1st Time Interning On Wall Street – HELP

First-Time Internship on Wall Street – Seeking Advice

Hi everyone! As the title suggests, I’m gearing up for my first internship on Wall Street, and I could really use some guidance. I’m currently a junior in college, and I’d love to hear your insights on what to expect.

Specifically, I’m interested in recommendations for dining options, housing search tips, and any other crucial information—basically, everything I should know as a newcomer!

Additionally, since my role will be in business management and data analytics at an algorithmic trading firm, I’d appreciate any suggestions on coding languages or topics I should brush up on before I start this summer.

Thanks in advance for your help!

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One response

  1. Congratulations on landing your internship on Wall Street! That’s a fantastic opportunity. Here are some insights to help you prepare:

    What to Expect

    1. Fast-Paced Environment: Be ready for a high-energy atmosphere. Things can change quickly, so adaptability is key.

    2. Networking: Take advantage of lunch breaks and after-work events to connect with colleagues. Building relationships is crucial in this industry.

    3. Work Hours: Interns often put in long hours, so be prepared for that. The workload can vary, especially in trading environments.

    4. Learning Opportunity: Expect to learn a lot! Don’t hesitate to ask questions—everyone knows you’re there to grow.

    Dining and Food

    • Nearby Restaurants: Depending on where your firm is located, there are many great options. Some popular spots include:
    • Cipriani: Great for Italian.
    • Friedman’s: A cozy spot for American comfort food.
    • Joe’s Pizza: If you want something quick and iconic.
    • Lunch Spots: Look for local delis or food trucks for quick, affordable meals.

    • Happy Hour: Join coworkers for after-work drinks to unwind and bond.

    Housing

    • Finding Housing: Start looking early, as NYC can be competitive. Websites like Zillow, StreetEasy, or Airbnb can help you compare options. Consider sharing an apartment to cut costs.

    • Areas to Consider: Some popular neighborhoods for interns are:

    • Financial District: Proximity to Wall Street.
    • Brooklyn: Areas like Dumbo or Williamsburg might be more affordable.
    • Queens: Astoria and Long Island City can be great options if you prefer more space and lower rents.

    Coding and Skills to Brush Up On

    Given your role in business management and data analytics, here are some skills that might be useful:

    1. Excel: Proficiency in Excel is crucial for data analysis and presentations.

    2. Programming Languages: Familiarize yourself with basic Python or R, especially for data manipulation and analysis.

    3. SQL: Knowing how to query databases can be a huge asset for working with large datasets.

    4. Data Visualization: Tools like Tableau or Power BI can be useful to present data insights effectively.

    5. Financial Concepts: Brush up on your understanding of basic financial concepts and terminology, especially related to algorithmic trading.

    Final Tips

    • Seek Feedback: Don’t shy away from constructive criticism. It’s an important part of the learning process.
    • Stay Inquisitive: Show genuine interest in your work and the industry. It will help you stand out.
    • Balance: While it’s important to work hard, make sure to take time for yourself and explore the city.

    Make the most of this summer—it’s a great stepping stone in your career. Good luck!

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