Best sophomore internship for junior year IB?

Question

In terms of how well a story can flow and how it's viewed for junior year IB recruiting. My rankings from what I've read would be this:

Boutique IB
Boutique PE
Boutique AM
Big 4 Corp Fin
Big 4 Valuations
Big 4 DD
F-500 Corp Fin
S&T
WM/PWM

Thoughts?

robert139 · Accepted Answer

Full disclosure, I think I didn't always do a great job of this and it honestly might've hurt my application at a few places.

robert139 · Answer

I had a boutique PE and I think it kind of makes for a tough story to sell. Most bankers want to end up in private equity, and trying to explain why you would leave PE to go do banking is a tough sell, especially when the people interviewing you often want to go the other direction. I think anything finance related works for a sophomore summer, but I think boutique IB is definitely far and away the best, followed by corp finance or accounting just because those will really help you with technicals and it's an easier story to spin.

robert139 · Answer

also I forgot to add this but definitely think about industries. most boutiques will have a focus (especially in PE) and recruiting into a bigger bank that has a focus on that industry will be a lot easier if you can talk about with familiarity and have an internship demonstrating interest. IE if you are interested in doing oil and gas banking at Goldman/Evercore in Houston for your junior summer, working in an energy PE firm will make your application stand out from the pile way more than working at a slightly better PE shop that does consumer brands.

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Best sophomore internship for junior year IB?

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Best sophomore internship for junior year IB?

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