Surprisingly, I have too look for a SA position in London

All the good firms have finished recruiting interns. If you want a position, you need to focus on boutiques or contacts.

Mercer is still recruiting.

Thanks for the insights.

Also, I was just contacted by a BB for an internship interview in my country (I was invited for a company visit there a couple of weeks ago, so they knew me and had my cv). Eventually, what would be better: a boutique consulting company in London, or BB IBD here?

Bump this, because I was just invited to the final round with the MD I would be eventually working for. It's a place in the fixed income sales team.

I am going to prepare for the interview and probably accept if they offer me the spot, because I am having no luck with finding open position in London so far, but I was wondering, how would a credit sales internship look to a consulting company? Any potential good/bad aspects of such an experience?

Better than no experience at all. I know plenty of people who interned in markets before receiving graduate offers in consulting, including myself.

Sales in particular can be invaluable for honing interpersonal and presentation skills, which are often neglected by consulting applicants. Credit is a good product too - the knowledge you'll pick up on a wide range of companies is transferable.

Thanks for chipping in, Porcine.

I too was thinking about interpresonal skills, especially if they allow me to listen to the MD's calls to the clients. Also, I would be put to work on the pitches, which I gather are closer to the consulting presentations than the IBD 90+ page analysis.

I wasn't aware of the benefits of credit, though. Although it makes sense: I guess that you get to know the company that released the securities, or the company you are selling the securities to.