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Based on previous WSO threads, interning at a smaller investment banking shop can offer several advantages:

  1. Exposure to Senior Professionals: Smaller firms often provide more direct access to senior professionals, such as directors and managing directors, which can be invaluable for mentorship and learning. For example, one user mentioned the benefit of daily exposure to veteran dealmakers at a small place like Incentrum Group.

  2. Hands-On Experience: Smaller shops may offer more hands-on experience and responsibility compared to larger firms. This can be particularly beneficial for gaining practical skills and understanding the intricacies of deals.

  3. Networking Opportunities: Working at a smaller firm can help you build a strong network within the industry, which can be crucial for future career moves, especially if you plan to transition to larger firms or different sectors like private equity.

  4. Exit Opportunities: While exit opportunities from smaller firms might be less traditional, they can still be strong. It's important to consider the firm's reputation and the visibility it has with headhunters and larger firms.

If you have specific questions about PCE Investment Banking or need more detailed insights, feel free to ask!

Sources: Anyone have intel on Incentrum Group?, Breaking into the buyside from a non-target - You can do it, Advice for undergrads going into IB interested in PE, PE or Corporate & Investment Banking SA???, Most Badass Intern Story?

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