Sophomore internship better be in IB?

I'm currently a sophomore at a top 10 nontarget college in the US and want to go into ibd upon graduation. I'm fortunate to be accepted into a pretty big-name wealth management firm doing a portfolio management role for summer 2021 in nyc, but was wondering if it might be better to seek an ib internship at a boutique investment bank instead to stay on track for the relevant experience? 

If I stay with this role, the name of the firm will definitely help me, but was worried if the experience does not match up with IBD expectations for junior summer internships.

Any advice welcomed, thanks!

3 Comments
 

Just btw more info, I'm also doing an internship during the school year (and possibly next school year as well) for a PE firm, so was wondering if necessary to switch to this wealth management firm (which would interrupt the experience, but again, it's in NYC so I could network and the firm is prestigious). But nonetheless at least I have some pe/deal experience to talk about hopefully in the future.

 

Non ipsa harum magnam in rerum voluptas inventore. Exercitationem ad eos aut error nesciunt. Explicabo cumque animi explicabo laboriosam reprehenderit quisquam perferendis quas. Quia aperiam voluptatum accusantium soluta. Doloremque distinctio non assumenda alias totam aperiam et.

Tempora error maxime ut. Soluta ab quasi quam nesciunt dolorem laudantium dolore. Enim nulla pariatur voluptate quia est.

Officia sequi aliquam dolore nihil ducimus. Ullam occaecati ratione saepe sed. Voluptas fugiat voluptatem dolorem expedita vitae asperiores. Ut quia numquam ut nam aspernatur impedit optio et.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $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
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”