CorpFin or WM?

Hey guys, so I'm going into the summer before my senior year in undergrad at a top 100 school. I have been part-time interning with a UBS Wealth Management group, one of their top 100 groups nationally, and have a full time offer for the summer. It's not a structured program internship, but just an intern with this specific group. It is not much money compared with official internship programs, but they still have great resources to learn from.

However, I just recieved an offer for a corporate finance internship with a smaller manufacturing firm. I would be working on specific projects directly with their CFO, who last worked in IB for a BB. This internship is also higher pay than UBS WM.

I would like to go into C-banking or I-banking after graduation next year, or CorpFin at a large, nationally recognized company. After a few years, then I think would be better to go into WM or advisory. I also interned with AXA Advisors last summer.

Essentially, which job would you choose and why? I would appreciate fast responses as both deadlines are approaching. Thanks so much!

4 Comments
 

c-banking? corporate banking? not sure what your trying to convey there. If you go into WM out of undergrad its going to be a long hard road to earning a salary you can support yourself on. Its an eat what you kill mentality, and as a 21 year old fresh college grad its hard to convince people to entrust their personal finances, retirement, etc. with you and not someone with more experience. Go the Corp Fin route in my opinion. Your more likely to get the chance to do some underwriting or analysis.

Here's the thing. If you can't spot the sucker in the first half hour at the table, you are the sucker.
 

Yes, I meant corporate/commercial banking with that. The WM is for the summer only, and I hear you on that it is tough to make yourself in WM. I don't exactly want to go into WM or FA, but the opportunity came to intern there. UBS is a big name thought, so hopefully it will carry some weight in banking and CorpFin interviews in the fall. I am leaning towards the CorpFin internship though. Thanks for your input.

 

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