How to leverage S&T/Markets experience in a IBD summer app

Discussion in 'Investment Banking' started by covfefe, Aug 11, 2017.

  1. covfefe

    covfefe New Member

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    Yo.

    Wanted to ask you guys a question. I am going into my second year at uni in October. I am going to have some markets experience over the summer, albeit I want to apply for a investment banking / corporate finance summer internship. I will have no exposure to IBD/Corp Fin but only markets. How could I leverage this experience in an interview/cover letter?

    Thanks.
     
  2. Trigger

    Trigger Blessed

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    Doesn't work that way. If you want to go into corporate finance, get corporate finance experience under your belt. You can say though in your cover letters or interviews how you tried your hand at trading over the summer but it didn't fit you for X Y Z reasons and IB is what you want to do.
     
  3. covfefe

    covfefe New Member

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    I see. But surely a month of markets experience will put me above most candidates for IBD? I mean what proportion of summer applicants will have corp finance experience not including spring weeks / insight days?
     
  4. Trigger

    Trigger Blessed

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    It will put you above most candidates, but not all. A lot of applicants have relevant experience and they are the ones who get interviews. This is a very competitive industry.

    That being said a lot of candidates also don't have any finance-specific experience, so it definitely helps your case.