Internship Requirements for Investments Banks

<p>Has anyone here had an internship at a top investment firm such as JPMorgan or Goldman? Does anyone what those companies look at when sifting through the hundreds of resumes? I would like to know what qualifies you for a position there.</p>

<p>A hopeful should have one of these names on his or her resume: Harvard, Wharton, Princeton, Dartmouth, Stanford, MIT, Yale, Duke, Columbia, etc. He or she should also have 3.5+ GPA.</p>

<p>Replace "Wharton" by "Penn".</p>

<p>Assuming you have no "connections", my experience is that a 3.5 at a top notch college (see IPBear's list) will get you an interview.</p>

<p>Yeah, Wharton should be replaced with Penn.</p>

<p>How about UC Berkeley Econ major guys? Not Haas.</p>

<p>Berkeley econ majors do very well on the west coast. Wall Street takes exceptional Berkeley econ majors as well.</p>

<p>How about Brown's applied math/econ major?</p>

<p>"Harvard, Wharton, Princeton, Dartmouth, Stanford, MIT, Yale, Duke, Columbia, etc."
The purpose of this list is to give some examples. This list doesn't include all target schools. Econ majors as well as applied math/econ majors at Brown with high GPAs are recruited as well.</p>

<p>I'm interning for one of the banks you named above, and I can tell you that experience hugely trumps GPA. The key is to get summer internships in finance or sales and trading before, which will propel you onwards and upwards. The larger part of my intern class is composed of Whartons and lacrosse players. Bother me on IM if you have questions.</p>

<p>Nowadays a 3.5+ at an ivy league might get you an interview, whereas in the 2003-2006 era basically anyone with a 3.5+ had an offer. I attend an ivy and numerous people with 3.5+s were looked over, and many had trouble getting offers. With wall street downsizing, I would suggest at least a 3.7+ or 3.5 with previous work experience.</p>

<p>A previous internship in finance can go a long way in securing an interview.</p>

<p>"Yeah, Wharton should be replaced with Penn."</p>

<p>Not in my experience it shouldn't. Every Penn grad in my IB analyst class was out of Wharton.</p>

<p>Do people who don't go to those schools have any chance? I go to Bentley...</p>

<p>Yes they do, but you'll have to clamor to get your name heard and your resume better be spotless to get an interview.</p>

<p>gellino,</p>

<p>Come on. We don't want to discourage any one here. Even though almost all Penn people in i-banks are from Wharton, non-Wharton people still have chances, especially if they are in Penn SEAS.</p>

<p>gellino: most Penn undergrads interning at investment banks are in Wharton largely because a Wharton student is more likely to want to pursue it than a College or SEAS student. But there are still plenty of College and SEAS students who go into investment banking. There are no Wharton-only recruitment events, and a lot of other people take the same number of finance classes that Wharton undergrads take anyway.</p>

<p>theoneo,
However, CAS and SEAS students are much less competitive when compared with Wharton student because Wharton's admissions criteria are much higher. CAS and SEAS students must have very high GPA or other credentials (compared with Wharton students) in order to be recruited.</p>

<p>IPBear. Are you in high school? Out of curiosity.</p>