Knowing the market and operations of investment banking
What I wish was different
That there wasn't COVID and the internship could have more project experience
Advice
Investment banking internships really pay attention during interview about the past related experience
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Project Intern
June - August 2021 • Guangzhou, Guangdong
What I liked
My two months at CICC’s Wealth Management section have been rewarding. I first participated in a series of rigorous training programs, learning about the ins and outs of stock markets, the investment banking industry, the way CICC operates, the various financial services our department offers, etc. I was then assigned to work with the Institutional Wealth Management (IWM) team, where my main responsibility was to identify target clients. Through research, I analyzed which companies/governmental agencies had needs in wealth management or other financial services, and then wrote reports to communicate my findings. In the meantime, I have also handled duties in areas of compliance, due diligence check, and preparation of materials to support the sales team. I also shadowed my head supervisor to sit in 30+ meetings and lectures to further learn about what other teams in the company are working on. Moreover, I enjoyed every lunch conversation with my senior coworkers where I asked them about life choices, career advice, world insights, etc.
What I wish was different
Though it was a great experience, I wished to get to know more about how actual trading is done. (I'm mostly in the front-end learning how to find and interact with clients.
Advice
Reach out more to your supervisor and ask them questions. Talk to people you meet at work to see how they got here, what they like about their work, and what they don't like.
