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All Posts, Finances & Retirement

Money Monday: Tips on Having a Successful Internship

It’s that time of the year when students are getting a taste of what it’s like to bring home the bacon with summer internships.

Before I delve into this post, I just wanna say I’m so glad I was born in 1975 because I never had to worry about internships early on as a student. In high school, I was biking around the neighborhood and volunteering at the hospital. In college, I was desperately trying to pass Physics and surveying trees at Forestry Camp. The only time I ever had a paid internship was the summer in-between my 2 years getting my MBA. I hated it, but that was irrelevant. Just because you detest the work doesn’t give you license to suck.

Tip #1: Underpromise and overdeliver.

Tell whoever you report to that while you’ve never done this kind of work before, you’re going to work day and night to make sure you understand the ins and outs of the business. This is very important: this is your opportunity to absorb and learn. If you don’t know, ask questions! You’re the intern. It’s ok to not know. After your internship is over, if you still don’t know, that is a big problem. You probably won’t get hired and if you do, that’s worse because you won’t know jack shit and people will wonder why you’re such an idiot. You will never get this opportunity again. Don’t let it slip. Ask, absorb, learn, network. No question is a dumb question. Ask, ask, ask!

Tip #2: Appearances are everything.

Wear a suit. Dress a notch better than everyone else you will interact with. Be the first person at work. Be the last person to leave.

Tip #3: It’s not about you. It’s about your boss.

Forget about all those thoughts in your head about whether or not this is the right job for you. It doesn’t f*ing matter. When you’re staring at a handful of offer letters, that’s when you can start having those ‘What do I want to do with my life?’ conversations. Right now, it’s all about having a successful internship and landing an offer when the internship is over. Bottom line: make your boss look good. Your job is to make your boss’s life easier. If you notice that your boss is spending an inordinate amount of time running reports, learn how to run those queries and take on that responsibility. If you notice that during meetings no one takes notes, then take notes and distribute them to the team. What a great resource for someone who missed the meeting or isn’t able to attend! Seize opportunities to make yourself be useful. Don’t wait for people to tell you what to do. Don’t be a monkey! Be a problem-solving, creative human being.

Tip #4: Understand the culture and play the game.

During the start of my internship in graduate school, the recruiting manager talked about how this was the first time they were putting together a formalized internship program. She had conceived of the idea herself and was very proud of how the company had rallied around her idea.

At the end of the summer, the recruiting manager asked for feedback. A fellow intern, I’ll call him Larry, proceeded to give her very detailed, very critical feedback on how the program could be improved. Everything he said was warranted, but foolhardy. Larry didn’t know how to play the game. As he continued his critique, I could see the recruiter manager hang her head solemnly. She looked very upset.

After the room had cleared out, I went up to the recruiting manager and said, “I just want to say that I’ve never been a part of an internship program before and you did such an amazing job. It was extremely well-organized. I especially liked how you balanced the technical seminars with the networking events. I’m looking forward to applying all the knowledge I’ve learned this summer when I hopefully work here full time. And I owe that all to you. So thank you so much. I know it will make the transition that much easier.” She thanked me for those words and told me how much they meant to her.

I understood the culture. I mean, this wasn’t investment banking or management consulting. Sure the recruiting manager was looking for feedback, but you’ve got to read the situation and people properly. I couldn’t have picked a more opportune time to make someone feel good about herself and the work that she did. She was going to tell the hiring manager that she loved me and I knew that it was only a matter of time before I received an offer. Even though Larry was a rockstar intern, he was denied an offer. I’m sure the recruiting manager had something to do with that!

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06.24.13

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Comments

  1. Janine Huldie

    June 24, 2013 at 5:06 pm

    Wow, can’t even believe Larry would be so foolish as to give his real opinions when asked. You are right you need to know the culture as well as what to say and what not say when asked. I worked in both office setting and schools teaching and would never dare to say anything without thinking it through first. So, honestly couldn’t agree with your more on this and think you gave some wonderful, solid advice here.

    Reply
    • Catherine

      June 25, 2013 at 9:41 pm

      Thanks Janine! I wish someone had given me this advice before I interned. I think I’ve come a long way since then.

      Reply
  2. The Dose of Reality

    June 25, 2013 at 4:07 am

    Fantastic tips. Just fantastic. Everyone starting an internship (or starting their first job anywhere) should read them. Well done. –Lisa

    Reply
    • Catherine

      June 25, 2013 at 9:43 pm

      Thanks so much Lisa! I think kids have so many resources at their disposable these days that I did not (like googling, reading blogs, etc.). These are tips I wish I had known before I started my jobs/internship!

      Reply
  3. Michelle

    June 25, 2013 at 12:50 pm

    Great advice! Internship or no internship, when you’re in the business world (and you’re not the boss), you need to know how to read the situation and when to keep your mouth shut!

    Reply
    • Catherine

      June 25, 2013 at 9:45 pm

      Thanks Michelle! I was listening to a segment on NPR about the importance of soft skills and how teenagers who are vying for jobs do not even realize what soft skills means. There is so much we can teach our children!

      Reply
  4. Nellie

    June 26, 2013 at 9:54 am

    Larry was a bit of a jerk huh? You are so right when you said you have to know the culture and play the game. If anything Larry should have used her as a potential reference or networking alliance in the future.

    Reply
    • Catherine

      June 26, 2013 at 11:45 am

      I know! Poor guy didn’t have his social skills radar on!

      Reply

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Welcome to my site, derived from an advice column I wrote while getting my MBA. I live in the San Francisco Bay Area. I give helpful, opinionated advice based on my own experience and from the expertise of my extensive network. For more, click here.

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