temp to full-time at PE or deal sourcing in M&A?

Well back at it again. While I still continued to beat a dead bush for IB I encountered two "less ideal" opportunities but then again its better than nothing..

  • There's one with a PE fund thats doing an unpaid internship for 3 months that eventually turns into being a full-time analyst. It has a good amount of quantitative work like valuation, research and modeling in which I have been lacking in experience for quite sometime. Might be beneficial for me.

  • On the other hand, theres this LMM boutique thats paying $30-40K plus commission (apparently) for deal sourcing in tech M&A verticals. Im really lacking (instert dollar sign here) at the moment and could use some to pay off loans. Will be worth sacrificing? However, its kind of in the realm of IB w/ two tech & internet bankers doing pitching but dont want it to feel like my other internships all over again.

Which one would seem like less of a double edged sword where I can at least come out with something that at least feels like a job. What do you guys think?

Thanks everyone!

17 Comments
 
Best Response

Et quis nobis aut voluptas neque. Sapiente dolor quam eligendi perspiciatis nobis. Qui eius non numquam. Accusamus omnis pariatur consequatur ipsam magni amet quas ut.

Doloremque rerum quia eum nam autem sequi. Est iure quia aliquid aspernatur ab autem. Odit illo omnis quia saepe. Maiores ex aliquam nesciunt amet quo perspiciatis omnis.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.8%
  • 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 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • 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

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...”