<p>My DD has a summer internship opportunity to work with a top bank. Since I do not have any knowledge in this area, I am looking to those who do. She has a choice of the following areas: Treasury Services, Sales and Trading, Research, Public Finance, Investor Services, IB, CIB Risk, and Summer Analyst. </p>
<p>Looking for any insight possible, thanks.</p>
<p>Are you sure your D has options to work at all of those areas? Summer Analyst is also not an area, it is what she would be - a summer analyst at one of those areas. With most top banks, each area would recruit on its own, so they wouldn’t allow an intern to choose.</p>
<p>If indeed your D has all of those options, she needs to figure out what would be the best fit for her. Personality type for sales and trading would be very different than IB or Research. She should ask herself if she had the option to take a final exam or write a research paper for her final grade which one would she pick. If it is final exam then she maybe better suited to do sales and trading. If she would prefer to write a paper then maybe IB or research. The only thing about sales and trading is there are very few exit opportunities.</p>
<p>She should pick the area that she wants to work in because they will often recruit out of that pool. If she isn’t familiar with those areas she should read up. Here is the JP Morgan description of internships in those areas, click on the area on the left hand column.
[J.P</a>. Morgan | Careers | America | Programs | Summer Undergraduate Opportunities](<a href=“http://careers.jpmorgan.com/student/jpmorgan/careers/us/programs/summerug]J.P”>http://careers.jpmorgan.com/student/jpmorgan/careers/us/programs/summerug)</p>
<p>I’m pretty sure that Sales and Trading and IB are going to be the most competitive areas as those are the areas known for getting the big bonuses.</p>
<p>I do not believe IB, S&T, support/back office…would be recruiting from the same pool. Again, I think each area recruits on its own.</p>
<p>She was told she could apply for three different positions. I do not know more than that.</p>
<p>She should apply to three where she would most likely be hired. S&L and IB would be most competitive. Their interviews tend to be very intense and high pressured. At the same time, through the interviews she’ll also figure out what she would be best suited to do.</p>
<p>I would like her to apply to the area where she will learn the most.</p>
<p>I do not know the difference between back office and front office.</p>
<p>If you don’t know the difference then you should let your kid figure it out. Why not ask this high level employee to give her some guidance.</p>
<p>Tell her to check out the Vault Guide to Finance. Her career center probably offers this for free.</p>
<p>I don’t see any back office (operations) options listed? Back office mean support area. When I was in trading, back office was considered our processing group when trades where entered into the computer, payments where made, all the stuff that goes behind the scenes. </p>
<p>luckystars1934 - it isn’t a matter of where she will learn the most. She will learn as much as possible in each about that particular area. It is a matter of what type of job she is aiming for as a career and she should target the area she is aiming for. Sometimes when you are hired into one path there is no jumping over to another.</p>
<p>Seriously, listen to Oldfort. At companies son interviewed at (Credit Suisse, Citibank, Boston C., Goldman Saks, McKinsey, Bain, etc etc.), it was clear they were each interviewing him for ONE department. He was not the one setting the parameters, they were. At no place was he offered a choice of departments.</p>