Summer internship - RBC or Greenhill

Hey everyone,

I was recruiting for banking last semester, and I really appreciate to collect your feedback on where to go - RBC or Greenhill? Both in New York office.

Thank you so much!

2 Comments
 

Hey there!

Choosing between RBC and Greenhill for a summer internship in their New York offices is a great position to be in – both are reputable firms with strong presences in the industry. Here's a breakdown to help you weigh your options:

  • Greenhill: Known for its boutique environment, Greenhill offers a smaller, more intimate setting. Based on the WSO threads, Greenhill has a typical analyst class of around 10, which could mean more hands-on experience and closer mentorship. They have a strong reputation in M&A and restructuring (RX), and being lean might give you the chance to work on high-quality deals.

  • RBC: On the flip side, RBC is a larger, full-service global investment bank. It has a broader platform and might offer a wider variety of experiences. There's a thread where someone humorously suggested that "RBC is the new Goldman Sachs," which, while likely said in jest, indicates a positive sentiment towards the bank. RBC has also shown commitment to their interns and culture, which is a good sign.

Ultimately, it's about where you feel you'll fit best culturally and where your interests lie. If you're looking for a more boutique experience with potentially more exposure to deals, Greenhill could be the way to go. If you prefer the resources and breadth of a larger bank, RBC might be more your speed.

Remember to also consider the type of work you want to do, the teams you'll be working with, and the overall culture of each firm. It's always a good idea to reach out to current or former employees to get a sense of what it's really like to work there.

Good luck with your decision!

Sources: Greenhill in 2020, Bain or BCG for Summer Internship??, Guggenheim vs Greenhill vs PWP, RBC committed to keeping 1,400 student summer jobs, barclays vs. greenhill RX for private equity

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