Freshman at semi target. Deciding between two internships/jobs for the summer. One is an unpaid "investment banking analyst" internship at a small boutique bank, the other is a $20/hour accounting assistant job at a local college. Which offer should I take? Also, what else should I do this summer?
| +233 | Coverage Banking is Paradise | 29 | 6d |
| +178 | UBS preparing for a October Layoff Massacre | 135 | 1m |
| +121 | London Recruiting is Paradise | 47 | 4h |
| +77 | My Motivation Is At An All Time High | 13 | 4d |
| +58 | Work and Suicide | 24 | 5h |
| +49 | Is 7 years in banking enough to retire, or am I delusional? | 27 | 11h |
| +46 | Do actual investment bankers despise IB TikTokers as much as I think they do? | 28 | 8h |
| +34 | MM IB --> NYC IB? | 17 | 1d |
| +27 | Should I escape the matrix | 5 | 16h |
| +27 | A Message to Students Who Think this Job Will Fix Their Life | 5 | 57m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
see if you can get any payment at the boutique, but even if not having IB on resume as a freshman is pretty unheard of and is what i’d take
You should give me the name of the bank with the IB internship, and accept the other offer
What do you mean
I would certainly get the IB experience on your resume. Insight into how banking processes work is extremely valuable at this stage. Pay attention to what those above you are doing and always aim to understand more about the deal/pitch than your specific deliverable. This will give you a massive leg up in recruiting + the opportunity to f**k up at relatively low stakes. You will have a massive advantage if you can learn from your mistakes before they can truly bite you in the ass (i.e. Junior summer, AN1+). On the pay part, that sucks, but I think it will be a good trade-off in the long run. PM if you have any other questions, happy to help.
I did an unpaid IB internship my freshman summer. Would 100% do it again - extremely helpful during SA recruiting.
Aut blanditiis temporibus hic. Voluptatem assumenda asperiores eligendi corrupti eius dignissimos accusantium. Sed facilis et sed aperiam laboriosam rerum. Eius ut et praesentium animi voluptatibus reiciendis dolorum. Cum eos nesciunt deleniti eos voluptatem aliquid. Nobis dignissimos animi et illo deleniti et.
Esse nemo error repellendus aliquid magni eaque voluptas et. Beatae consequatur est facere aperiam molestias.
Sapiente modi rerum accusantium placeat. Et reprehenderit optio inventore aut qui quia voluptatem. Velit ipsa libero et aut vero.
Cum cumque quibusdam autem cupiditate impedit. Incidunt est inventore quis est a quibusdam in. Accusamus nesciunt nostrum accusantium expedita. Dolores id sint provident dolorum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...