Got an offer!...now what?
I'm a rising junior who just finished up an internship in DCM. On my last day, the head of my group took me out to lunch and said that I really impressed him and that there'd be a spot for me next summer if I wanted it. He also said he'd be able to get me onto most of the FI-related desks on the floor if that's what I wanted, or give me a strong recommendation for corporate finance.
Long-term, I'm pretty sure I'm interested in trading but I'm not sure of the benefit of a trading internship. And while I liked my group, I'm also not sure what the value of summering again on the same desk is. That leaves me looking at corporate finance (I'd much prefer M&A because of the heavy analytical focus), which I'm interested in at least giving a shot.
The dilemma is that if I ask my boss to help me get a spot on the floor or come back to DCM, I'm basically guaranteed a job, whereas if I ask for a rec for IBD, I'm only guaranteed an interview. And if I don't get hired in IBD, I don't feel like I can come back and ask for a job again on the floor -- I feel like that's using up my goodwill.
I do have until December to decide, but I was wondering if anyone here had any input/perspective.
On a related note, how should I keep in touch with everyone until December?






Take the sure thing.
Take the sure thing. Especially in this environment.
agreed
Take the sure thing. Especially in this environment.
agreed...if anything you can always apply/look for other work after next summer...with some luck things will be better then than they are now.
Let me know if you don't
Let me know if you don't take the job, I'm available budd,
:)
ill take the job
ill take the job
Double agree...
Take the sure thing. Especially in this environment.
agreed...if anything you can always apply/look for other work after next summer...with some luck things will be better then than they are now.
Def. take the for-sure-thing.
"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so."
- Ronald Reagan
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I'm also not sure what the value of summering again on the same desk is.
How about improving the likelihood of being gainfully employed upon graduation?
Take the sure thing.
Just to clarify, when you
Just to clarify, when you guys are saying "Take the sure thing," do you mean just returning to that desk, or giving a trading desk a shot? (My boss seemed to imply that he could get me onto a trading desk with little difficulty)
Financial Modeling Training
Guide to Finance Interviews
Returning to the desk
Returning to the desk
The benefit of a trading
The benefit of a trading internship would be getting to meet traders and potentially getting a job on the trading floor. I think you should keep that in mind as well.