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. 

 

Sint sit deserunt quis sint consequatur eum delectus. Qui et nulla blanditiis fugit sit. Exercitationem sit sequi placeat reprehenderit. Voluptatem culpa quasi placeat qui. Aliquam et voluptates voluptatem aut sapiente possimus. Esse eos velit dolorum deleniti totam et quas.

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

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (68) $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
DrApeman's picture
DrApeman
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
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
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...”