banking technicals which are different to S&T technicals. But regardless, having spoken to numerous decision-makers, technicals is the most forgiven part of any interview. They just care if they can work with you. Technicals can be taught.

I don't like this "I am STEM so I am disadvantaged" mindset that some people have. Most finance prospects actually come from economics degrees (like me) and despite what some people might think, economics has very little to do with financial technicals. We have to learn them too. What you really need to have is commercial awareness anyway and that comes from reading (and understanding the news). Listen to the FT News Briefing, read the FT, google anything you don't get.

I can see you're overwhelmed but you just need to take a breather and take a holistic view of what you need to do. Work through it logically.

The best resource you have is Google. Nothing you cannot find on there and I subscribe to the belief that anyone who fails at using this resource doesn't know how to use google, hasn't tried or doesn't know how to research.
Last edited by anonuser99; 4 weeks ago
0
reply
Ha loL
Badges: 13
Rep:
?
#17
Report 4 weeks ago
#17
(Original post by pinkleopard558)
Soo basically, I'm in my first year at a target uni and didnt manage to get any uni society positions(ok, I'm not exactly a Finance pro rn, but I still got rejd from every single finance related society position I applied for, whether related to actual technicals or stuff like an events officer).....also feel like I'm not gonna get any Spring Weeks at this point(though I have applied to 10 so far and will apply to around 7 more) and dont rlly have prior experience in Finance/any insight days either. So basically, the only activity I'm doing at uni rn is a competitive sport(which I also used to play at a pretty high level when I was younger).

Does anyone maybe have any suggestions about what I can do to at least stand someee shot for getting summer internship interviews next year? Like any activities which could show special interest for IBD positions I could do on my own?......also, considering my A level equivalents were a complete disaster w this Corona system(was previously achieving around the equivalent of A*AA at school but very unexpectedly only ended up w the ABB equivalent), I was wondering whether it is even worth giving it a shot for FO penultimate internships next year at this point or whether it would be wiser to explore other options such as adding an industrial placement/a masters?

Plus, I know that not studying and neglecting uni work is like the worst, most counter productive thing I could be doing rn😅, but I literally cannot get myself to study properly at all atm partly cuz I'm so freaked abt not getting any good internships ever....

Any suggestions abt any things I could do at all to make this any better or strengthen my profile for internships next year would be great!!!Thxx:-)
Pardon me, but what is a spring week?
0
reply
anonuser99
Badges: 12
Rep:
?
#18
Report 4 weeks ago
#18
(Original post by Ha loL)
Pardon me, but what is a spring week?
https://www.brightnetwork.co.uk/care...-week-special/

Or google.
0
reply
pinkleopard558
Badges: 9
Rep:
?
#19
Report Thread starter 4 weeks ago
#19
(Original post by anonuser99)
rebellionium I am also at a semi-target. It's really not that deep if you put the work in. Everything I said to pinkleopard558 applies to you. It is my personal opinion that you should have worked somewhere before, regardless of whether it is relevant or not. But I'm not HR, I have no idea what that amounts to. My advice is to cut some society positions if you can. There is diminishing returns on society positions and you should just do the ones you enjoy/are the most relevant/give you the best experience or responsibility. Technicals is literally irrelevant if you're a first year (although tbh I'm thinking you're a second year), at best they're going to ask you what a DCF is and what the S&P 500/FTSE 100 is. That's not very hard to learn regardless of what degree background you come from. In addition, technicals largely depend on what you're going for. ER technicals are different to banking technicals which are different to S&T technicals. But regardless, having spoken to numerous decision-makers, technicals is the most forgiven part of any interview. They just care if they can work with you. Technicals can be taught.

I don't like this "I am STEM so I am disadvantaged" mindset that some people have. Most finance prospects actually come from economics degrees (like me) and despite what some people might think, economics has very little to do with financial technicals. We have to learn them too. What you really need to have is commercial awareness anyway and that comes from reading (and understanding the news). Listen to the FT News Briefing, read the FT, google anything you don't get.

I can see you're overwhelmed but you just need to take a breather and take a holistic view of what you need to do. Work through it logically.

The best resource you have is Google. Nothing you cannot find on there and I subscribe to the belief that anyone who fails at using this resource doesn't know how to use google, hasn't tried or doesn't know how to research.
I get that we dont rlly need to know technicals for Springs, but if we do go for messaging on LinkedIn to find summer opportunities, would it not look stupid/fake if we know nothing and say we are passionate abt someones work?

Thx for all your help btw!!!
Last edited by pinkleopard558; 4 weeks ago
0
reply
anonuser99
Badges: 12
Rep:
?
#20
Report 4 weeks ago
#20
(Original post by pinkleopard558)
I get that we dont rlly need to know technicals for Springs, but if we do go for messaging on LinkedIn to find summer opportunities, would it not look stupid/fake if we know nothing and say we are passionate abt someones work?

Thx for all your help btw!!!
I mean, no not really. At least not initially. As I said, they can be taught. Any person you network with is not going to just interview you on the spot. They'll just take your questions and have a semi-normal conversation with you then go from there. The important thing is showing interest in them and the field they're in. That's how you show passion. Passion isn't knowing specific accounting rules, unless they're an accountant. Accounting is just a tool you use to do your job. If you need more technicals before any summer opportunity, and you're decently smart, it's not gonna take much more than minimal work over a month to get them up to scratch. Interns aren't expected to be world-savers, they're just expected to work hard and do the best they can.
0
reply
X

Quick Reply

Attached files
Write a reply...
Reply
new posts
Back
to top
Latest
My Feed

See more of what you like on
The Student Room

You can personalise what you see on TSR. Tell us a little about yourself to get started.

Personalise

Do you have the space and resources you need to succeed in home learning?

Yes I have everything I need (149)
61.83%
I don't have everything I need (92)
38.17%

Watched Threads

View All