Internship Decision - Junior year - Local CB role vs Global better brand name non-banking role?
I was offered Corporate Banking internship in Midwest for a strong US bank in CB space (not a BB tho) and a transaction banking/cash management/liquidity type internship for a more global non-US bank in NYC. I already accepted the offer for CB two weeks ago and did superday for this past week for non-CB and got an offer.
What I wanna do: Move to IB or CB within a BB for FT.
Why I am confused? Midwest vs NYC (better networking opps. for nyc or internally) but assuming most recruiting begins in spring, would it really matter? Pay is better for NYC position (but i guess factoring COL for Midwest, its the same thing) Brand name stronger for non-CB role (more global opps which is something I look forward to in future career) Non-CB internship will be a mix of back office/front office (product analysis, regulatory stuff and sales exposure) CB internship is with a strong group and gives me solid financial analysis skills and some modelling maybe. Reneging an offer will be very awkward as I have been speaking to some analysts at CB role. and finally, I liked the people at both banks very much.
Please feel free to leave any suggestions. I will receive formal offer letter this week for non-CB one so maybe will have about a week to decide. Thanks in advance.
I would stick to CB role if you are a junior in college.
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