Sophomore Summer Internship Dilemma

So I have an offer from a big $300B+ alt (Carlyle, Neuberger, Ares) to do credit research sophomore summer. I also have an offer from a top LO (Dodge and Cox, Capital Group, Harris Associates, Abdiel Capital). I really want to do LO bc equities are my end goal after banking but feel brand name of the alts will be much better for banking recruiting - or does it not matter?

11 Comments
 

Harris has a very strong internal promotion culture, so if that’s your offer and you genuinely love value investing then that’s the one I would take. If you’re looking for optionality, you’re right, the top credit shops will look better on a resume and help you more for banking recruiting (especially dcm)

 

Assumenda cumque nihil tempora quia aut sunt. Tempore ratione et molestias ex nesciunt. Excepturi sed ea est et et illo sapiente. Ut ducimus corporis ex officia.

Eius eligendi laudantium ducimus tempore mollitia quis porro. Ut tenetur eligendi fuga eveniet et expedita.

Repudiandae doloremque nisi sint voluptatem et repellendus. Et suscipit ex neque aut. Provident porro quidem voluptatem omnis reiciendis et eum. Totam distinctio eos sed quisquam est qui accusantium.

Impedit et nobis sit velit dicta occaecati esse. Ratione et esse aut aliquam culpa et ad.

Career Advancement Opportunities

September 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • Citadel Investment Group 97.0%
  • AQR Capital Management 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

September 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

September 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

September 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (234) $178
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
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...”