help, please: deciding between internships

I'm a freshman at U of I and I recently received two internship offers, one is with a middle-market investment bank. Actually, they don't really have a formalized internship program (and its unpaid). I would just do it for some good experience and connections.

On the other hand, I have a formal 10 week internship with Siemens as a financial analyst. My question to all of you is which one would be better: relevant experience or name?

Personally, I'm more leaning towards consulting after college but I would like to do investment banking internships to get good work experience. So which internship would be better to leverage for a better banking internship (or possibly consulting) next year?

Thanks!

 

I respectfully disagree wtih the above 2 opinions because

1) Being paid shows that you actually have value to a firm and are more likely to do meaningful work.

2) You're a freshman. Having any itnernship on your resume for next year is great. Having financial analyst...even better. A paid financial analyst internship at Siemans is just as good as an unpaid IB internship imo.

 

Definitely go with the middle-market firm, that way you might be able to do a BB SA after your sophomore year. If you can pull that off, you will be well poised to go into banking or consulting.

Siemens, while still being impressive for a freshman, will not do as much for you in the long run.

 

Thanks for all your responses!

If I do in fact take the banking one, what sort of experience should I be looking for. Also, what resources should I use to get more acquainted with the details of the field i.e. vault's guide etc.

Also, they never really have had an intern but they were impressed with what I have to offer so they said they would give "meaningful" work experience. But at the same time, how do I make sure that happens. What should I do to prepare beforehand (books, websites etc.)so that I can come and prove to them that I am capable of performing semi-actual work.

 
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