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	<title>Comments on: So, What Will I Do As An Investment Banking Summer Analyst (Besides Get Abused)?</title>
	<atom:link href="http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/</link>
	<description>Career advice for ambitious college students and recent graduates: how to get a job in finance and how to maintain your sanity.</description>
	<pubDate>Sun, 20 Jul 2008 16:49:39 +0000</pubDate>
	<generator>http://wordpress.org/?v=2.5.1</generator>
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		<title>By: Inquisitor</title>
		<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-592</link>
		<dc:creator>Inquisitor</dc:creator>
		<pubDate>Wed, 23 Apr 2008 20:15:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-592</guid>
		<description>It's a group decision, never made by just 1 person.  HR basically just collects response, they don't know anything and can't make decisions because they have not actually worked with the interns.

For summer interns, everyone who worked with them will weigh in on whether or not to give them FT offers - even Analysts can have a large impact on a yes/no decision because they often work most closely with summer interns!</description>
		<content:encoded><![CDATA[<p>It&#8217;s a group decision, never made by just 1 person.  HR basically just collects response, they don&#8217;t know anything and can&#8217;t make decisions because they have not actually worked with the interns.</p>
<p>For summer interns, everyone who worked with them will weigh in on whether or not to give them FT offers - even Analysts can have a large impact on a yes/no decision because they often work most closely with summer interns!</p>
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		<title>By: hi</title>
		<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-591</link>
		<dc:creator>hi</dc:creator>
		<pubDate>Wed, 23 Apr 2008 19:56:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-591</guid>
		<description>For the FT offer and offers in general, is it true that it's a collective group decision, or just one person (ie. the staffer) that decides?  In which case, is HR just there to collect all your responses and tally up the 'yes' and 'no's?  Perhaps this varies from bank to bank...Thanks.</description>
		<content:encoded><![CDATA[<p>For the FT offer and offers in general, is it true that it&#8217;s a collective group decision, or just one person (ie. the staffer) that decides?  In which case, is HR just there to collect all your responses and tally up the &#8216;yes&#8217; and &#8216;no&#8217;s?  Perhaps this varies from bank to bank&#8230;Thanks.</p>
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		<title>By: Inquisitor</title>
		<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-589</link>
		<dc:creator>Inquisitor</dc:creator>
		<pubDate>Wed, 23 Apr 2008 09:44:33 +0000</pubDate>
		<guid isPermaLink="false">http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-589</guid>
		<description>Yeah I would be careful about asking too many questions... sometimes it can get annoying.  

Honestly it won't affect your chances of a FT offer at all - they will forget about it by then, so I would focus on doing well during your internship and you should be fine.</description>
		<content:encoded><![CDATA[<p>Yeah I would be careful about asking too many questions&#8230; sometimes it can get annoying.  </p>
<p>Honestly it won&#8217;t affect your chances of a FT offer at all - they will forget about it by then, so I would focus on doing well during your internship and you should be fine.</p>
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		<title>By: totaln00b</title>
		<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-588</link>
		<dc:creator>totaln00b</dc:creator>
		<pubDate>Wed, 23 Apr 2008 02:41:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-588</guid>
		<description>Thanks for the article. 

About that returning offer and asking questions.  I've been told that it's good to keep asking questions...  But, I annoyed the HR person by asking apparently too many questions, before the start of my summer internship. They gave me some constructive criticism in a formal email, and I apologized and recognized my error.  I'm afraid that this might destroy my chances at a full time offer... it seems terrible to be known as the "over-eager person who asks too many questions". Any suggestions?</description>
		<content:encoded><![CDATA[<p>Thanks for the article. </p>
<p>About that returning offer and asking questions.  I&#8217;ve been told that it&#8217;s good to keep asking questions&#8230;  But, I annoyed the HR person by asking apparently too many questions, before the start of my summer internship. They gave me some constructive criticism in a formal email, and I apologized and recognized my error.  I&#8217;m afraid that this might destroy my chances at a full time offer&#8230; it seems terrible to be known as the &#8220;over-eager person who asks too many questions&#8221;. Any suggestions?</p>
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		<title>By: Inquisitor</title>
		<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-564</link>
		<dc:creator>Inquisitor</dc:creator>
		<pubDate>Sat, 19 Apr 2008 09:18:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-564</guid>
		<description>That's very true - you do get a lot of "managing analysts" in the summer. :)  That is why I try to never abuse summer interns, in fact I often do a lot of work myself just because it's faster and I hate checking work even more than doing work.</description>
		<content:encoded><![CDATA[<p>That&#8217;s very true - you do get a lot of &#8220;managing analysts&#8221; in the summer. <img src='http://www.mergersandinquisitions.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' />  That is why I try to never abuse summer interns, in fact I often do a lot of work myself just because it&#8217;s faster and I hate checking work even more than doing work.</p>
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		<title>By: hi</title>
		<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-563</link>
		<dc:creator>hi</dc:creator>
		<pubDate>Sat, 19 Apr 2008 06:20:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-563</guid>
		<description>Being a full time analyst is pretty bad, but nothing can compare to being a summer analyst.  Not only are you the lap dog for the MDs, Directors, VPs, and associates, but to top it off you are essentially the 2nd and 3rd year analysts' bitch for the entire summer. 

That's right - you are going to be working MORE as a summer intern than as a full time analyst.  You aren't going to be staffed on one or two deals, you are going to be staffed on anything.  Did the person you've been working with the past week go home early because by some stroke of God the VP didn't spring some BS last minute change on him at the last minute?  That's great, right?  You can go home early too... until you see the 2nd year managing analyst stroll in and tell you to do research something for him that he may or may not read 3 months from now.  

The hardest part about this whole ordeal is definitely the managing analysts.  It's pretty easy to know your role and stfu when it comes to dealing with associate and above.  But when you have to listen to someone that is one year older than you talking about how easy you have it, and how back in their day things were much tougher and you actually had to work hard for your bonus, it really takes some serious restraint not to slap them in the face.</description>
		<content:encoded><![CDATA[<p>Being a full time analyst is pretty bad, but nothing can compare to being a summer analyst.  Not only are you the lap dog for the MDs, Directors, VPs, and associates, but to top it off you are essentially the 2nd and 3rd year analysts&#8217; bitch for the entire summer. </p>
<p>That&#8217;s right - you are going to be working MORE as a summer intern than as a full time analyst.  You aren&#8217;t going to be staffed on one or two deals, you are going to be staffed on anything.  Did the person you&#8217;ve been working with the past week go home early because by some stroke of God the VP didn&#8217;t spring some BS last minute change on him at the last minute?  That&#8217;s great, right?  You can go home early too&#8230; until you see the 2nd year managing analyst stroll in and tell you to do research something for him that he may or may not read 3 months from now.  </p>
<p>The hardest part about this whole ordeal is definitely the managing analysts.  It&#8217;s pretty easy to know your role and stfu when it comes to dealing with associate and above.  But when you have to listen to someone that is one year older than you talking about how easy you have it, and how back in their day things were much tougher and you actually had to work hard for your bonus, it really takes some serious restraint not to slap them in the face.</p>
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		<title>By: James Cox</title>
		<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-547</link>
		<dc:creator>James Cox</dc:creator>
		<pubDate>Wed, 16 Apr 2008 22:01:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-547</guid>
		<description>Another great blog, I set up the link to you on my site :)</description>
		<content:encoded><![CDATA[<p>Another great blog, I set up the link to you on my site <img src='http://www.mergersandinquisitions.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /></p>
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		<title>By: Inquisitor</title>
		<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-452</link>
		<dc:creator>Inquisitor</dc:creator>
		<pubDate>Mon, 07 Apr 2008 04:37:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-452</guid>
		<description>Thanks Hank, glad you enjoyed.</description>
		<content:encoded><![CDATA[<p>Thanks Hank, glad you enjoyed.</p>
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		<title>By: Hank</title>
		<link>http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-451</link>
		<dc:creator>Hank</dc:creator>
		<pubDate>Mon, 07 Apr 2008 03:22:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.mergersandinquisitions.com/2008/04/04/investment-banking-summer-analyst-work/#comment-451</guid>
		<description>Good stuff - thanks</description>
		<content:encoded><![CDATA[<p>Good stuff - thanks</p>
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