Can anyone help me get an Internship in an Investment Banking/Consulting firm?

[dahiyarules]

Hey All !

Its me again.

I am a Junior at Florida State University. My majors are Finance and Economics. I would be done with my requirements for Finance by spring 2006. After that I would like to do a summer internship in an Investment Banking or a consulting firm. My GPA is approximately 3.5.

As far as I have understood the process so far, it takes a network of contacts who are willing to push you through to bag an internship. I would be grateful to any Jat/non-jat brother/sister who could help me with this.

Thanks,

Sumit Dahiya

[ashokkhatri]

As you may already know about the tough job market so no promises but yeah do give me a call on the weekend and we can talk..(217) 721-9242

[haryanajat]

Hey All !

Its me again.

I am a Junior at Florida State University. My majors are Finance and Economics. I would be done with my requirements for Finance by spring 2006. After that I would like to do a summer internship in an Investment Banking or a consulting firm. My GPA is approximately 3.5.

As far as I have understood the process so far, it takes a network of contacts who are willing to push you through to bag an internship. I would be grateful to any Jat/non-jat brother/sister who could help me with this.

Thanks,

Sumit Dahiya
Finance and economics? Bhai isse aachha tho library se kitab lee aate aur fine dene ke baad bhi yeh padhaii university ke fees sae sastee padhtee. Bura maat manana I think there are lots of other subjects that are like that - history , sociology, political science, anthropology...big list.

[dahiyarules]

Finance and economics? Bhai isse aachha tho library se kitab lee aate aur fine dene ke baad bhi yeh padhaii university ke fees sae sastee padhtee. Bura maat manana I think there are lots of other subjects that are like that - history , sociology, political science, anthropology...big list.
Hey Jeetendra !

So far I have got two kind of responses for my appeal. The first kind came from some really kind and generous souls who got my message by the word and gave me some really helpful advice and assitance. The other kind came just from you. It made no sense to me.

There are quite a few investment bankers from the Jatland community. Hopefully, they will agree with what I am about to say. The issues here isnt the cost of getting the education. It is all about the kind of education you get. For the four years of school that you go through, they groom you to be good professionals. Here you learn how to co-ordinate the knowledge you get in the classroom with real world events and applications. After we graduate, we go to work for wealth management companies, and because of the 4 year boot camp that te went through, things dont appear like flying saucers, to us. The second stage of your learning process is applying your skills at workpalce and learning from those who have been doing it for decades. The end product is a finely groomed wealth manager, who will step into the shoes of his mentors in the years to come. Its just like how you learn to fly in a simulator, and then take the plane to the skies, on your own. Its a really fine tuned, but rigorous process that you go through. But, people still like to get through it, even as it comes at a cost, because its a dynamic profession. No two days at work are the same. You make really good money. As you return home, you feel a sense of achievement.

I will really appreciate if you have some positive suggestions. Lets not have a debate for once, and concetrate on gettng me some help.

[haryanajat]

Hey Jeetendra !

So far I have got two kind of responses for my appeal. The first kind came from some really kind and generous souls who got my message by the word and gave me some really helpful advice and assitance. The other kind came just from you. It made no sense to me.

There are quite a few investment bankers from the Jatland community. Hopefully, they will agree with what I am about to say. The issues here isnt the cost of getting the education. It is all about the kind of education you get. For the four years of school that you go through, they groom you to be good professionals. Here you learn how to co-ordinate the knowledge you get in the classroom with real world events and applications. After we graduate, we go to work for wealth management companies, and because of the 4 year boot camp that te went through, things dont appear like flying saucers, to us. The second stage of your learning process is applying your skills at workpalce and learning from those who have been doing it for decades. The end product is a finely groomed wealth manager, who will step into the shoes of his mentors in the years to come. Its just like how you learn to fly in a simulator, and then take the plane to the skies, on your own. Its a really fine tuned, but rigorous process that you go through. But, people still like to get through it, even as it comes at a cost, because its a dynamic profession. No two days at work are the same. You make really good money. As you return home, you feel a sense of achievement.

I will really appreciate if you have some positive suggestions. Lets not have a debate for once, and concetrate on gettng me some help.
Bhai wooh tho saab thek hae. Par I have a problem with finance and economics. Can finance give me an equation or anything that will accurately predict price of a stock? If there is anything like that kindly let me know.
I have a problem with economics also. I know it is really boring subject but it seems no 2 economists agree on 1 theory or prediction. And usually they are wrong when they try to apply their theories to real world situations.

[dahiyarules]

Have you ever heard of hedge funds. They do a pretty good job at making money by applying their equations. Usually these equations are derived by economists.

No theres no secret formula to predict prices accurately. Formulas cannot factor human intentions. People behind corporations do a lot of manipulation with stock prices. And mathematical formulas are not immune to such actions.

Well I completely disagree with you about economicsts not agreeing on theories. Theories are naother word for propostions. You can twist them the way you want. Economists get a thin line drawn between them, depending on what school of thought they come from. I am from the Austrian School of thought (www.mises.org).

Econimics is not everyones cup of tea. ou have to fall in love with the subject. I think I am having a hardcore affair with it right now. This semester I ll be working on Game theory. Ever heard of "prisoner's dilemma." If you studied Microeconomics, you would have read about it slightly. And believe me its a lot of fun. You know my number, right? call me:850 339 0664. And we will talk more about it. Maybe I can pump osme wisdom into you.

[anujkadyan]

Hey Sumit,

Will be grt if you can share some of the online resouces of may be if you have some files you can mail it to me. I would love to read about economics. I am an engineer working in software ...
I have read economics during college and some online stuff.. but I need some stuff which starts from the basics and give me a good understanding of economics so that I can dig further into it.

Game theory is really really interesting and do share your final report or thesis once u r done..

And I totally disagree that finance and eco are not interesting.. well they are really really interesting .. More so cos of the unpredictability .. If u already know which formula to apply to get the result than whats the fin yaaar :)

Anyway a lot of it depends on our personal choice

[ashokkhatri]

Bhai wooh tho saab thek hae. Par I have a problem with finance and economics. Can finance give me an equation or anything that will accurately predict price of a stock? If there is anything like that kindly let me know.
I have a problem with economics also. I know it is really boring subject but it seems no 2 economists agree on 1 theory or prediction. And usually they are wrong when they try to apply their theories to real world situations.

First of all I would like to say that this was a post in the jobs/career section and not a post on which subject is better and which one is not. Secondly I have somehow a feeling that most of your posts are somehow controversial (I really hope that they are not).

Now coming to your questions about the subjects themselves so I having looked at both sides myself as I am a mechanical enginner and have a masters in Finance I would say that all the subjects have there limitations as well as strengths. Tell me one subject in which things are as they are, so as to say in physics we have quantam mechanics which makes things less predictable and then we have relativistic mechanics that changes all the classical physics and throws away all the predictions. In chemistry we always deal with probability distributions and shrodinger functions. Life sciences is whole another deal where we are still not able to determine how small changes /mutations can have such large effects. But the point is that these things dont make these subjects less interesing, rather they make them more intersting. Had there been a set mathematical equation for everything than what would we have learnt, computer programs can very well apply equations to come up with fancy models.

Further if you love mathematical equations so much then welcome to investment banking my friend, which is full of partial derivatives and schoasctic models. Its simply amazing to work with derivative instruments and making models to price them. And there have been many instances where people have made money based on these models and gaining on the market inefficeincies.

As far as economics is concerned its an amazing subject, as sumit mentioned game theory has tremendous applications in the real world. Corporations apply game theory to decide about their marketing strategies, nations apply game theoretic models to decide about their foriegn policies, and its used in warfare to determine the next action given the action of the enemy.

If only you try to really think before being a critic...

Best of luck anyway

Cheers
Ashok

[dahiyarules]

Hey Anuj !
I shall surely send you some electronic information on Game Theory. Just let me know your email at: sd02@fsu.edu .

One of the premieres of Game theory is Dr. Avinash Dixit. He has researhed extensively on the topic. His work has ben appreciated by none other than Dr. John Nash of Princeton University. Nash is famous for "Nash Equilibrium," and is a nobel laureate. The famous movie "A Beautiful Mind" is based on his life story. Goto: http://www.econlib.org/library/Enc/GameTheory.html to get more info on game theory.

I wanted to add a point to this post. People with engineering backgrounds tend to lead in careers in Finance and Economics, becuase of the quantitative bent of mind that they posess. If you ever thought of switching your career, this is your cup of tea. Do look into it.

Sumit

[anujkadyan]

THanks Sumit for the link and offering to share some material.

You can send it over to me at kadyan.anuj@gmail.com and that would be great.

Well yes I am an engineer and from whatever little I have read I have found economics to be really interesting and I also enjoy reading and knowing abt the stock market..

Carrer change..well yes I am working towards it :)
Thanks
Anuj

[dahiyarules]

I have got some postive responses so far. As eveyone has been reminding me not to bee too hopeful, I am doing my part. Rest lets see.

I want to acknowledge the grateful helping hands extended by the following:

1. Mr. Baljit Singh
2. Mr. Ashok Khatri
3. Mr. Rhot Godara.

Will keep ya'll posted.

[sumitpawar]

Hey Sumit,

Will be grt if you can share some of the online resouces of may be if you have some files you can mail it to me. I would love to read about economics. I am an engineer working in software ...
I have read economics during college and some online stuff.. but I need some stuff which starts from the basics and give me a good understanding of economics so that I can dig further into it.

Game theory is really really interesting and do share your final report or thesis once u r done..

And I totally disagree that finance and eco are not interesting.. well they are really really interesting .. More so cos of the unpredictability .. If u already know which formula to apply to get the result than whats the fin yaaar :)

Anyway a lot of it depends on our personal choice

frnd if u wanna study the basics of economics than u can try economics.about.com its a good site to know the basics even i use to refer it in my studies

happy reading :)

[anujkadyan]

Thanks sumit for the link. Will have a look at that.

[sumitpawar]

Thanks sumit for the link. Will have a look at that.

buddy if u have something good to share than plz also mail it me it will gonna help me in my MBA and also in my eco assignments :)


my mail id is sumitpawar110@yahoo.com

:)

[dahiyarules]

Hey Pawar !

Whats your specialization? And what courses are you taking. Give me some more info. I can share some resources from my University.

[sumitpawar]

Hey Pawar !

Whats your specialization? And what courses are you taking. Give me some more info. I can share some resources from my University.

buddy

its my first year so now Iam having all papers no specific but later in the second year I want to go for Mkting with Finance . Majorly even I am interested in investment banking and investing in stocks and managing folios so if u have anything related to it than plz forward it to me and also incase u need something than just let me knw :)