Dilemma with Internship

So I'm a junior and will be applying to banks for summer analyst positions. I am currently in a year-round internship with GE in their Finance division (May-May 2008). While I've learned a lot, there is no modeling involved, and focuses mainly on internal corporate finance stuff/account related bits. A lot of the work is project oriented, but I get great exposure to working with people in GE around the world.

My question is, I may have the opportunity to move to a $1B AUM PE firm as an intern (under a large commercial bank, think Nat City, Key Bank, etc.), where I know the interns are given some exposure to modeling, an a better perspective on PE.

If I hope to do an internship at a BB/MM next summer, am I better off staying at GE or moving to this PE fund? I've been told by a lot of family friends who are in finance/banking areas that staying at GE would be better in the long run, but was hoping to get some insight from the people here, who have looked at resumes for summer analyst positions.

Thanks

 

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