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.

 

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