How do I become an investment banking intern?

How to Get an Investment Banking Internship

1. Know the investment banking industry.
2. Get your skillset in place.
3. Prepare a strapping resume.
4. Online applications.
5. Networking – Personal and social.
6. Get in touch with HR consultancies and placement cells.

How much do investment banking interns make?

How much does an Investment Banking Intern make in the United States? The average Investment Banking Intern salary in the United States is $89,222 as of February 26, 2021. The range for our most popular Investment Banking Intern positions (listed below) typically falls between $71,788 and $106,656.

Do you get paid for investment banking internships?

Banks’ interns are typically paid salaries on a par with full time analysts, pro-rated to the length of the internship. On Wall Street, this means interns are typically getting $85k pro-rated for 10 weeks this year (despite only working five), which works out at $42 an hour based on 40 hours a week.

Is it hard to get into investment banking?

Investment banking is extremely competitive with way more applicants than available positions each year. You will often be up against students from Ivy League. Bulge bracket banks and almost all other investment banks will look at your GPA when applying for a job and you should include it in your resume.

Do Google interns get paid?

Making The Money Google interns get paid more than most full-time employees across the country. According to Glassdoor, the average Google intern makes $5,678 per month, or $68,136 per year.

Does Goldman Sachs pay interns?

Goldman Sachs’ 10-week summer internship is no different as it is the major feeder for its full-time analyst and associate programs. Interns get paid based on a pro-rated first-year analyst’s salary, which comes to over $16,000.

Do investment banking internships provide housing?

Investment Bank and financial services company Goldman Sachs is headquartered in New York City. At Goldman Sachs, summer interns are typically paid about $15,000 for 10 weeks of work, which includes a stipend of $2000 for housing for interns.

What do investment interns do?

In the internship, you assist full-time Analysts and Associates with everything imaginable, ranging from menial tasks such as ordering food and coffee to tasks that require slightly more thought, such as presentations, financial modeling, and deal analysis.

How much do interns get paid UK?

An intern, when defined as a worker, is legally obliged to receive at least national minimum wage. At current, this is £7.70 per hour for those between 21-24 and £8.21 per hour for those 25+.

What are the documents required for internship?

Documents For Your Summer Internship in 2018

• A formal application. For your Summer Internship in 2018 be sure to be on time- for everything.
• Activities you have engaged in.
• Resume and Cover Letter.
• Transcripts.
• 2 or 3 Letters of Recommendation.
• Statement of Purpose.
• Comments.

Can I intern at a bank?

If you have a particular bank or company in mind, contact someone from there, expressing interest in internships. You can send them an email, call their office, or drop by in person. A banking professional will be able to provide specific feedback about the best way to find an internship.

Which internship is best for finance students?

The Top 10 Finance Internships

• AT&T Financial and Leadership Development Program. Industries: Broadcast and Cable, Science, Research, Technology, Telecom.
• Blackstone Group. Industry: Financial Services.
• Credit Suisse. Industry: Financial Services.
• Deutsche Bank.
• Goldman Sachs.
• J.P. Morgan’s Investment Bank.
• Lazard.
• Morgan Stanley.