Frequently Asked Questions

Do I have to pay any fees before signing the contract?

No, fees are only required to be paid after signing the contract with Into City Prep. We offer convenient payment options, including installment plans without any interest charges. These fees cover the comprehensive internship placement and career support services provided by Into City Prep to ensure your success.

What is the duration of the installments?
If you choose an internship lasting 3 to 6 months, the fees can be paid over 4 months. If your internship duration is 1 or 2 months, the fees can be paid within 3 months.
Will I know which company I will be doing the internship with?
After signing the contract and making the payment, you will be guaranteed a placement in your desired field. However, the specific company name will not be disclosed until you have been selected by one of our partner firms. We distribute your CV to various companies and once one of them chooses you, you will be informed of the details. On average, our partner firms have a team size of 5+ people and handle transactions worth $2m-$50m USD.
What type of companies do you work with?
Our partner firms primarily specialize in front office finance roles in investment banking, asset management, private equity, venture capital, and trading. These industries offer ample earning potential for post-graduation careers.
What is your success rate?
Our clients have a remarkable 93% success rate in securing a job within 5 months of completing the internship. The average earning potential after securing a job is between USD $170,000-$190,000 in total compensation.
Can I fulfill university requirements with this internship?
Generally, Yes! The internship can be structured as a learning experience to meet your university requirements such as Co-op programs or Optional Practical Training (OPT). However, please note that the internship is unpaid.
When can I start the internship?
It takes approximately 4-6 weeks to secure the internship placement after signing the contract. For example, if you apply in September, you may start your internship in October or November. Early applications are highly encouraged, as places are limited and highly competitive during peak seasons.
Is the internship guaranteed?
Absolutely, the internship is guaranteed. We have strong partnerships with our partner firms and as the internship is structured as a learning experience, it is an unpaid opportunity, incentivizing our partner firms to participate.
Who is suitable for this opportunity?
This opportunity is ideal for individuals who are motivated to work in finance and have a clear idea of their desired area within the field. For students, we are a great fit for those in their penultimate year or above. Working professionals seeking a career transition into high-paid finance roles can also benefit from our services.
Can you help if I am unsure of my desired area in finance?
Of course, we offer rotational internships for durations of more than 3 months to help you gain exposure to different departments across investment banking, asset management, private equity, and trading.
What is the duration of the internship?
The internship can last anywhere from 1 to 6 months, with longer durations providing a more comprehensive experience.
Can the internship be flexible to fit my schedule?
Yes, the internship can be flexible with 70% of our clients opting for this option. As long as you can commit 20-25 hours per week, including weekends, you will greatly benefit from the experience.
Is the internship remote or in-person?
Our internships are flexible and can be done either remotely or in-person, depending on your preference and the current global circumstances. Currently, 85% of our internships are being conducted remotely and all you need is a stable internet connection. This remote aspect will not affect the listing on your CV and professional references, as it will be presented as a regular internship experience.