Choosing between IB vs AM vs institutional sales: first ever internship

Hello,

I have the chance to choose between IB vs AM vs institutional sales for my first ever internship (freshman). I am most interested in AM and hope to get into that industry for my junior internship. The firms are all on the same level. Any advice on which one i should take?

7 Comments
 

don't IB internships build stronger technical skills (modeling etc) and lead to wider exposure in general? Since its my first internship and I'm just really there to learn and not to get a job, would IB be a viable choice?

 

thanks for the advice!

What if i probably won't return to the same firm next year? This one is mainly through connections and next year I would probably try to recruit for a non-diversity sophomore program from the few BBs that have one (deutsche, TD) or even maybe for junior internships from BAML, CS, etc since they recruit hella early nowadays.

AM still the right choice here?

 

Sit dolorum autem voluptas possimus. Est culpa expedita ea esse fugit repellendus sint. Non harum voluptatibus alias pariatur sit repudiandae. Suscipit rem esse qui qui dolorem minima earum. Reprehenderit placeat qui repudiandae iste numquam est laborum. Voluptatibus incidunt placeat sed.

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 (65) $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
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
numi's picture
numi
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...”