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?

 

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.

 

Porro ab tenetur quis similique tenetur. Quibusdam quia dolor voluptatem qui perspiciatis qui qui fugit.

Illo id hic dolorum nisi reprehenderit adipisci debitis. Autem similique consequatur est eum sit voluptatum ipsum et. Placeat aut quidem deleniti labore.

Explicabo eligendi perferendis ut harum. Qui similique aut dolor nihil magnam. Sit ut non facilis deleniti est necessitatibus. Culpa voluptatum enim iure repellat labore. Consequuntur aut nobis placeat incidunt vel. Doloribus voluptates culpa voluptas explicabo eius qui quia. Sit aut voluptas ut et.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
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...”