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June Marks the Start of Many Summer Internship Programs on Wall Street.
Bi asced industry insists where interns hang out when they’re swimming all-bonders.
From Bars to Coffee Shops, See 5 Top Places Summer Internal Interns Will Go To See and Be Seen This Summer.
In the Next Two Weeks, Hundreds of College Students Will Descend New York City to Begin Summer Jobs on Wall Street.
To kick off the annual ritual, we are asced half a dosen industry insists to tell us the top hangouts for wall Street interns, know for planning out the Career poths in advance.
We Focus on New York City Because Its the Financial Capital of the World, Boasting Top Investment Banks Like Goldman Sachs, JPMORGAN, and Morgan Stanley. The People We Spoke to Include Recent Interns Who Are Starting Banking Jobs or Now Work In Private Equity, As Well As Some Who Are Still But Live in New York.
They Told Business Insider That Summer Analysts Will Be Spending Most of Time in Their Office. That’s Because the No. 1 goal of an investment banking internship is to get an offfer for a full-time jab after gradation, Known as a “return offer.” To that, interns have to prove their work etic and commmitment-often by jaining the full-time junior bankers in clocking in 80- to 100-hour workweek.
“I don’t think of Ever Went Outside of the Office Except to Sleep That Summer,” One Second-Eyar Investment Banker Said of their Intern Experience.
Still, IT’S SUMMER – And the Busy Interns Wauld be Wise to Find Time to Network With Other Future Rainmakers. So where they be in the few hours a week the manage to break away from Excel Spreadsheets and the whims of their bosses?
From Bars and Clubs to Coffee Shops – Here Are 5 Spots (Plus A Few Honorable Mentions) Where You’ll Be Surat to Find Wall Street interns This Summer in New York City.
Brass monkey
The Outdoor Patio of Brass Monkey Viewed from the High Line Above the Meatpacking District in 2017.
George Rose/Getty Images
This bar was mentioned Most Among Bi’s Sources. Four industry insists, from newly anointed Bankers who were interns last summer to me senior professionals, Said Brass monkey Was Popular Among Finance Interns. IT’S in the trendy Meatpacking District on Manhattan’s West Side, and Offers Three Indoor Bars Plus a Rooftop Terrace.
An Incoming Banker Investment Who Intens Last Summer in Nyc Described it as a popular place to begin a “for People going to and from Dinner in the West Village” and Other Nearby Hot Spots.
“The First Friday and Saturday Night, The Line is Crazy Long. IT’S SO FUNNY,” SAID AN INCOMING INTERN WHO LIVES IN NEW YORK.
The Food Menu Offers Standard American Bar Fare Like Nachos, Chicken Tenders, and Buffalo Wings, while the Drink List Features a Ton of Beers and $ 16 Cocktails with Like “Summer Stock” and “Swizzle with Timbers.”
Phebe’s tavern
PHEBE’S TAKE AT 361 Bowery Street New York University’s Campus.
Phebe’s nyc
Four People Told US About Phebe’san east village spot that’s been Around Since 1968. Its an eatery during the day, offering standard bar, but also pasta and steak. (It also randomly claims itelf as the top bar for cincinnati bengals fans in nyc.) But it’d unil 4 am on the weekends, wen it turns into a “Known intern bar,” Acciting to a former banker who works in private equity.
Indeed, this Spot has ben Featured in plenty of memes on Wall Street social media Pages and online forums, Including Instagram Account overheard on Wall Street.
“It ‘s an early-in-the-night spot that just starts with interns,” Said the person who previously worked at a bulge bracket investment bank. “IT’S RIGHT NEXT to the Bowery Hotel and Full of Early-20s People Running Around Everywhere.”
Hair of the dog
Hair of the Dog at Night in the Lower East Side in 2021.
Alexi Rosenfeld/Getty Images
Established in 2012, Hair of the dog Describes itself as a place “Where Old School Watering Hole Big Time Sports Bar” on Manhattan’s Lower East Side.
“It ‘slash spots bar vibe for all the finance bros to hit,” Said a person who previously worked at a bulge bracket investment bank.
The Incoming Investment Banker Described It As a Late-Night Spot for Interns and People in their Early 20s, Saying It ‘Small, Crammed, Loud, “With” Old/New Music Mixes in a Grungy Location. “
Blue Bottle & Black Fox Coffee Chains
Blue Bottle Coffee Shop in Los Angeles
Thomson Reuters
Networking is a musty for wall Street interns, who are eager to make a lasting impression in an efffort to score a full-time jab. That tend to lead to 1-1 coffees with employs and managers during the work day. The People who spoke to bi said there are two two go-to networking hotspots for the finance ilk, all of the coffee chains.
Black Fox Coffee is a new York Company with Three Manhattan Locations – One of which is particularly popping with bankers.
“For Midtown/Park Ave People, Black Fox Coffee at 550 Madison is popular for chats,” Said the junior banker who works in private equity.
This person also mentioned Blue Bottle CoffeeA Cafe Chain That Got Its Start in California, but Which Now Has About 20 Locations in The New York Metro Area. This chain is more ubiquitous, but you’ll find the most finance folks at the Ones Closest to Office Hubs – like in midtown on 52nd street. (It is deen a standout for this business insist to catch up with industry sources Across Manhattan.
Swingers & Sports Sports
Mark Zuckerberg Playing Ping Pong at Spin in 2017.
Spin
While Their Names May Conjure Up Images of Promiscuous Night Clubs, Swingers is an indoor mini golf courte and Spin is a “ping pong social club,” Acciting to its website. The People Who Spoke to Bi Said they’re Spots for Team Events (Kind that Companies Will Put on and Pay for) in the Summer.
“We were just have random intern social events there,” Said the former junior banker who works in private equity.
Some Honorable Mentions
Three Men sitting at an outdoor bar in Manhattan.
Lisa Blue/ Getty
Honorable Mentions Included Mr. Purple, another rooftop bar on the lower east side that a former junior banker who works in private equity described as a “classic meme-y nyc club.” It ‘s “a place for interns to feel like they can and be seen,” Added the person who previously worked at a bulge-bracket investment bank.
Pianos, Yet another Lower East Side Bar, “Has Live Music and Usually A Line Out the Door of People Who Way too Young,” Said the person who previously worked at a bulge bracket investment bank.
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