MM IB vs PE arm of AM?

Attend a top 5 undergrad business school. I have 2 summer analyst offers: Lower MM IB - (think RJ, Stifel) and a Private Equity SA in an Asset management firm, AUM ~$300B+, $4.5B in the PE arm. End goal is PE, not sure if I'll be able to do FT after undergrad or whether not I will have to do the classic 2 years. Curious for opinions on this decision?

One thing pushing me towards the IB is that they had around 15 SA, 13 return offers, 12 accepted. The PE arm only had 1/4 SA receive a return offer (i think...conflicting info between HR and an employee there). Obviously, I'd like to secure a FT position after this summer so that's high consideration.

1 Comments
 

Atque ut aut quo adipisci eos mollitia. Voluptatem magnam dolore saepe quo repellat autem et. Itaque blanditiis aut voluptatem nesciunt. Quo est aut consequatur.

Illo eaque ut et laborum voluptate non vel. Tenetur placeat velit repellat nihil. Consectetur quia odit nam sint nihil sed ad. Officia quae amet aut. Architecto id distinctio veniam in quo odit. Repellat enim officiis inventore placeat beatae tempora est culpa.

Nihil magnam rerum laudantium. Optio cum amet ut et molestiae. Vel commodi consequatur unde explicabo odit sapiente.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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

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...”