I got offers at a Merrill Lynch PWM and at a regional commercial bank as a Credit Analyst Intern, Union Bank.
Which should I choose as a Sophomore summer internship? If my end goal is IB.
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I say PWM. But really either is fine. In my opinion that is.
Is PWM in NYC/LA/SF/Chicago or is it a smaller office in a suburb? Is it paid? I'd say that credit analyst might be better as everyone in industry knows PWM freshman/sophomore internships are largely bs. The brand name is a plus, but if you can do real finance, credit analyst may be better.
Its in Newport Beach, CA and its unpaid. Yeah thats my dilema, a brand name on my resume or a chance to differentiate myself
I'd go with credit. You'll get a more bottoms up approach and get more exposure to analyzing financial statements. Plus you can pick up any PWM internship during the school year and do it part time.
I would take the brand name. If your in a pile of CVs and they are scanning, BoAML will stand out more. In my experience recruiters don't seem to care what you did - its all about where you have been/who you know (up until the interview stage). Just my opinion.
take the paid...why waste a summer at an unpaid place where you can just pick it up during fall...
but if ml is in spring and union bank is in summer, then take both
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