MBB Summer Intern vs JS SP in NYC
In my junior year, got two competing offers for next summer. One is to do a summer at MBB and another is to do JS S&P (strategy and product).
Unsure which I should go with. Comp with JS is much higher obviously. Is deciding based on that (obviously hoping for a FT return from either) given the difference a bad idea? Am I missing anything about this decision long-term?
i don't think you can make a wrong decision but i haven't heard the best about JS return offer rates
MBB is a guaranteed return offer and much more likely to open doors for you after your time there. Jane Street will be a niche role with limited applicability outside of the company.
S&P is much more of a middle office role and would say the optionality/ career progression of MBB is much higher. Though I would guess the hours are quite a bit higher too (heard from friends that JS S&P is 50 hours per week)
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