Which Internship To Take

Hey all, I was just offered an internship in two different teams within Risk Management at a super-regional bank. I'm currently a sophomore at a non-east coast target school and was wondering which would put me better position for junior year recruiting.

Just as a background, I'm not too concerned about my GPA and ECs, and already have experience in IB thru a NYC-based boutique.

  1. Risk Analytics in Pittsburgh Pros: I feel that this will diversify my experiences as this team deals mostly with qualifying and interpreting quantitative results for upper management in support of decision making for retail and other commercial activities.

Cons: It's in Pittsburgh and doesn't deal directly with the markets or finance industry.

  1. Market Risk Management in NYC Pros: After speaking with the head of this team during my interview, he seemed to have a very "Wall Street-like" approach towards his responsibilities. This team is like the traditional market risk teams at other BBs. Plus, since it's in NYC, I feel like I can do a lot of in-person networking and office visits to complement the over-the-phone informational interviews I've started to conduct.

Cons: Though MRM is in support of Asset Management activities of the bank, I feel like I'm sort of pigeon-holing my experiences going into junior year recruiting given my background in IB. In the off-hand chance that BBs and top boutiques scale back recruiting next year (a very real possibility), I feel like I may be at a disadvantage compared to the juniors who have more varied internships.

Do you think this is an appropriate breakdown of the two positions? That being said, I would greatly appreciate any advice you all have!

2 Comments
 

Quibusdam et nemo ut a possimus quibusdam. Iusto corporis saepe ut voluptatem ut. Culpa veritatis et quia et enim enim. Dolores ullam et nemo aut. Aut ut nihil suscipit voluptate voluptatem sint id.

Voluptates perferendis quis quo earum. Quae sequi et reiciendis qui dolorem nihil praesentium omnis. Ut nihil sunt unde eum ut. Adipisci quibusdam quis et sed eligendi tempore provident.

Veniam commodi similique est omnis. Inventore dolorem et ex et. Et sequi cum necessitatibus non. Voluptate quo quis suscipit. Molestias voluptas accusamus dolores minus.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • JPMorgan 01 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $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

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