Better Sophomore Year Internship

I'm a sophomore now at a non-target looking to build my resume for an I-Banking or Sales & Trading internship junior year. At this point, my most concrete two options are an internship in operations at a hedge fund in Evanston, IL and an internship with the Fixed Income Investment department at State Farm (working with corporate bonds and mortgage backed securities). Which of these would be a better use of my time this summer?

7 Comments
 

Is there nothing else available? I am in a similar situation as you but am sending my resume everywhere on the off chance I might get an interview. Wouldn't a corporate finance internship be better (this isn't advice, but rather a question of my own)?

 

Well, yeah a corporate finance internship would be optimal, but there haven't been many opportunities for those through on-campus interviewing. I've tried sending out my resume to other places, but I would hate to pass up on a concrete offer hoping for something better to come through. The one benefit of the Fixed Income internship that appealed to me is that they allow you to keep the research reports you construct, which might be something I could bring up in an interview.

 

Is operations truly as bad as everyone here says it is? Obviously it's not something I plan on for a full time career, but would working in operations for the summer after my sophomore year leave me with a tinge of mediocrity? That's the impression I have gotten from the vast majority of posts on these boards.

 

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