SA Offer Decision: EB Generalist vs. BB Credit Risk?
I am a junior at a non-target who extensively networked and received two offers, one at a EB (Evercore, Lazard, Moelis, PJT) and another one at a BB (Goldman Sachs, JPM, Barclays, Citi) Credit Risk. I got the credit risk offer from BB through my close mentors who are MD and ED levels at the firm. This is for summer internship in NYC.
I know this forum supports banking, but which one do you think I should take and why? Base salary is the same for both FYI. Three things to note are 1) I value work/life balance 2) I don't know if I'm interested in PE/HF 3) I am considering recruiting for consulting for FT if I don't like finance.
Thanks in advance.
r u kidding
I am seriously considering the two options. As I mentioned, I don't know if I am 100% interested in finance, and if i don't like it, I plan to move into consulting or other fields of my potential interests. I also value work/life balance, and I am happy how these two jobs pay the same. Another note is that applying to B-school is a plan of mine and having a BB name on resume is a great plus.
having an EB name on your resume is an even greater plus
this is like asking whether you should take McKinsey consulting or Accenture valuation
EB role would be better for grad school, consulting path, hf/pe path and all paths
lol this is probably the dumbest decision thread I've ever seen. Consulting firms want investment bankers, not credit risk analysts. If you want to have any non-finance exit opps (and it seems you do), take the IB position at an elite firm. Yeah you'll work hard, but you're 20 years old. You can work hard for two years and it won't kill you.
Also lol at the fact that you have GS, JP, Barclays and Citi in the same bracket. You clearly have a Barclays offer lol, and Barclays isn't doing so hot right now.
LMFAO
Not Barclays. Would it make a difference if it were GS?
No it wouldn't. Risk is risk. It's middle office, not great exits, it's boring, and just nowhere near as interesting, lucrative, or as good of a career jumpstarter as banking.
This is like asking a pre med forum whether to go to Harvard med or become a nurse
So my EB offer expires tomorrow, and I am 90% sure I will be taking EB but any last-minute insights on why I should consider BB credit risk with the written points I value?
Jesus take it before it expires
If you hate your EB banking internship, you can easily get a job in credit risk for FT.
The opposite is not true.
Why is the opposite not true? EBs hire FT all the time
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