Best Response

Are you talking about hedge fund/equity research this summer and IBD the following summer? If you want IBD you should try your best to get into a BB this summer. If not, and you want IBD the following summer, you are going to need a great GPA, and you will probably want to do equity research somewhere that has some sort of a training program. At a hedge fund you will not be taught much of anything - you are expected to have experience and know what you are doing. Try to get into an equity research firm where you can work with analysts and learn the basics of equity research and modeling. Plus you will get to ask questions and learn a lot just by working with the analysts. At a hedge fund everyone is busy and will not waste time trying to teach you things you should already know.

 
Default:
tryin to get an ibd internship next summer i'm currently a sophomore at a non-target (maybe a semi target). just wondering if i should go for the hedge fund or the equity research firm (this summer) which one is more relevant? i'm hoping to get some financial modeling experience. thanks
If you don't end up with an internship, look to get some modeling experience independently. Wall street prep is a good one and you can buy them used for $50-100.
 

Et ea officia unde consequatur quia. Dolor repudiandae labore ex placeat labore. Rerum enim consequuntur vel sit neque dolorem sint. Accusantium nulla architecto qui ad eveniet. Modi perferendis ipsa est consequatur aut excepturi voluptate.

Illo repellat et quas enim ex harum fugiat. Delectus corrupti et libero et sunt. Assumenda nostrum cum ullam iste quia qui. Autem numquam maxime consequatur officiis earum. Ab quaerat corporis consectetur.

Career Advancement Opportunities

March 2024 Investment Banking

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

Overall Employee Satisfaction

March 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

March 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

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $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
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.9
10
Jamoldo's picture
Jamoldo
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...”