Dealing with Early Offer

Hi everyone,

I'm primarily interested in interning in banking this summer. I'm not set on it as a career path, but depending on my summer experience I may chose to return full-time. As you all know, the banks primarily recruit for internships second semester. However, I currently have an offer that's a bit off the beaten path: working as a summer analyst at a secondary venture capital fund.

The offer itself is comparable to IB internship offers in terms of compensation, although that's hardly a factor in my decision. The firm is on the West coast and is rather small; I'd probably be one of only a few interns. They would like me to make a decision before winter break. Although this sounds like a cool experience, and I'd probably learn a lot, I'd like to at least have the opportunity to see what banks I may fit in with and where I could get offers. I don't think this firm will give me an extension, though I'll certainly ask. I should add that I think I stand at least a decent chance at a banking offer. I go to a target school, I have a relevant major, a high GPA, decent campus involvement, and I've made the rounds this semester in terms of networking. What do you guys suggest?

Thanks!

 

Id ea sunt reprehenderit et totam eaque eius. Earum sunt in magni consectetur sit sit ut. Autem ut rerum et ut. Numquam culpa non temporibus.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
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...”