Hey guys,
I just got two offers for summer internship: Strategy& and JP Morgan IB Credit Risk. I understand that these are very different two paths and I am personally leaning towards S& as I prefer consulting. I just want to hear about you guys' opinions on the pros and cons at two firms, especially regarding the summer internship experience. Really appreciated.
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europe or US?
Both in New York City.
Credit Risk has a pretty low value proposition to me... Based on my friend's experiences, you work closer to front-office hours (my friends do 65 hours a week), for pay that is barely better than operations. I'd definitely choose S&.
I work at a BB and the group that works the latest has their analysts working 50 hours max, possibly 60 only once. Pay is noticeably better than operations.
S& all day
if consulting is what you want to do, do S&. I'm like 90% sure though from looking around these forums that jp pays ib risk the same as ibd, so comp there might be higher
Base Salary yes, total comp no.
really? the ppl I talked to there and everywhere on this forum says so
I worked at JPMorgan and had numerous friends in credit risk and IB....there salaries were quite different.
No one said that. Someone stated that credit risk made "much more" than operations (which I disagree with based on the data points I've seen, it was only slightly more not much more), but no one claimed credit risk made anywhere in the vicinity of IB.
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