BNPP M&A vs BlackRock Alternative Advisors internship?

Hi everyone,

I have two offers that are both good but very different. Can you please share your opinion on which one is better in terms of exit opportunity, skillset, how transferable that skillset is.

5 Comments
 

i think you should follow your heart ;)

Thank you for your interest in the 2020 Investment Banking Full-time Analyst Programme (London) at JPMorgan Chase. After a thorough review of your application, we regret to inform you that we are unable to move forward with your candidacy at this time.
 
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Black Rock Alternative Advisors is a Fund-of-Funds meaning they raise money from investors and then invest it in hedge funds, PE funds, private credit etc. You will not be doing any fundamental financial analysis, company analysis, accounting or real financial modeling. You track performance vs benchmarks etc. You are not learning fundamental financial skill set that you can leverage in your future career. Take M&A no question, even if its French Bank. You will still got same training, learn the lingo and get exposure to IB. Also, if this is your junior year and you want a full time offer, there are much more exit opportunities from IB than a FoF.

 

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