Bank of America Sophomore Year vs Girls Who Invest

Hi,

Wondering if anyone has any insights, advice, or thoughts on whether or not it is better to take a Bank of America Sophomore Year offer versus a Girls Who Invest Summer Intensive Scholar offer. I'm planning to recruit for a BB for junior year and will probably exit out to do buy-side in the future.

I know that the timeline for BofA moves faster (probably offers will be sent out in mid/late August) and GWI will give offers in early November for ED applicants like they normally do. So, does this mean 1. There is no chance that I can try for both?, 2. Will I have to tell BofA that I don't want their offer if I want to gamble and try for GWI, and 3. Would this be dumb to do and why?

Would appreciate any thoughts on this topic in general as well. 

  • I realize there's a different thread about this same topic, but it didn't address the timeline stuff and I want to know as the two programs evolve what people's thoughts are. Thanks so much.
 

BofA.

Know plenty of people who chose BofA over GWI for a few reasons.

1) Basically a guaranteed return offer for Jr. yr (if your sophomore group is bad, you can also switch to M&A/FSG/LevFin for junior year)

2) Safety net for Jr. yr re-recruiting — with BofA in your back pocket, you can safely recruit and be picky about what firms you’re interested in.

3) GWI placement is random and you don’t find out until the spring of that summer (and tends to favor target students anyway)

4) You can always do the GWI online program during the school year and get access to alumni events etc.

 

They have an online program during the year (basically CFA online courses + WSP) — but you get access to alumni database, etc.

 

Got it. I know how well-respected it is and the opportunity to land at a legit buy-side firm for the summer. 

Also have heard you are guaranteed a junior year spot if you get into a BOFA program or equivalent.

 

I’ve never heard of someone not get a return from BofA sophomore summer.

There’s some great firms involved with GWI — but there’s the risk of not knowing your firm when you’re recruiting for jr. summer or being at a legit investment management firm in Wisconsin.

 

I would personally do BofA. Have had friends do GWI and had friends do BofA sophomore summers. A handful of the sophomore summer interns either moved into the group of their choice or got junior summer internships at top buyside shops.

GWI is a great opportunity but just my (one person lol) opinion

 
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