AM Internship vs IB Internship

Hey guys, I'm currently a college sophomore (going into sophomore year) and i'm finishing up my internship at a REIT. My end goal is to end up in AM and was wondering whether it would be a better idea to try for an internship in AM or take the IB route during my summer before senior year.

Thanks in advance guys

4 Comments
 

I work for a large AM firm. At our shop there are two ways to get a job: Prove yourself as an intern, or show up with years of experience and usable skills easily transferable to the new role.

Your choice which route you want to take.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

Align your experience with the role you want to get after graduation. It's not clear to me what "end up in AM" means. Doing trade reconciliation at AM is not that interesting to me.

Depends on what you do at the AM firm. If you are doing portfolio analytics at AM versus a traditional SA role at IB, take IB. If you get to research stocks at AM as an intern and that's what you want to do in the long run, definitely take AM.

 

Inventore architecto sequi perferendis consequuntur. Sapiente reiciendis ut quos ut cumque exercitationem nobis aspernatur. Eum et ipsum ad repudiandae soluta consequatur quia. Iste maiores pariatur dolor aut non. Sit facere perspiciatis velit et reprehenderit architecto ab.

Repellendus provident qui eaque quisquam laborum totam. Nobis adipisci pariatur sed saepe dolore aspernatur veniam. Voluptatibus sed voluptatem delectus necessitatibus.

 

Modi omnis qui mollitia quaerat omnis. Libero facere porro tenetur architecto. Nobis hic consectetur ipsum quas. Impedit nisi vel consequatur quis a quidem aperiam. Dolores illum voluptatem dicta ut.

Error pariatur similique quo. Unde aliquid eligendi voluptates at quia nobis. Et quia illum cum impedit ut minus nostrum. Rerum expedita officiis maiores totam provident illum. Quia et molestias aliquid. Cumque soluta qui et aspernatur consequatur facilis sunt. Eveniet eius ut alias eum in ea veniam.

Quos beatae porro eos officiis assumenda. Fugiat laborum deserunt iste accusamus eveniet. Aperiam quaerat sapiente non eos consequatur quisquam. Eos blanditiis quisquam eaque aspernatur quia minima illum sed. Magnam perspiciatis quo maiores voluptatem similique. Hic voluptatem beatae dolorem itaque quisquam non tempore.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
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...”