<p>tvdn: Yeah you’re not going to get a paid internship abroad as a high school student, sorry Hell, I’m an upperclassman at an Ivy and honestly, those are hard to come by even for me and my classmates. If you want a paid internship, look stateside…though even then, it’s going to be hard to find one as a high schooler, given the state of the economy. Your best bet may be a regular old job…no shame in that!
Don’t despair, however. It might be possible to apply for some summer programs for high schoolers abroad (which would likely involve taking classes, not working). There’s some program I heard about at Oxford back in the day, and I know there’s a company that has adventure trips all over the world – so maybe look into something like that? If finances are an issue, I think most of these programs have financial aid. </p>
<p>Grivacobae: Look, it’s great that you have such a passion for the stock market. But you have to understand, there are literally thousands of college juniors who have read all of these books and also have a passion for the stock market, with the added benefit of several years of college-level economics and finance classes. And even they are having trouble getting investment banking internships. My advice would be to get a job at a local business to build up your resume, and actually earn some money. Seriously, even a lot of the boutique firms only hire rising college seniors, or mayyybe juniors. I think rising college sophomores are generally SOL, let alone someone still in high school.</p>
<p>Also, I think you need to be a bit more humble and realistic about what you could bring to an ibank, at least in terms of knowledge of actual finance. It takes banks months to train college graduates who spent 4 years studying economics; they hire these kids with the knowledge that they will have to spend time and resources training them before they can independently contribute much to the firm. As a high school junior, especially if you were just there for 2-3 weeks, as you said, you really wouldn’t be able to contribute a whole lot to their day-to-day work, since they’d have to have someone supervising you. I am not a finance person myself, but from what I have gathered from friends who will be joining some of the big ibanks next year, the summer internships are largely training grounds for future ibankers – the banks train you and get you going, and end up hiring a pretty large proportion of their summer analysts to work for them the next year. In other words, it’s an investment that will pay off for them soon. You wouldn’t be able to work for them for at least another four years, so training now wouldn’t make sense. YOU would gain a lot from an internship at an investment bank, but they really wouldn’t – I’m sorry, but that’s how most internships work, even at the college level, and it’s important to be humble about what you know and can actually contribute. Keep up what you’re doing, and your love of ibanking WILL take you far…just have patience. </p>
<p>You don’t need to push yourself into being some kind of “investment prodigy” or whatever you called it. If you’re smart and ambitious, and do well in college, you will get an ibanking internship eventually. You don’t need one now.</p>
<p>Not to mention that making a 16 year old work 80-100 hour weeks is probably a violation of multiple child labor laws, hahaha.</p>