<p>On this website I've seen people talking about how they had internships at prestigious investment firms such as Merrill Lynch and Citigroup when they were in high school. Does anyone have any information on how to find internships like this?</p>
<p>If they are like any of the other internships at firms like those then you would have to apply for them, most likely online, unless you have immediate contact with one of their buildings. However, I would expect that the only real way to get an internship at a large company like one of those would be to be very familiar with one of presidents or vice presidents. In fact, I would say that unless you had a connection like that, getting an internship like that is nearly impossible. Also, keep in mind that normally the first opportunity to get an internship at an investment bank is after the sophomore year of college.</p>
<p>Cold call. cold call. cold call. cold call. should I keep going? haha</p>
<p>I would’ve done an internship with Goldman Sachs/Morgan Stanley last summer (had an offer in hand), but they were an hour flight away from my city (Im in Saudi Arabia, btw), so I decided to stick with regional firms since they’re headquartered in my city. </p>
<p>Best decision ever. Got to know the nitty gritty of modelling, IB-standard accounting, and definitely made a ton of connections across the industry, all of this before graduating high school. Once more, I only cold-called and showed them that I really knew a lot about finance.</p>
<p>Speaking of knowing about finance, I remember the rather trivial questions they asked me at Saudi Arabia’s top investment bank (according to Bloomberg, GS/MS are nowhere even close to it in terms of MENA deals): What is the exact date that the most recent financial collapse occured? Which two major U.S. banks merged? etc.</p>
<p>They want to see how read up a high school kid is on finance and how much he/she really knows. They don’t expect you to know super-difficult modelling. Just intermediate accounting, and reasonable knowledge of excel.</p>