Which internship would you choose for future IBD/consulting?

A. Summer Analyst at a 1 Billion worth P.E shop in Hong Kong

B. D.E Shaw Proprietary Trading PROGRAMMER intern

I know the DE Shaw name is bigger, but would the programmer part pigeonhole me (I do not want to be a quant geek, even though I major in Operations Engineering)?

Would future employers find the summer analyst job more relevant? or would the DE Shaw name help me go further?

and one other concern for the PE shop would be if people would have doubts about the no name PE shop overseas? i mean it probably wont show up on my employment history on a background check and the only proof i have will be a letter from the CEO..

 
Best Response

ah i didn't catch that. DE Shaw is a very legit name...but the stuff that you would be doing there aren't quite related to IBD...however, since you are a sophomore, I think it doesn't really matter that much...go with the DE Shaw name...i think it's important for a sophomore to build a strong resume and name actually matters for a sophomore...whereas if you were a junior, i would have said go with the one that is similar to what you ultimately want to do

you can always have a reason WHY BANKING based on your exp at DE Shaw...if you work there, banks know that you are not a joke and you are quite legit (and you did that as a sophomore, which i think is impressive)...so you can always put a spin to it and say that you enjoyed the highly analytical and quantitative environment at DE Shaw (banks love to hear that you are analytical and i think this isn't bullshit if you worked for DE Shaw) but you want to go into banking because blah blah....you don't have to talk bad about your exp at DE Shaw, but just put a spin to it...u know?

DE Shaw all the way

 

if you were a junior, this would be a much more difficult question. but as a sophomore, the brand name is everything. you will NOT get pigeonholed this early in your career.

you WILL get interviews next year for finance roles fairly easily, and from there, it's up to you.

 

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