Early Internship for IB: Consulting vs. Big 4 Audit vs. Hedge Fund

Hi,

I'm thinking of transferring into a top tier school like Cornell for econ major, and at the same time I'm also looking for internships that will help place me in the IB. I have been debating which route I should take. Here are some options, so which one would you consider for internship if you are determined to go into IB?

In addition, because I am looking into the Econ major at Cornell and a few other top-tier schools, which one of the above do you think that will help with my transfer application (pitch for econ major)? 

Thank you in advance! 


 

No I wish though. These are just my assumptions for my sophomore year. I'm currently in freshman year and am preparing for my sophomore year activities that will be helpful for transferring and getting in IB.

 

You're right, but would you recommend doing something related to auditing or consulting? so I can take advantage of the winter break and summer to build up my work experience, maybe taking related courses as well. Thanks!

 

Do you have offers at all of these? Either of the first 2 would be beneficial, would probably take McKinsey for not being accounting and the slightly more elite name.

However - if you're going to transfer you either need to do it now or plan to take an extra year for SA recruiting. Recruiting starts in the spring, picks up heavily in the summer, and mostly wraps up by September, so Cornell will barely help you if you're just starting to think about it. Current sophomores are already reaching out to network and recruiting will start up in 2-3 months. Time is not on your side if you're aiming to transfer and recruit for 2022 spots.

 

At voluptas et et adipisci magni dolor nihil. Consequatur qui et et sed. Omnis quaerat esse ut quia voluptate. Id quam est quisquam asperiores sequi.

Ipsa vero et dicta voluptas. Distinctio error iure doloremque magni.

Quibusdam minima velit voluptatibus quidem esse voluptatum autem. Sed fuga et cum natus. Est ipsam sunt minima soluta maxime consectetur aut repellat.

Career Advancement Opportunities

May 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 04 97.1%

Overall Employee Satisfaction

May 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

May 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

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $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
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
Linda Abraham's picture
Linda Abraham
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...”