Two Very Different Internship Offers

Two internship offers at two very different firms. Both are boutiques, both have at street or better comp. Offer one is at a tiny bank 9 man operation, interviewed and was offered. MD is interesting, Associate seemed nice as did the analyst I would be working with. This would be in corp fin, they have about 300 million in active deals, I would be able to do M&A and debt offerings. The firm would teach DCF modeling, making pitchbooks and would give me the skills that I would need long term. It seems that if I did this, I would feel good about my chances of receiving an offer. The other firm is 60 or so, I'd be doing healthcare M&A, which is certainly an interest, however I'm afraid of being pigeonholed very early in my career. I feel that I again have a good chance of receiving an offer and in size that there is more stability, i.e. if a MD walk a division doesn't risk imploding. I also feel that it might be a better fit for my long term goals. I don't care about exit options that much. Do I go to the smaller firm or to the larger?

3 Comments
 

You just answered your own question. You don't care about exit options much and your longer term goals work with healthcare IB - go for the larger shop that is actually in IB.

Additionally, as an intern, you won't be pigeonholed and after a successful summer in IB, you can make the push for FT IB with other boutiques and BB shops in or outside of the healthcare space. If you end up liking the team and the industry and receive a FT offer, you've just found yourself a good job, with good pay, in your goal group, congrats.

 

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