Very different groups, I know.
1. with short term goals of learning as much as possible, hopefully adding value, and earning a FT offer at the end of the summer
2. long term goals of either climbing the ranks in the bank (if I am fortunate enough to earn the FT offer obviously) OR going on to a HF after my 2-3yr analyst stint. I have no interest in PE at this point, can that change, sure... but I enjoyed my sophomore sumer with a HF (working with a research analyst originally from a BB IB) and would like to head in that direction if possible. Have a couple friends at top PE shops, and the work does not appeal to me (at this point).