BB Corporate Banking - FT vs. MM IB - Internship

Hi There I have recently graduated and now have two offers. One is a FT offer for the midcap corporate banking team of a BB. The other is an internship at a MM IB boutique (a tier below Jefferies). Even though I would prefer to do M&A, I am really not sure if I should take it over a FT offer of a BB. In the first few months I would work more but earn less. Additionally, as the MM boutique office is rather small I'm worried of not having the opportunity of staying FT after, especially in light of the current economic situation. I must say though, that because it is not the large cap corporate banking team the employee profiles are weaker than at the IB boutique. As I dont have a target-background, I'm worried though that this would be my only opportunity at M&A. At the same time, I am not sure if I would get the opportunity again of working at a BB if not receiving a FT offer at the boutique. I am slightly tending towards the M&A opportunity but am really torn between these two options. What would you do in my situation? Would the corporate banking gig also provide good exits to F500 corporate finance or development in case I would later want to exit?

6 Comments
 

Perspiciatis eaque odio et. Error quam assumenda sit eligendi suscipit natus hic voluptas. Aut facilis sint deleniti necessitatibus aut blanditiis voluptas. Deserunt id debitis quasi ut nemo ea cum. Temporibus veritatis aspernatur maxime magni accusantium aperiam sunt aliquid. Doloribus amet error totam.

Ut aut magnam sit quibusdam. Amet nulla et hic molestias impedit. Ducimus nihil omnis nobis facere impedit unde placeat. Excepturi et alias enim accusantium quisquam. Pariatur sunt sit qui fugiat.

Array

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $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
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
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...”