As I finish up the fourth week of my internship I can’t believe how fast the time has gone. Over the past few weeks, I’ve learned a lot about office etiquette, accounting and finance, and most importantly how many times it is socially acceptable to eat at Chipotle for lunch (the limit does not exist).
Throughout the few weeks I’ve been here I’ve also learn a few important practices to make the most of a summer internship.
During the first few weeks I spent a lot of time working with an analyst and associate as they walked me through some of their common assignments. Although I was basically just watching, I realized how important it is to take advantage of this time and ask questions about what I’m unsure of as well as take notes on processes that I might forget. This enabled me to feel much more comfortable when working on my own and helped me to make sure my deliverables were properly formatted and accurate.
I also learned the importance of double and triple check ALL of your work. This principle is crucial in any internship and on any deliverable, email, and even rough draft. In my experience, it’s always better to take an additional minute and check your work to avoid mistakes like sending your superior “SIGNED” documents labeled as “SINGED” documents.
Lastly, I learned that there might be times during an internship when you feel like you aren’t doing anything important. Although it can be tempting to want to go home early on nights when you aren’t that busy, I’ve learned that its far more beneficially to stay and continue working on tedious work. By staying a little later with my co-worker, I’ve been able to help with more projects and really make the most of my experience.
On the way to the first day of my internship with Boenning and Scattergood, I thought a lot about how the next 10 weeks would help me develop professionally, learn more about finance, and most importantly if I would enjoy my experience. I arrived at the office building 15 mins early, and headed upstairs to the small suite where I would be spending over 400 hours of my summer only to realize that I was locked out. Anxious to not appear late on my first day, I tapped on the glass door a few times and eventually caught the attention of one of the analysts.
The first day was filled with a tour of the office, getting acclimated to where I would be working, and getting to know my new co-workers. After lunch, I was able to help another analyst revise a proposal to a client and make stylistic changes to a power point template. Although the work that I was doing on the first day wasn’t incredibly intriguing, I was able to learn more about the role of an investment banking analyst and was happy that there was real work that I could do. We began wrapping up around 7pm and I arrived home exhausted, but very relieved that my first day went well.
The rest of the week I worked on client presentations, learned how to navigate the financial database, helped work on a model, and continued to modify power point templates. Each day I learned more about finance and accounting, about the specific challenges that come with working with small companies, and realized the infinite amount of information and ongoing learning that investment banking entails. It was a fairly calm week, with four of the senior bankers out of town until Thursday, leaving myself, an analyst, and an associate in the office. Although we were about to leave around 6pm each day, everyone assured me that it was an unusually calm week, and that I could expect longer hours to come.
Although I will definitely need to long weekend to recover, I am looking forward to the remaining nine weeks and am assured that this summer will be, at the very least, a tremendous learning experience.