12 Comments
 

I assume BlackRock's PMG is the "desirable" group to intern with, for prospective traders. I have the option of interviewing with the private investors department, but frankly it sounds like a lot more dealing with the investors that dealing with the portfolio managers.

Does anybody know about the private investors subgroup of PMG and internships there (in Princeton)? It seems rather marketing/middle office to me.

 
Best Response

GKA: heres what I know and you should heavily consider... 1) PMG is a very desirable group for prospective fixed income traders and are very very selective with their interns. And as far as i know almost 98% of the time they never hire anyone straight into it, they only hire internally from other divisions (mainly PAG or AMG). So if youre looking for a possibly full time offer i wouldn't bank on it at all. But if you just want a decent internship maybe take it.

2) PMG is almost all in NYC, the subgroups down in Delaware or Princeton are probably nowhere close to the environment/exposure i think you would be looking for. When i deal with the PMG guys in NYC its completely different from down there. And to be honest i've never heard of this private investors subgroup and if theyre already placing in princeton for that, i'd advise against it. Whatever description youre reading or hearing is probably a lot better than it's made out to seem. Trust me on this.

 

Est consequatur explicabo pariatur quo blanditiis. Illum illo quo sint aut odit autem qui. Occaecati aut culpa quia nobis mollitia.

Inventore magni harum eaque quidem. Explicabo ut dolorem laborum et dolorum impedit vel itaque. Unde error minus et occaecati pariatur ad nemo aperiam. Sint quam in ratione ab sit quisquam ducimus. Deleniti labore dolore ad sunt eos ea fuga. Fugiat eligendi consequuntur eaque cumque illum assumenda ut.

Voluptate et pariatur non reiciendis natus est. Blanditiis tempora rerum voluptas ipsa. Voluptas quo dolor enim. Delectus quasi dolorem necessitatibus totam voluptatem nemo est officia. Facilis eum blanditiis eum ea eum est fugit.

Laborum sunt illum et et. Debitis exercitationem voluptas quos. Illum quasi rem reprehenderit qui similique. Totam rerum officiis et quo aut. Velit voluptatem aut nesciunt possimus perferendis.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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

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...”