Monday, November 22, 2010
Dr. Krause Tells Students That Bulge Bracket Banks Are Beginning Their Summer Internship Interview Process
He continued, "The summer investment banking and equity/debt research positions are very competitive in the major firms, such as Goldman Sachs, Morgan Stanley, JP Morgan, Bank of American Merrill Lynch, etc. Just within the past week or so, the bulge bracket firms have begun accepting applications for their summer analyst positions. If you want to be considered, you must complete the on-line application. Once this is done, my students generally meet with me and I help them connect with one of our alumnus in the firm if they fit the bulge bracket model."
"The bottom line is to work hard in school to achieve good grades, follow the capital markets and macro-economy, and be active in student finance organizations," Krause stated. "It is also vitally important to network with alumni and seniors. Students should check internship postings on Career Manager and indeed.com daily - and they should continue to monitor opportunities at major firms in the Midwest, such as R.W. Baird, G.K. Baum, Lazard, etc. I tell students to think of this as a landing a job - getting the summer internship that sets them up for their senior year and beyond is something that generally doesn't happen by chance."