Please Help: Which is my best SA offer? I want to end at HF - Citi, Barclays, AllianceBernstein, Wells

Hey guys,

I'm a junior at a target (Ivy) who is interested in ending up at a debt HF, possibly distressed or long/short credit. I am weighing the pros and cons of my 4 offers. I know M&A is most traveled route to HF, but I did not get any M&A offers. My offers are:

1) The fixed income rotational program at AllianceBernstein where I would be doing buyside credit research. This could be on a HY, IG, etc. I get placed in a group later.

2) Citi Capital Markets. I could be placed in ECM, DCM, LevFin. Obviously I would try to get in a better group like LevFin but nothing is guaranteed. I also know M&A beats Cap Markets but the recruiter said if I get good reviews after the summer I could either jump to M&A or Citi's internal credit fund (similar to GS SSG). I know one kid that did the latter.

3) Barclays PubFin. I worked in munis last summer and know some people that have gone onto bond funds after their 2 year stint at PubFin.

4) Wells Fargo's Prop Credit Fund. Basically buyside credit research that invests in HY, crossover credit, etc. off the bank's balance sheet.

Thanks for all advice!

2 Comments
 

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