Was offered an internship and had to choose between “Corporate” and “Finance” divisions. I chose Corporate because the bank usually refers to investment banking as GCB or CIB.
But now I go to the company website and see corporate is commercial banking and finance has cool stuff like structuring (but also loans, overdraft, invoice...)
I am confused. Did I make the wrong choice ?
| +379 | Evercore Intern Seizure | 56 | 1h |
| +74 | JPM M&A is Gone??? Purely Coverage Banking??? | 33 | 1h |
| +62 | Is DCM actually underrated ? | 26 | 23m |
| +53 | How do I understand vs. just memorizing? | 9 | 2h |
| +48 | Losing my personality in Banking | 9 | 1d |
| +47 | Are all Tech / TMT groups sweaty? | 38 | 1d |
| +42 | Associate & Above IB exits | 16 | 4d |
| +33 | Incoming IB Analyst: Best Ways to Prepare? | 11 | 8h |
| +27 | Which groups are ideal for laterals? | 12 | 1d |
| +24 | Thoughts on PEI Global Partners? | 4 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
'Corporate' and 'corporate banking' are two very different things. 'Corporate banking' refers to a function that works in tandem with the investment bank at some large, full-service BB banks like Citi and JPMorgan, and is often referred to as 'global corporate banking' or 'corporate and investment banking', like you mentioned. Simply 'corporate', on the other hand, usually refers to working in some corporate function of any corporation, usually in back office. Simply 'finance', or 'corporate finance', specifically refers to the back office finance department of a large corporation. The exception is when some investment banks like Deloitte and Duff & Phelps refer to their investment banking function as 'corporate finance'. It's all semantics, which I understand is frustrating... so it's difficult to answer your question without knowing what kind of company and specific positions you are describing.
It’s one of the largest bank in Europe/UK with a pretty big investment banking division.
Is the position you accepted in 'corporate', or 'corporate banking'?
Et unde architecto autem magni repudiandae. Voluptatum autem vel consequatur eum natus. Ut qui sint non totam officiis exercitationem. Quisquam ipsum voluptatem culpa qui accusantium inventore ad quis. Assumenda ut quis qui vitae rerum quis. Laboriosam sequi doloribus enim qui quia.
Et porro eos voluptatum. Labore voluptatem aut et qui. Sunt ipsa adipisci ut nisi et rem est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...