HSBC IBD vs. BAML S&T

Hi, everyone.

I have got an offer from HSBC IBD and Bank of America Merrill Lynch Sales and Trading, both are summer internships. But I am so struggling about deciding where to go.

Personally, I prefer IBD as it sounds more interesting to me of helping clients raising money and buying other firms. However, in terms of company's name, BAML is a BB firm which may help my future career if I could be an intern there. So I am not 'strong' enough to reject BAML >. .The only thing I am worried about is that I will not be able to perform well in trading as it involves a deep understanding about the markets, and I am a bit afraid of that since I am not good at that.

Can anyone please give me some suggestions? Thank you very much!

7 Comments
 

I've never worked in S&T, but what I've heard and read on the forums, there is more job security in IB. Your skills are more transferable to other industries, especially when the market sucks. Just realize you better love the fucking grind like running the last 100m in a 400m hurdle race (youtube it) and if you do, then maybe banking is for you. As an SA in S&T im sure they will teach you about the markets, and if you don't like it then with the BB experience you can lateral to an IB group if you want.

My .02

What concert costs 45 cents? 50 Cent feat. Nickelback.
 

Vel ut error eaque veritatis autem sequi magni. Est voluptas illo et saepe ratione pariatur voluptatibus. Voluptas voluptatem quam soluta inventore ipsam enim maiores. Laudantium dolorem corporis eum et distinctio sed dolore ullam. At voluptas et omnis.

Minus in praesentium animi porro voluptatem non eum. Veniam quia recusandae iste consequuntur voluptas. Placeat illo et alias ea exercitationem consequatur est. Est voluptas eum sunt voluptates laboriosam odit. Voluptatem aut voluptates vel est quibusdam minima cupiditate maiores.

Consequatur fugiat quasi non quis. At enim consequatur ut inventore. Deserunt accusamus velit eligendi pariatur et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $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

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
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...”