Reply to How are these nepo babies in these summer finance internships able to keep up with the work

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Anyone can do one of these jobs.  It doesn’t take a lot of intelligence to understand financial markets and work on PowerPoints.  I once was an intern.  It’s kind of like how there are millions of kids who would do perfectly fine at Princeton.

The ones who don’t have what it takes won’t get offers after the summer.  [/quote]

Not true [/quote]

How is this not true?  Have you ever been an investment banking analyst?  Half of your time is spent waiting for feedback on decks and working on excel models.  It’s not very challenging work.  I met many analysts who disliked the lifestyle but don’t recall meeting anyone who thought it was too intellectually challenging.  It’s just not. [/quote]
NP. I don't know anything about banking -- not my line of work -- but one of DS's friends (one of the smartest kids I know) did the summer analyst program at JP Morgan and decided she didn't want to work in banking because she was "a little bored by the slow pace of the internship."[/quote]

+1 these summer jobs are not hard, most kids can do them..probably this 3.0.kid isn't dumb, just hasn't bothered trying. If he puts in a bit of effort he will be fine.[/quote]

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