2 Summer Internships
I recently received an offer from a big 4 accounting firm (paid) for a summer internship which ends August 7th. I also have the opportunity to work at a regional boutique investment bank (unpaid) during the summer and was wondering your thoughts on doing 2 internships this summer. I don't start school til the end of September and was thinking about doing the investment banking one after the accounting internship ends.
What do you think would look better on my resume for full time recruiting for IB? Regional boutique entire summer or have both internships on my resume? Please please give me your thoughts.
Regional boutique the entire summer if you want to get into IB FT.
Do you work in Ibanking? I don't know how strong this boutique is and feel that if I do accounting I can at least have a backup in case IB doesn't work out full time next year and can get paid at the same time. Plus the banking internship will last about 7 weeks.
definitely do both if you can.
Is there any chance of getting a FT offer from the MM IB?
If not, try and do both. The Big 4 accounting firm will give you good experience, and it will give you something to fall back on. I worked at a Big 4 during my junior-to-senior summer, accepted their FT offer, and then reneged when I got a FT IB offer and they were fine with it. There is a good chance Big 4 will offer FT (something like 95% my year) and it is a great fallback option.
One of them said they do give out offers for full time and the other didn't really give me a clear answer. I really would not want to work for either of them full time and am trying to leverage this experience into a top boutique or hopefully a bb for next year.
what months would you be working? if it were a month a piece, then probably just do the boutique the whole summer, but if you could do both for a few months each i'd recommend doing both. answer also depends on your prior experience
is this for tax/audit or for advisory?
My big 4 internship would end Aug 7th and then I would start the boutique internship right after that through the end of September til I start school. The accounting internship is for audit, however, they said I can try out advisory as well.
I also currently work at a very small boutique during the school year and would go back to that after school starts and my internships end.
Both internships, you'll get a better experience at the Big Four with a more structured program. Unpaid internships are the devil, if they were going to provide you with any meaningful work it would be paid.
in addition to both internships being great resume builders, at this stage of the game in a job market like this, it' be a great hedge, for lack of a better term.
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