If you're a good student and you're wondering why your application for a summer internship in an investment bank has come to nothing, you may want to have a look at some of the people who have landed summer intern roles in investment banks for 2015. Put simply, they're exceptional.
In the same vein as Shuaib Chowdhary and Haydn Pole, the second year Cambridge University and London School of Economics students respectively with 11 internships (each) to their name, many of this year's coming interns have already completed internships. Lots of them. They are also academically gifted, laden with prizes and senior members of investment societies. Read the profiles below and weep.
Josh Goldman, incoming investment banking summer analyst at Morgan Stanley
Goodman is a student of mathematics and economics at the London School of Economics. Last year he scored 80.33% (equivalent to a first class degree) across his subjects. He has 3 A*s at A Level and was the head boy at school. He's been a spring intern at Barclays and Citi and is the president of the London School of Economics Alternative Investments conference.
Kaelan Ong, incoming investment banking summer analyst at Morgan Stanley
Morgan Stanley's IBD division seemingly has a type. Like Goodman, Ong is also studying at the London School of Economics and is also on track to get a first class degree. He too has impeccable A Levels (4 A*s) and he's already completed spring internships at Credit Suisse, Barclays and Morgan Stanley.
Vibhav Sajjan, incoming summer analyst at J.P. Morgan
A mathematics student at Imperial College, Sajjan achieved 3 A*s and 2 As at A Level, along with two As at AS Level. He's got a Gold Duke of Edinburgh award, is the co-president of Imperial Investment Society and ranked near the top of the IFS Student Investor Challenge. He's already been a spring analyst at Goldman Sachs and is due to join J.P. Morgan this summer.
Yassine Bahemou, incoming sales, trading and research summer analyst at J.P. Morgan
A third year economics student at University College London (UCL). Bahemou achieved three A*s and one A at A Level. He's a member of the UCL Economics and Finance Society, the Investment Society and the Business Society. He's completed a spring internship at RBS and a sales and trading insight day at Morgan Stanley. He's also been through a rates and credit sales summer internship at UBS and spent one month as an intern at insurance firm Aon. Despite being in his third year, Bahemou is preparing to complete another summer internship at J.P. Morgan in 2015 - after he's graduated.
Leonardo Fabbri, incoming securities summer analyst at Goldman Sachs
Fabbri is a reassuring anomaly: he hasn't studied one of banks' favourite universities (he's at Brunel), he isn't in charge of an investment society and he hasn't done been on the spring internship merry-go-round (although he has been a spring intern at Goldman Sachs). Nonetheless, he's landed a summer internship in Goldman's securities division. What makes Fabbri special? It probably helps that he came in the top 10% of entrants to the Bloomberg Investment Competition, that he spent a month working for a brokerage firm in Monaco, and that he's interned at the United Nations in Rome and New York.
Marin is based in the U.S. and will be interning at Goldman's New York City office this summer. Banks don't offer spring internships in the U.S., so Martin hasn't got the usual array of one week internships to his name. He has, however, participated in a 'Goldman Sachs Securities Insight Day,' a 'Discover Goldman Sachs Camp' and the Barclays' pre-internship STEMS program. He's studying economics and maths at Dartmouth College and achieved a 96% grade average at high school. Oh, and he was a model for Abercrombie & Fitch.