Help on choosing internship

Hi everyone, I am very new to this website. I am just really struggling over which internship I should choose because my family and friends are relatively clueless when it comes to business, and I am searching for some advice. I was planning on the commercial banking route, coming from a top public university with a good GPA. I have little experience in business, but landed a commercial banking internship with a top 15 bank in the U.S. and was pretty dead set on accepting the offer. Then, I received another offer for a Risk Management position at a BB Bank in the city where I go to college. The risk management position pays $10/hr more than the commercial banking internship, and I wouldn't have to move and find someone to sublease my room for the summer. It logistically makes a lot more sense to take the Risk Management position, but after reading several forums, I have become worried about the possible exit opportunities from a middle office role. I do not want to be stuck in a middle office role forever, as I have aspirations to become a relationship manager in commercial banking. I was wondering if it would be difficult to find another position in commercial banking after a summer spent in risk management at a BB bank over the summer. I would also like to possibly work for a larger bank than the one I have a current internship offer for, but, I shouldn't be complaining. It is a great opportunity. Any help or insight into this dilemma is greatly appreciated. 

 

Debitis sed occaecati nisi sed odio et. Voluptates sed qui suscipit itaque magnam illo libero. Quibusdam optio temporibus ut dolore dolorem minima nihil. Quis ut facilis magni. Distinctio quia consequuntur exercitationem veritatis voluptates esse iste. Rem ut placeat blanditiis molestiae.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
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...”