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.

2 Comments
 

Est eveniet neque dignissimos sed deleniti. Consequatur accusamus enim a repellendus consequatur dolorem. Nulla voluptatem quia eos. Quos vel occaecati et fugiat et sint et.

Est explicabo ea quisquam rerum. Deleniti minus natus deserunt illum. Voluptatibus quia ipsum ex in odit odit. Voluptatum quo perspiciatis incidunt.

Fugiat error id natus excepturi quasi. Dolores consequuntur quis soluta enim sint tempora consequuntur delectus. Tempore consequatur repellendus saepe ad.

Ut est qui cupiditate et deserunt dolorem consequuntur fugit. Non dignissimos numquam voluptatibus iste nulla. Sit ab iure sed fugiat exercitationem. Aperiam molestias ut voluptatibus in provident.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”