As an intern we were required to come in at 7:00am we would then log in to our Bloomberg Terminal where we would then work on various project throughout the summer related to the system. We would also job shadow a different job on the trader floor everyday such as a fixed income trader, a fixed income salesmen, Underwriter etc. In addition to this we would experience product teach-in's on each specific fixed income product to get a better understanding of its usage and impact. Piper offers all fixed income products but specializes within the municipal bond product. In addition to our teach-ins, we interns were given the opportunity to job-shadow various roles on the trading floor such as:
1. Data Analytics
2. Fixed Income traders
3. Fixed Income Salesmen
5. Back office team
6. Middle market team
I was also given the opportunity to participate in a speaker series. Every Thursday, all interns within Piper Jaffray & Co. would meet with a member of the executive team. We were able to ask questions and connect with powerful players in Piper’s pipeline.
The culture is very accommodating for young professionals striving to learn about the investment banking world. The people are always willing to talk and always ready to give words of advice.
The hardest part of the job was becoming fluent in the Bloomberg terminal. As an intern, realizing the power of Bloomberg was almost overwhelming and trying to grasp the fullness of its capacity took a lot of experimenting and learning.
The most enjoyable part of the job was the team.