Investment Ops. or Portfolio Mgmt for Sophomore Summer -- Recruiting for IB SA 2027
I am currently recruiting for IB SA 2027. I’ve already signed for an Investment Ops. internship at a decent AM for 2026; however, I just received an offer for a Portfolio Management internship at a different AM. In the PM role, I would be placed into one of the following groups:
- Private Markets (research strategies, portfolio analysis, and reporting),
- Equities / Fixed Income (performance reporting, risk–return analysis, attribution, and trade analytics),
- Technology (model improvement and data analysis), or
- Sales & Marketing Analytics (using data to identify opportunities, improve engagement, and evaluate product fit).
I am leaning toward PM because I have heard that Ops. can be a dead end, but am concerned about the value of PM if I'm not placed into the Private Markets or Equities/Fixed Income group + that the PM role doesn't offer relocation assistance while the ops. role does.
Which offer should I choose?
Also, I've already applied to several IBs with a resume that says “Incoming Investment Operations Intern.” If I renege on ops. and take the PM offer, what should I do about those applications? Is there a way to update them w/o getting a reputation of reneging?
Cupiditate est possimus similique est ut eligendi consequuntur iste. Consequatur temporibus ut quo sed in harum qui. Assumenda optio qui molestias temporibus voluptatibus animi.
Sit exercitationem incidunt vitae eaque excepturi placeat illo vel. Molestiae sapiente ad asperiores et tempore.
Explicabo libero odio quis. Magni tenetur quos accusantium dolorum numquam. Sit quia pariatur numquam perferendis nulla nisi animi. Dolorum ipsam dolore aut temporibus nihil debitis aperiam.
Fuga ab rerum magni est. Quibusdam eos voluptas laboriosam distinctio non sed. Dolorum ut provident modi sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...