What If You Don’t Get a Return Offer From Your Investment Banking Summer Internship?
Or should you?
As summer internships finish up and full-time recruiting begins, this is one question that always comes up:
What should you do if you don’t get a return offer?
A lot of what you should do is obvious – so first, let’s take a look at what not to do.
If You’re Not Confident You Can Get Into Investment Banking, Should You Apply to Master’s Programs to Hedge Yourself?
It’s always on your mind, but especially so when the economy is in shambles and shows no signs of recovery:
Plan B.
We’ve looked at a number of different options, from becoming a ski bum to becoming a cocaine addict and moving to Buenos Aires, but today I wanted to focus on one of my most frequently emailed questions:
Should I do a Master’s Program? If I don’t get into investment banking during full-time recruiting, should I go to graduate school instead? Will these programs help me get in?
Are they worth it?
If You Can’t Get Into Investment Banking the Real Way, Should You Buy Your Way In?
The other day a reader wrote in with this question:
“I have the opportunity to pay [Large Sum of Money] to get an investment banking internship – should I do it? I don’t know how I can convince my parents.”
I’m not going to name names because there are multiple programs with a similar premise: pay us money, and we’ll get you an internship at a bank (or PE firm, or other financial institution). Sometimes the internships are paid (you might make some money on the deal), and sometimes they’re unpaid (your loss!).
So, how much is an internship at Goldman Sachs worth? $5,000? $10,000? More? And what should you do if you’re in this position?
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