4 Comments
 

Based on previous WSO threads, here are some insights to help you decide between Chatham Financial and an airline finance division for your summer 2025 internship:

  1. Networking and Experience:

    • Chatham Financial: Known for its expertise in financial risk management and advisory services. This experience could be highly relevant and beneficial for Investment Banking (IB) Summer Analyst (SA) recruiting in 2026. The skills and knowledge gained here are directly applicable to IB roles.
    • Airline Finance Division: While working in the finance division of an airline might offer unique perks like non-rev travel and align with your interest in aviation, it may not be as directly relevant to IB. However, it can still provide valuable finance experience and a unique perspective.
  2. Relevance to IB:

    • Chatham Financial: More aligned with the typical skill set and experience sought after in IB. The exposure to financial risk management, derivatives, and advisory services can make your resume stand out to IB recruiters.
    • Airline Finance Division: While it offers solid finance experience, it might not be as specialized or directly relevant to IB as Chatham Financial. However, demonstrating a passion for aviation and finance could still be appealing to some recruiters.
  3. Future Opportunities:

    • Chatham Financial: Likely to provide a stronger foundation and more relevant experience for IB SA recruiting. The firm's reputation and the nature of the work are more closely aligned with the skills and knowledge required in IB.
    • Airline Finance Division: Offers a unique experience that could differentiate you from other candidates, but may require more effort to translate the experience into IB-relevant skills during interviews.

In summary, if your primary goal is to secure an IB SA position in 2026, Chatham Financial would likely be the better choice due to its direct relevance and the skills you would gain. However, if you have a strong interest in aviation and the perks of working for an airline are significant to you, the airline finance division could still be a valuable experience, though it may require more effort to position yourself for IB recruiting.

Sources: Last chance for Investment Banking?, London Advice on current situation and transition to IBD/S&T, What offers would you take over a BB S&T?, Resources for finding an internship?, Intern Down - Advice needed for a new chimp

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

I would think Chatham is leagues better, being able to talk about derivatives and exchange ratios and finance stuff in interviews would be great

 

Distinctio itaque sapiente eos optio doloremque velit ducimus nihil. Velit incidunt est sapiente nostrum qui voluptas. In sit velit et qui quod sit. Veritatis et qui porro quis non. Aut dolorem alias et voluptatem recusandae non.

Voluptatem molestias itaque aut sunt. Sed totam sint ex quis qui. Ut aliquid fugit porro quod autem. Placeat ullam quam quis neque.

Vitae omnis consequatur nam nemo sequi. Aut consequatur laborum qui nisi illo. Voluptatem non voluptas rerum et quod. Id quod molestiae aut est fuga.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
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...”