Should i take PWM role in sophomore year, if my goal is to go into IB?

So my situation is that I am in my sophomore year (in Australia) and have been offered my first role at a pretty good PWM firm. This would be my first corporate job.

However, my goal is to get into IB eventually. I also have a close connection with a valuations manager at big 4, who i am confident (but not certain) i can intern with this summer. This would be a good stepping stone into another internship in my junior year or potentially a graduate role in IB or doing work similar to IB.

I have a strong 3.9 gpa, but no real world finance experience.

Should i start my PWM role (as it should be better than nothing) whilst i try and secure the valuations internship at big 4? This could mean that i start work at the PWM on a 2 year contract but then quit after a couple months. Bridge burnt. Maybe a bit of a waste of everyones time. Or i could forget about starting the PWM role altogether, in the hope that i secure the big 4 for summer- here i risk ending up with no sophomore finance experience if my big 4 connection doesn't come through.

Any advise would be greatly appreciated !! :)

Comments (2)

Most Helpful
  • Prospect in IB-M&A

100% take the PWM role and try to leverage that into something more relevant like a boutique Corp advisory / big 4 Vals. Can always just use the excuse after a few months that you've realised it's just not for you and you feel you're better suited to a career in Corp advisory / IB.With that GPA and 2 internships across PWM/Big 4 Val's you'd be a strong chance for summer internships. Icing on the cake would be a short internship at a boutique advisory firm after your Val's internship and you'll be well placed

taylor123, what's your opinion? Comment below:

Voluptate amet ratione explicabo aperiam accusamus possimus. Suscipit ad expedita voluptatem sit iusto eligendi. Reiciendis deserunt quos et nesciunt adipisci deserunt.

Et veritatis non possimus distinctio consequuntur sunt veritatis. Non facilis soluta sapiente facilis dolor quae consectetur nesciunt. Voluptates necessitatibus aspernatur et id possimus et cum. Alias cum ducimus distinctio nam fugit dolorum voluptatem. Eaque et eligendi officia accusantium velit qui. Quo quisquam explicabo sit nostrum. Harum adipisci eum magnam qui nihil.

Start Discussion

Career Advancement Opportunities

December 2022 Investment Banking

  • Jefferies & Company (▲08) 99.6%
  • Lincoln International (= =) 99.3%
  • Financial Technology Partners (+ +) 98.9%
  • Evercore (▽01) 98.5%
  • Bank of America Merrill Lynch (▲01) 98.2%

Overall Employee Satisfaction

December 2022 Investment Banking

  • PJT Partners (= =) 99.6%
  • Evercore (▲02) 99.3%
  • Greenhill (▲05) 98.9%
  • Canaccord Genuity (▲15) 98.5%
  • William Blair (= =) 98.1%

Professional Growth Opportunities

December 2022 Investment Banking

  • PwC Corporate Finance (▲14) 99.6%
  • Jefferies & Company (▲05) 99.3%
  • Lincoln International (▲02) 98.9%
  • William Blair (▽02) 98.5%
  • Evercore (▽01) 98.2%

Total Avg Compensation

December 2022 Investment Banking

  • Director/MD (10) $613
  • Vice President (38) $392
  • Associates (220) $255
  • 2nd Year Analyst (139) $163
  • 3rd+ Year Analyst (19) $160
  • 1st Year Analyst (466) $153
  • Intern/Summer Associate (88) $151
  • Intern/Summer Analyst (337) $92