IB vs Chevron

Banking will develop you more and provide you with a more transferable skill set. It's also easier to go into corporate from banking; it is harder the other way around. I'd go with banking.

Put it like this. After 2 years of banking on your resume, you can easily move to a better role than financial analyst in Chevron or any other F500 firm. From Chevron, it's harder to move around. If you want to stay in finance, IBD is the first rung on a ladder that can easily include an MBA, a job in PE, a role at a hedge fund, or CorpDev.

Dude why dont you do the internship, get the offer and adjust your start date with chevron??

BC the IB group prob wouldnt have u start fulltime until next year anyway, so you could work as chevron for like 9 months.

Just a thought.

Thanks a lot for all your insight. Between M&A, Capital Markets and Coverage, which IBD offers the best learning experience?

OP - I'm curious how you got an internship position with a top bank and then a FT offer with Chevron. So that means you're a senior... and I would think banks only consider 3rd year students and lower for internships, not someone graduating soon. I thought they were generally quite strict on this.

In any case Banan's idea sounds like it could work timing-wise.

Depends on the bank you will be working for. Personally, I'm a proponent of M&A since you get solid modeling experience + strong exit ops in private equity. Some banks have renowned coverage groups (ie TMT). But as to learning experience, my sense is that it depends more on the people in the team.

If you have one more year of school, how would you do Chevron?

I am doing the classes for my second degree at a second college since my schools sheduling is all messed up, so I would graduate with first major this may.. take evening classes towards second one at other school.. quite complex i know

I would also put my vote in for M&A, particularly at the junior levels as they generally have better exit ops. As bankers advance in their career, one can argue there's more value in being very specialized and knowledgeable in one industry and to be an all around M&A banker. And then in some banks, M&A is done within each industry group.

If you have a particular industry of interest you can consider coverage - though whether you have the option of choosing your destination depends on your firm.

Thanks Kanon. I will just go with whatever the bank gives me and work like theres no tomorrow. Hopefully when I get a ft offer I can leverage the networks i have built and my great performance reports to get into M&A