Next Best Move: Real Estate to Finance

I'm a junior majoring in finance with experience in real estate project management. At my previous internships I assisted with cost analysis, contracting procurement and on site due diligence. The work was enjoyable, but I am more inclined towards investment banking or corporate finance rather than real estate development.

I have been networking with boutiques and have some interviews lined up, but I have a definite offer from a name brand PWM shop (think JPM, Morgan Stanley, Merrill Lynch). Obviously IB is competitive to break into and for that reason I have decided that I need a backup plan if banking does not pan out, and I am not interested in PWM or real estate. I am going to give a 100% effort into getting an IB position for the summer, but if I don't get an IB role, I need to find another internship in another industry. Graduating without a job offer is not acceptable.

My most desirable career outside of banking is corporate finance--specifically in a FLDP position. For the reasons mentioned and given my background--would a name brand PWM internship make me competitive for a FLDP type of a corporate finance role or should I be hunting for a more relevant internship for the summer?

Academic information: 3.87 GPA at a non-target

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”