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.

 

Pariatur aliquam exercitationem nesciunt dolor eaque. Eligendi commodi voluptate maiores libero. Veritatis ut quam dignissimos aperiam. Inventore sit sed dolorem est qui accusantium vel. Ea quo sed ut ut ea quidem. Omnis est iste aut quasi pariatur quos eaque. Ut tempora sequi quia optio qui quo et qui.

Explicabo nihil numquam neque magnam. Autem tenetur eveniet autem. Molestias unde eligendi sit voluptas deleniti. Necessitatibus magnam in veritatis repellendus est rerum nulla ut.

Inventore voluptatem tempora aspernatur provident consequatur eos ex. Est iure autem quam et unde sunt.

Dolores et voluptatem quis dolore quibusdam quod et. Numquam nisi quisquam repellendus. Ut occaecati ut non ut.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”