What should i do this summer

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Mar 17, 2009 11:45 am

Hey all. Ill just jump right into my question cuz its kinda long. Im a junior majoring in finance looking to get an internship this summer with the thought that it would give me some experience and see if this is really the route i want to go (FA). I have been interviewing with Waddell and Reed for a position this summer, it seems to be a good opportunity to learn something(but really what do i know). I have been reading on these boards that the company sucks, and most people generally have nothing good to say about them. If i end up getting the position would it even look good on a resume after i graduate or would it be like a red flag saying throw me away? I am looking for some constructive advice so please if you have any suggestions that would really help. Im in the minneapolis area if you happen to be from around here and know of a better opportunity haha. Thanks



Mar 17, 2009 11:55 am

Some indipendents, and even Jones offices look for summer sweat labor to lick envelopes, do mailings, and call clients to invite them to seminars.  If you're not happy with the Waddell offer, I'd look there.

Mar 17, 2009 12:08 pm

I don't think where you intern matters, though I personally don't make hiring decisions.


A piece of advice, though. Get into the habit of sending messages with appropriate punctuation and capitalization. Just because you are a student and not applying for a job here per se, you still should take a little pride in your communications. And though it should go without saying, don't add 'haha' to the end of a serious point.
Mar 17, 2009 12:54 pm

He or she meant capitalization ha ha

Mar 18, 2009 10:01 am

Haha 'Bud Fox' I love the name.

Waddell and Reed is below Ameriprise. For an internship just try to get into a place to have a big name on your resume. After you graduate you will be able to get more interviews by having a big name brokerage on your resume. The majority of interns I have seen have not been exposed to the industry but have been in the mailroom preparing marketing lists for their boss.

Mar 18, 2009 10:53 am

Every time I say something like that, I mess up the stupid post. That should teach me...

Mar 18, 2009 4:46 pm

If you don't get an internship at Goldman, kiss your career good bye.

Mar 18, 2009 8:54 pm

I hate resume polishers.
It might be your last summer at home. Enjoy it.
Play golf. .... Read some good books. ... Get up at 6 a.m. every day and run 3 miles. .... Take your kid brother to his baseball games. ... Watch all six seasons of The Sopranos. ... Do some work around the house for your folks.
If you really want to do something that will help your 'career', then mow lawns for the summer. Find clients and do the work.










Mar 18, 2009 8:57 pm

You should look into Northwestern Mutual Financial Network.  You will do mostly insurance, but you will also learn how to build referrals, call, do presentations, and ask for the sale.  It is also a nationally ranked internship, so it will look good on your resume.  If you have any questions feel free to pm me.

Mar 19, 2009 11:08 am
buyandhold:

I hate resume polishers.
It might be your last summer at home. Enjoy it.
Play golf. .... Read some good books. ... Get up at 6 a.m. every day and run 3 miles. .... Take your kid brother to his baseball games. ... Watch all six seasons of The Sopranos. ... Do some work around the house for your folks.
If you really want to do something that will help your 'career', then mow lawns for the summer. Find clients and do the work.

I think this is actually fantastic advice. You won't get a good summer vacation for another 15 years (if you are lucky and build a solid business). You won't learn anything you can't learn in a couple weeks in a decent training program, and a lot of firms won't even care about an internship program.
Mar 19, 2009 12:02 pm

Surf.