Administrative assistant in an investment bank?
I was offered an internship as an administrative assistant at a private investment bank. Would anyone recommend this position for a student who wants to have a career at an investment bank?
I would like to someday become a portfolio manager, would this be a good start?
Pretty much all internships are doors for people to get into the specific industry via entry level works. (Ie answering phones, filing, running errands, data entries, making coffee… etc.) It takes time to learn the operations and then more time to learn to manage in the field, dealing with different kinds of people. So firms like people to get their feet wet — but not with company time.
Unless the firm has a specific training program of interest, it is up to the individual to observe the details, the ins and outs and create value for the experience. The point is to trade time with a chance of getting your foot in the door. If they are already familiar with a person and like him/her before graduation, that would be a good impression.
Posted under Administrative Assistant Careers
Presumably you are attending college or graduate school with finance, economics, or accounting degrees.
I would look for a legitimate internship that gives you more experience.
If you accept this position, they may simply ask you back to be a full time administrative assistant after graduation, which is not what you want.
The only exception is: If you are younger than a junior in college, then maybe you can take the job, and apply for a banking internship in your junior year.
References :
Pretty much all internships are doors for people to get into the specific industry via entry level works. (Ie answering phones, filing, running errands, data entries, making coffee… etc.) It takes time to learn the operations and then more time to learn to manage in the field, dealing with different kinds of people. So firms like people to get their feet wet — but not with company time.
Unless the firm has a specific training program of interest, it is up to the individual to observe the details, the ins and outs and create value for the experience. The point is to trade time with a chance of getting your foot in the door. If they are already familiar with a person and like him/her before graduation, that would be a good impression.
References :