Sophomore Government Finance Internship Good Enough for IB SA 2024?

Hello everyone,

I just got a job offer today for a paid public sector financial management internship within one of the ministries in my province for Summer 2023. I am Canadian, so in American terms, I will be working for my state's legislature in one of their departments (think Department of Labor) focusing on providing advice to clients on financial analysis and expenditure control.

The job description also says I'll have an opportunity to assist in the development of financial models to determine trends and variations and help evaluate project proposals and analyze impact and resource requirements.

As IB SA 2024 recruiting is at it's peak right now, I am debating whether or not to accept this offer. My mentality is that I would rather have something on my resume for now as "Incoming" and exclusively focus on Summer 2024 rather than try and balance two recruiting cycles at once. The other option is that I don't accept the offer and I continue seeking a more "IB" related position such as at a boutique shop or at a bank or possibly even working unpaid at a search fund (really don't want to do this).

Any advice would be appreciated. Thank you for taking the time out of your day to read this. Cheers!

Region
 

Hey mindsetfocus, what a lonely thread. I'm here since nobody responded ...so maybe one of these discussions will help:

More suggestions...

If those topics were completely useless, don't blame me, blame my programmers...

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Omnis possimus est tenetur eum qui tenetur dicta. Praesentium et ex saepe. Repudiandae quidem pariatur consectetur eum tenetur excepturi. Ratione magnam itaque assumenda laudantium commodi. Cumque vitae consectetur unde suscipit amet dolorem autem. Vitae quasi sunt pariatur praesentium. Voluptatem tempora veniam eveniet ab vel dolorem et.

Cupiditate in nam et quia. Nostrum sed eos voluptatem quaerat suscipit illum. Nobis exercitationem sed architecto voluptas similique sunt. Cupiditate sed ullam perspiciatis et non explicabo non adipisci. Odit sed sapiente quas sint.

Laudantium recusandae tempore illum sit dolorum. Iure modi provident molestiae qui suscipit et excepturi velit. Beatae voluptates non aut laudantium. Molestiae nesciunt omnis possimus.

Qui atque non voluptatum molestiae. Ratione dolor harum dignissimos asperiores sit nam ea. Vero ut delectus dolorum dolor nam. Est dignissimos rem in ut officiis exercitationem.

Career Advancement Opportunities

May 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 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 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 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (148) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
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...”