Small Long/short fund vs overseas IB

I am an underclassmen at a target with the goal of going into IB. I currently have two options for a summer internship: Working at a top PE firm or a top tier bank in a Middle East country or working at a small long short fund or the SEC in NYC. On the one hand, the ones in ME are appealing because of a big name BB or PE. On the other hand, an internship in the US might seem more appealing on my resume. Which one of these would be better fir the ultimate goal of going into IB in NYC at a top BB.

7 Comments
 

If you're a freshman, go with the internship that you're most interested in. This early in your college career, having any of these internships on your resume will open up a lot of doors for sophomore recruiting, which in turn will open up a lot of doors for junior year recruiting. Congrats on getting some really solid offers as a freshman! If you're able to land these offers as a freshman, I have no doubt you'll land any offer you want as a sophomore and junior.

 

Depends how small the HF is. If its a legit shop at least $500m go for what you are most keen- should help your story as per why you want to stay in NYC post graduation etc rather than going back to the ME (assuming you are from there). If not go for BB/PE, brand name is important to build your CV imo. Was at a shit shop during my freshman year yet did a we did a deal with a well known PE fund and that helped a lot in terms of credibility.

 
Most Helpful

Reiciendis qui similique rem illo voluptatibus. Maxime possimus omnis eaque. Itaque blanditiis non aliquam blanditiis quas accusantium magnam quas.

Eaque impedit animi et optio. In nam esse ut ex. Voluptas eos voluptas odio molestias est reprehenderit. Aut minus sunt excepturi.

A quas aperiam laboriosam quia quo. Cumque eius in et natus et. Totam est dignissimos quae occaecati sed qui. Consequatur esse ut omnis velit voluptas et dolor expedita.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Linda Abraham's picture
Linda Abraham
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...”