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!
Either way youre on a good path to land an offer, pwm sophomore summers are super normal. I did pwm for sophomore and chatted w a bunch of ibd people and was able to land an offer at same bank but get paid 2x than last summer and obv lots more potential earnings in the future
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.
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