6 Comments
 

This sounds like a champagne problem. Finish out your internship and continue to network. Take whichever offer is best for you (IB or buyside). Interning at BoFA your sophomore summer is insane within itself and provides you a lot of power to move laterally to other programs or teams.

 

Thanks so much for those kind words and great advice! I don't think I was clear: while I really like IB, I'm very tempted to take this role because I've had mixed opinions of my summer. I'm just trying to make sure I'm thinking this through on all angles and not making a mistake of going buyside just for its sake. The internship ends in a couple of weeks but the offer is due mid-August. Did that add more color to things?

 
Most Helpful

This is a looong post. I don't think you're very clear with that this new firm does exactly and how it fits in with your career goals.  You mention they do asset allocation/manager selection? Is this something you'd want your fulltime career to be? Perfectly viable career path but if you're going to a fund of funds/allocator, especially early on in your career, you do miss out on a lot of transferable skillset that you would learn in a banking or direct investing role. 

 

I had to be vague because I already gave out enough information that people could identify the firm. Thought the goals were explained in a way where readers could see between the lines. Thx.

 

Ut sint et neque in non velit. Sit et facilis ullam voluptate. Iure sit sequi ut voluptatibus blanditiis excepturi ut omnis. Adipisci sit id sequi tempore et accusamus porro eos. Enim enim praesentium assumenda velit et natus.

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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
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...”