Jefferies CEO Shares 15 Pieces of Advice He Wishes He Knew as a Summer Intern on Wall StreetInterns at Jefferies embark on a 10-week program with a pro-rated salary of $110,000 for the internship period.

BySam Silverman

Isabelle OHara/Shutterstock
Entrance to Jefferies LLC, a global investment bank and institutional securities firm, at its midtown Manhattan headquarters.

The CEO of investment banking firm Jefferies is sharing his wisdom on social media for the bright-eyed summer interns working on Wall Street.

Jefferies, which reported total net revenues of $1.28 billion, according to itsend-of-first-quarter March 2023 financial report, is set to host its latest class of interns in a 10-week program with a pro-rated salary of $110,000 for the internship period, according to ajob posting on its website.

CEO Rich Handler, who has been at the helm of the 60-year-old company for 22 years, took to social media to offer advice to the new batch of workers on Wall Street. Here are 15 pieces of advice he says he "wish[es] I was given when I first started."

1. Don't be afraid that "your questions will be perceived as weakness."

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2. "The best interns will always be the ones without the sharp elbows, that connive to make themselves look good at the expense of others."

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3. "You may have to ask others to get the answers you need."

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4. "Don't be intimidated by anyone at the company as we are all real people doing the best we can on a daily basis."

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5. "There are no stupid [questions], but be mindful of what is going on when you ask."

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6. "Always check your work before submitting it. Maybe check it twice."

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7. "Learn something about all other areas of the firm."

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8. "It's all about the attitude."

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9. "You are now in the real world."

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10. "Take ownership of your mental and physical health and speak up if you need help."

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11. "Clients are our lifeblood."

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12. "There are many reasons why a match might not be made, and it is not a reflection on your career potential."

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13. "Your most precious asset you have today and throughout your life is your reputation."

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14. "This is not college. You are an adult and we will treat you like one."

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15. "Those of you who feel you are competing with each other versus learning from each other will lose."

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Sam Silverman

Entrepreneur Staff

Content Strategy Editor

Sam Silverman is a content strategy editor at Entrepreneur Media. She specializes in search engine optimization (SEO), and her work can be found inThe US Sun,Nicki Swift,In Touch Weekly,Life & StyleandHealth. She writes for our news team with a focus on investigating scandals. Her coverage and expertise span from business news, entrepreneurship, technology, and true crime, to the latest in entertainment and TV news. Sam is a graduate of Lehigh University and currently resides in NYC.

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