How to break into private banking?
I am a junior looking for a full time private banking position in the NYC area for 2025. I have internship experience with a sophomore consulting internship in financial services. Additionally this upcoming summer I will have wealth management related internship at a large asset management firm. I am concerned about the fact that I am not a finance(management) major and have a low gpa around 3.1/4.0. Would appreciate any tips for networking and applying to roles. Thanks
Bump
Hello! I’m starting full-time private banking this coming summer. For context, my two prior internships were in wealth management and commercial banking. I think it’s great you’re trying to get ahead of the game by preparing before most 2025 FT PB applications open. I think the wealth management internship will definitely help show your interest in PB despite not being a finance major. You definitely have time, but I would consider applying in the summer towards the end of your internship (July/August) for the reason being that you want to have relevant experience on your resume and speak on what you’ve accomplished during your internship. As far as networking goes, I only reached out to a PB analyst once I secured an interview, but it never hurts to reach out to alumni from your university to see if they can help in terms of interview/HireVue preparation. As for your GPA, you should definitely work on getting it to at least a 3.3/3.4, since some firms require this. Otherwise, I wouldn’t include it on your resume. Even though I haven’t started yet, I hope this helps. PM if you have any other questions.
Sit modi illum et aut facilis esse labore. Vitae dolorum facilis neque nulla est enim voluptas. Similique impedit ex eos aut iste omnis quia. Quo odit rerum cupiditate unde nam aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...