BB SA vs FOF FT

Hi everyone, So I just completed an internship at an FoF and got a return but was also lucky enough to get a summer internship offer at a BB (Not GS/MS/JP) for the upcoming summer where conversion rates in my ideal group were above 80% last year. Which one is better for a career start? With the caveat that I don’t know if I’ll convert the summer and also that I’d essentially ‘waste’ a year since I’ll start FT one year later even if I did convert

2 Comments
 

Hi! I was in the exact same situation a few years ago -- did BB IB Soph SA, then was recruited to a FoF to focus mostly on private markets the next summer, and now I'm at the 6 month mark of my first post-grad role at an investment consultant with heavy VC/PE exposure.

I'd have to say that it depends on your goals long-term and what you value from a work-life perspective, which will inevitably change as you go through the job. Personally, I am so glad that I chose the FoF > IB, even though it's still a grind regardless. PM me so that I can help you out with this more.

 

Et est reprehenderit est est odio perspiciatis corporis. Voluptas qui iste consequatur vitae. Quod consequuntur ut quae pariatur atque velit nesciunt laboriosam. Accusantium est rerum rerum est rerum deserunt. Ab molestiae eum nihil nostrum numquam. Voluptatum dolor accusamus dolor.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $101
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
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
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...”