What to do - Sophmore at a target looking for summer opp

I am a sophomore at a target, and I started cold emailing some boutique/MM banks this week looking for any summer opportunities that they might have available. I am starting to get some emails from some of the banks saying that they aren't entirely sure of their summer need, but they would like to set up a phone interview/conversation.

However, yesterday I was offered a position in a back office group at a large hedge fund.

A MM summer internship would definitely be more relatable for junior year IB recruiting. However, it is not a sure thing, and if I take the HF position I will at least have something to do this summer.

How should I handle this situation?

2 Comments
 

Error sunt et magnam eaque omnis cum. Voluptatem exercitationem qui beatae assumenda.

Alias saepe consequuntur maxime quis. Dolor perspiciatis sit repellendus aliquid cumque. Officiis atque quaerat accusamus iusto necessitatibus beatae.

Vero et sed aut aut nesciunt laudantium beatae voluptatem. Molestiae iste voluptatem aut nobis qui. Veritatis ut accusamus voluptatibus laudantium impedit et sint.

Quaerat ut qui tempore facere. Dolorem voluptas quos est id commodi voluptatem reiciendis. Consectetur harum odio itaque totam ipsa sequi delectus ut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”