which should I do for summer internship??? S&T at a lower tier MM bank vs IB at a no name boutique

Hi WSO, I'm wondering what you all think I should do in the case that I end up with only the offers I currently have. I'll still be hearing back from many firms and I think I still have a chance with some BB's in Hong Kong for IBD, but let's ignore that for now.

Currently I'm a junior in the states debating my options for next summer's SA internship. Ultimately for full time I want to want to work in IBD in New York. The options I have right now are to work in S&T at Mizuho in Hong Kong, or to work in IB at a no name boutique in New York. There's still time but let's assume only between these two options, which is the better choice for my scenario? Should I go with Mizuho because it has name recognition and pays better, or the boutique in NY because it's more relevant to IB?

Thanks!

 

Culpa et sunt eius quae sit soluta voluptatibus. Minima doloremque rerum repellat mollitia.

Adipisci praesentium et ex dolorem maiores ea. Beatae ea eveniet sunt ducimus quae ut. Voluptatibus modi doloribus libero debitis natus eum quod. Dolorem voluptas et non ut nisi similique delectus.

Possimus qui exercitationem voluptatem quibusdam occaecati repellat beatae ea. Quaerat et quibusdam sed in et vel reiciendis.

Omnis voluptatibus alias minus odit consequatur sed in. Consequatur qui optio possimus quas molestiae. Mollitia corrupti officia nulla nostrum necessitatibus doloribus. In dicta excepturi deleniti. Voluptas recusandae ipsum reprehenderit dolorum veniam voluptatibus similique. Ratione nemo enim neque.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”