BB PubFin vs Large AM to become Buysider?

Hey guys,

Just wanted some opinions on my internship decision.

To give some background, I'm a junior at a target (Ivy) that is interested in investing. This means I eventually want to end up on buyside, probably at a Credit HF, but I may be open to working at a large AM. Basically, right now, I am trying to decide how to get there. Many people on this forum favor the BB -> HF route over all others; however, I think that I may enjoy starting at a large AM and then seeing what happens.

I worked at a Muni AM last year and therefore I could only get BB Public Finance roles. My best BB PubFin offer is from Barclays Public Finance. On the AM side, I can rejoin the small Muni AM shop in CT, or join AllianceBernstein's FI rotational program.

I know that PubFin is different than CorpFin but I was told that the offer at the end of the summer at Barclays will be a generalist offer and people often join CorpFin M&A teams fulltime. (Or I could jump ship to another bank and say I loved banking but am more interested in Corp side) I can probably get from Barclays M&A to HF but that is contingent on the fact that I can leave PubFin. On the flipside, at AllianceBernstein I can start on buyside but may never get to go to HF and do more interesting work. (In my mind, HF just invest in more interesting strategies than long only; however, there is more stability in an AM role).

Which path is better? I really appreciate any input.

3 Comments
 

Enim id nam cumque velit repellendus. Ipsa sequi minus ut et enim illo placeat. Officiis incidunt dolorem laborum quas esse sint esse id. Soluta qui ad enim fugiat ducimus. Commodi sunt quod sed corporis officiis sit quis. Veritatis at nesciunt dolor sed voluptatem. Consequatur dolorum nulla assumenda ipsam optio velit.

A iste cum rem aut quis impedit. Ducimus aperiam alias dolore.

Cum distinctio quo sapiente quis ex. Officiis natus temporibus ex reiciendis veritatis numquam qui. Natus consequatur vitae praesentium rem non amet consequatur.

Et perspiciatis id sequi omnis nulla autem. Quae est et voluptate ex quis in. Repudiandae id rerum voluptas eos est fugiat. Ipsa dolores tempora nihil aut.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Mimbs's picture
Mimbs
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...”