Corporate Banking vs. Corporate FinanceCO
I am a sophomore and choosing between:
1. Corporate banking at a large retail bank (non-BB but top 10 in US)
2. Finance internship at a Global 100 company (one of those leadership development programs)
The corporate banking role is mostly credit management: syndicated loans/senior debt and some bond issuance but no equity issuance or advisory work. However, the day-to-day work seems similar as far as valuing companies and doing due diligence etc and the terminologies (live deal, pitch, etc) are the same
I love the global 100 company and the people there are really nice, but I'm afraidwill be slow and not challenging. Is this mostly budget analysis and the like?
I would really appreciate any advice you can give, as my deadlines are coming up next week. Which internship will be more exciting/have more learning opportunities and which will better prepare me (make me more appealing to) investment banks or management consulting firms for junior summer? The compensation is pretty much equal but i think the corporate banking will require more hours