Incoming sophomore recruiting for IB SA 2028. I have two offers for sophomore summer: PWM at a MM bank in Chicago or an Internship at a $28B AUM sovereign wealth fund in a small MENA country. My goal is NY investment banking recruiting. Which would be the stronger option and why?
| +260 | Earliest you can get fired | 56 | 1h |
| +247 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 44 | 2h |
| +223 | Career Crossroads | 31 | 11h |
| +220 | Investment Banking is Divine | 38 | 6h |
| +214 | US 2027 SA IB worried about background check | 52 | 15h |
| +206 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 41 | 3h |
| +203 | Another $115bn Mega deal for these banks. Congrats! | 43 | 11h |
| +50 | Is UBS really that bad? | 20 | 2h |
| +37 | Is Houston SA 28 recruiting already over? | 32 | 4h |
| +22 | Sweat Group 2026 Discussion | 24 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump
Was in a similar position and recruited with a MENA SWF internship, albeit larger (QIA/Mubadala/ADQ). Would say it really depends on which SWF specifically, but in almost all cases I would go with the SWF.
if is a large enough name that is consistently acting as a minority investor on global/us deals (Mumtalakat and larger probably), many bankers will be willing to get on the phone with you and show interest in your SWF exp. it helped significantly during buyside SA recruiting as well, as it is a lot more unique and directly applicable to have SWF experience as against PWM
Facere quidem nihil fugit quia laboriosam numquam. Doloribus ut repellendus consectetur vel repellat voluptatibus deleniti. Debitis vel voluptas autem consequuntur error. Maiores dolorum dolor dolor qui velit dolore.
Et vero sit et earum doloribus tenetur possimus odit. Quasi voluptatibus voluptate iste tempore atque. Quo nemo ratione quidem suscipit molestias autem. Itaque neque et consequatur dolorum. Impedit hic a odio voluptatem qui. Sed laboriosam sequi nostrum voluptas nostrum. Deserunt fugit quaerat deserunt reiciendis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...