posted: Apr. 20, 2008 @ 2:03p
1. Job market is very tought righ now, esp. for finance.
2. Being a sophomore does not help either. Juniors get a preference, becaues they are graduating next year, and the internship is more like an extended interview.
3. What school are you attending? That might have something to do with it too. What city are you in, and where are you looking for internships.
4. You might want to downgrade your expectations and do something else.
5. From the description you have provided, it is not clear what type of job you are looking for. "Financial firm" can mean anything: depositary institution, investment bank, insurance company, tax company, consulting company w/ an M&A arm, you name it. Care to provide more detail?
6. All those firms that say you are the top candidate. You can make them put up or shut up. If you are savvy, you can directly ask them: would you consider me for an internship next year? I know next year is about one-and-a-half century in the future as far as the state of the financial markets is concerned, but you can still get some mileage out of "you are our top candidate". Get the phone numbers of hiring managers, HR, and rank-and-file employees. Call them at the end of the summer, call them in the fall. Don't pressure them to give you an internship next time (except perhaps for asking them once as I mentioned earlier). But keep in touch, so to speak. If they are really interested, they will do their part to keep in touch with you and maybe give you a stronger consideration than someone else in one year's time.