Which way is better? To break into BB

My Backgroud: Rising second year student of a French school (Target)

Long term goal: Break into BB (IBD or S&T)

Here is my situation:

Currently doing an internship in NYSE Euronext, the job is very much like ECM in a IBD involving some equity-linked origination and IPO execution in US and Europe. It's probable that the exchange is going to offer me an Alternance contract by the end of this internship. Signing the Alternance contract means I will work part-time here for the coming two years before I graduate, and the employer pays me salary every month as well as all my student loans.

If I don't sign this contract, the scenario will be: I have chance to accept intern offers from other firms, I am 80% sure i can find something to do in local IB like BNP and SocGen.

So, to apply for a summer intern/ FT jobs in BB, which one seems more competitive?

  1. Previous intern experience in both exchange and a 2-tier IB (say BNP, SocGen or HSBC), each half a year.

  2. Previsou intern experience in the exchange (both Equity and Debt department, 1.5 years)

Do you think the Alternance contract a good deal for me? How do you value the experience in an exchange ( i know it's not that usual for somebody)

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