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Reply to "18-month Lead Time for Wall Street Summer Internships?"
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[quote=Anonymous][quote=Anonymous]Most firms recruit on campus so if your kid attends a school where they do, your kid will be able to navigate this. You don’t need finance classes for a Wall Street internship. They don’t let you anywhere near anything that remotely requires finance knowledge.[/quote] That’s not quite accurate. While some entry level finance roles might not ask in depth financial questions, most Wall Street internship interviews, especially for IB, are very technical. DC went through IB interviews in the fall and had to prep for months. They asked detailed financial questions, tested understanding of valuation, accounting, and market trends, and gave case studies to assess how you think. In the end, i bet a decent amount of these internships are secured as a result of who daddy knows.[/quote]
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