<p>After two weeks of cold calling/cold emailing I have finally started to get a hold of how to do it and how to be decently successful. I have a few interviews lined up now, one for a unpaid PWM internship with merrill lynch, one with a paid marketing internship at another merrill lynch branch, and then a potential one from UBS. UBS emailed me asking what kind of internship i'm looking for...one for pay or one for school credit. Naturally, I'd rather get paid and I'd be willing to put in more hours if they paid me but as I freshmen who isn't even a business major, I don't expect them to pay me and I'd be willing to take the offer unpaid as well. How do I say this without sounding desperate or money-hungry?
Also any preference between ML PWM and UBS PWM?</p>
<p>something along the lines of you would prefer a position that pays to help you with your college expenses, but you would be willing to consider unpaid/for credit opportunities as well if those are the only spots available.</p>
<p>First you need to learn to spell the word paid. (Although technically both are ‘correct’)</p>
<p>You won’t sound desperate or money hungry if you ask to be paid. If you are unable to work unless you get paid, you need to make sure your employer knows that.</p>
<p>If the internship is not paid but with a bank, you can always ask for a travel/meal stipend. The worst they can do is say no.</p>
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<p>If these are the only two choices, then you have to say “paid” – unless your school does have a program whereby you can receive credit for off-campus internships. Most large corporations are very leery of unpaid internships because they don’t want to run afoul of U.S. labor laws, but that’s not a concern if you are “paid” with college credit in exchange for your services.</p>