Stay in universal bank grad scheme or take BB IB internship offer?

Hi all,

Is it stupid to leave a full-time job in a global universal bank (where I sit in Coverage i.e. RMs for IB products and gatekeepers of balance sheet) for a 6 month internship in BB ECM?

My current place offers a 6 month rotation into IBD in ~18months time. I just don’t know how to weigh both up in terms of exit opps and “doors opened”, especially as ECM seems to get bashed a lot on this board.


My current thinking is, although I get exposure to deals and modelling, it isn’t at all to the same extent as being in a straight IB team. Therefore until I’ve waited 12-18 months, would I be able to “skip” the internship necessary to get onto the BB’s analyst programme? I wouldn’t think so but that’s why I’m posting this.


I am not from a traditional finance background and clearly can’t talk to friends or colleagues at my current place so I’d really appreciate any advice you may have.

Thanks in advance.

2 Comments
 

Perhaps I framed this wrong, is it worth the gamble of after 6 months being unemployed? I already experienced my team wanting me but headcount being frozen for 5 months by Covid to get this grad scheme in the first place. 

 

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