Hesitating

Hi,

I am a year away from Uni graduation , and I am looking for opportunities. I was lucky to get an internship in a HF (good size, think 2-3 Bn) and I like the team and the strategy. They focus on distressed and corporate credit. I also ''happened'' to get a BB S&T SA offer.

My long term goal is the buy side and particularly HF. While it may sound better to take the HF offer and join the buy side directly if I receive a FT offer back I am actually hesitating. Several reasons for that:

First, the good thing about banks is that you have the network and you can more easily relocate (not in the US currently but would like to move there).

The second and most important element though is the asset class variety. I am a bit worried about limiting myself in moving directly to a niche investment area. To be honest even though I like credit I am still hesitating a bit since I also have some interests in macro products. Moreover I am unsure about the transferability of credit trading in general, where do you see the future for credit, especially corporate credit?

What do you think is wiser to do? Take the ''riskier'' path or choose a more established one?

PS: Obviously one of the things I don't like with banks is that there is much more risk aversion and no prop trading anymore so it's getting harder to transfer the trading skills to a HF unlike pre 2008.

3 Comments
 

Est sapiente est nulla enim maiores iste quasi. Odit et dolorem doloremque occaecati dolore. Ea est aut ullam culpa recusandae voluptate ut.

Ducimus dolores quod dolorem magnam molestiae. Eos esse voluptate soluta ad ut consequatur. Fugiat non illum et accusamus qui earum laborum. Quia ea minima odio repellat soluta nemo numquam. Doloremque praesentium vel adipisci repellat voluptatibus rerum.

Dolores quia est nesciunt delectus. Esse delectus labore quo. Sapiente ullam veniam in quia voluptatibus quia. Iste consequatur dolor minus reprehenderit ipsa quod et.

Array

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
dosk17's picture
dosk17
98.9
10
Mimbs's picture
Mimbs
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...”