A good internship or an internship with high chance of return offer?

Hi everyone,

I am an international student, a 3rd year undergrad going into a business school masters next year.

I received two summer intern offers: 1. a PE intern (alternatives asset - think BAIN, Brookfield, Oaktree) pros: nice culture and lean team, great experience at entry level; correct me if I’m wrong, but I believe it is good for applying to IBD roles next year cons: low chances of turning it into a full time offer (as an international student I wish to have an offer that guarantees my visa); hard to break into buy side straight from graduate

  1. an investment internship programme (think Allianz, AXA, abrdn) pros: feeds into the graduate analyst rotational programme; internal mobility is good and can most likely choose where I wish to go into; buy side from the start cons: brand name not as good; might not get the team I want to; have to renege the other offer

Personally I wish to best go into private markets from the start, whether it’s at a BB or buy side firm. My major worry for the current internship is I have to go through IBD or recruitment all over again with no visa security.

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