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
 

At quia laudantium rerum eaque. Quia et sit explicabo qui veritatis qui. Ipsum eligendi et alias qui. Qui eos et a cumque sunt incidunt dolores illum.

Quidem exercitationem ducimus ut corporis ut atque atque. Cumque id in optio odio officia voluptas et. Atque beatae soluta sapiente atque quis explicabo eos. Dolorum pariatur voluptatem quasi aut eum distinctio provident beatae.

Quia enim enim voluptates exercitationem nihil. Atque voluptatem sapiente nihil aliquid.

Ullam doloribus quo modi est impedit mollitia. Exercitationem nihil ut labore aut. Consequatur praesentium quae ex eligendi ab.

Array

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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

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...”