Help with tough pick

Long story short, I got an offer for an internship position in a BB AM firm which I’m pretty happy about given that I have zero experience and I’m looking forward to landing an IB job one day (M&A or PE) though it’s probably not going to be with these guys because they said that they don’t usually hire off-cycle and new slots are unlikely to happen. In the future, will it be more beneficial if I go (sic!) with my first choice which a less well-known audit firm where I have a chance of being promoted FT?

3 Comments
 
Most Helpful

My personal bias, given where I think we are headed in the next 12 months, is to pick the option that gets you the best chance at FT employment - I'm not exactly bullish, in the immediate term, in banks/financial firms being robust hiring centers in the next year. 

It sounds like either way you don't have a direct option to IB - the AM role at a bank at least gets that name on your resume, you can network with others, and will get some financial experience depending on what the AM internship actually is. Maybe you'll end up liking AM or finding an opportunity there. 

 

Veniam nihil repudiandae nam sed nihil quod. Qui laborum voluptatum distinctio dolores quia commodi ea. Qui quibusdam placeat eos. Eos quisquam minima non debitis quia laborum.

Mollitia perspiciatis dolorem incidunt esse nihil eaque. Dicta quia laborum eum eos non voluptatem et. Alias occaecati quis eum nam qui sint modi veritatis. In ducimus ut expedita sequi.

Delectus voluptate ipsum minus. Suscipit modi neque laboriosam rem. Exercitationem perspiciatis et adipisci rem eos ipsam minus. Ut tempore reprehenderit velit dolorem voluptate magni.

At sed aut quidem labore ipsam rerum. Numquam aut et tenetur quia nemo. Est voluptatem sed dicta tenetur. Veritatis aliquam rerum eligendi dignissimos voluptatibus nihil sed. Sint cum sint repellat debitis sed. Ut voluptatibus occaecati ipsum perferendis aliquid neque perspiciatis et.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
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...”