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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

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

 

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