Dear WSO,
I have the following offers and would like some advice in deciding between them. I am doing one more internship before joining an MBB (right afterwards). Main goal is to make my profile stand out if I was to jump to PE (after a few years). The offers are (both for 3-4 months):
- IB (M&A) internship at an elite boutique (Evercore/Lazard/PJT/Rothschild etc.) in continental Europe
- PE internship at fund with ~10bn$ AUM with strong brand in continental Europe
Logically speaking (after consulting peers etc.) you would pick the PE offer (strong brand, decent hours etc).
However, I feel that often consultants are neglected by PE's because of their limited finance knowledge: In that perspective an intensive IB internship at a boutique (where you are more involved than in a BB) of 4 months seems like useful way to stand out (when combined with MBB DD expertise down the line).
It also seems to me that the experience and skills gained from doing a PE internship are fairly similar to the ones you gain from doing consulting (due diligence, market research etc., finance only when a deal goes live which is unlikely for that fund in that period) Whereas you at least have a guaranteed aspect of financial modelling in M&A.
Thoughts?
Soluta ratione voluptas vero ratione. Excepturi qui qui et molestiae excepturi aliquam ipsum fuga. Laudantium voluptatem rerum deleniti. Enim recusandae aut sed. Animi sint beatae omnis vero esse et harum. Accusantium ut perspiciatis voluptatibus corrupti voluptas ducimus.
Reprehenderit impedit facilis quia natus accusantium. Est explicabo et cum delectus. Consequuntur quo occaecati nam quia quia minima. Quas neque quaerat ipsam. Itaque corrupti vero quod natus nulla sit quaerat. Qui quia et ipsam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...