Anonymous User wrote:LawIdiot86 wrote:Anonymous User wrote:I'm a 2L, and I just accepted an offer with the Atlanta office. For the student who also did an summer there as a 2L, did you feel that the experience was very beneficial for your future job search? Thanks!
Sorry to answer your question with a different, unrelated question, but have you or any other SEC 2Ls been offered a paid internship this summer? My interview is this week and I'd like to have some idea.
Unless you're coming into some sort of weird program like WRP or SCEP, there are no paid internships at any division of (even OIG/OGC/Commissioners) of the SEC. They don't even have transit subsidy for interns.
hmm. Well, how do the other 2Ls out there feel about taking an unpaid, albeit awesome, position? I'm torn, especially considering I don't know how much of a boost, if any, it will provide when it comes to permanent post-grad employment. It would really suck to work for free for yet another summer. I pretty much need the money.
I haven't even been offered anything yet; I'm just playing out scenarios. Pay is a factor. So is potential boost for employment upon graduation/how many grads are projected to be hired 2013.
I don't know where this meme that the SEC is an "awesome" internship got started, but it isn't accurate. The SEC takes in the range of 150 summer honors interns and 75 more observer interns each semester; that's 300 kids plastering "SEC intern" on their resume. And they don't hire from their intern program; in a good year they hire 3-5 new graduates. Internships at the CFBP, OCC, FDIC, and especially the Federal Reserve (even a regional Fed program like Richmond, NY, or Cleveland) are a large large step above the SEC/CFTC/FINRA both in post-grad hiring potential and firm "boosts" in name recognition. The SEC is far better than say the NYS Dept. of Finance, but isn't "special."