Is sophomore asset management good for junior IB?

Hey everyone, I'm a sophomore. I just got an offer from an AM firm with ~$25bn in AUM. I'm still waiting on other opportunities that are in IB. I'd obv rather take those, but if need be, is AM during sophomore summer going to be fine for junior year IB recruiting? I also have this other PWM gig that I'm waiting on, so would that be better than AM?

2 Comments
 

I think the AM role would be better for your career. Getting exposure to institutional investing as a sophomore is pretty rare. It’s a more valuable experience imo and you’ll learn a lot that I think will be good material to gas yourself up in interviews. However, I do see a lot of PWM interns end up in IB eventually so maybe that experience is valued in that role. Could also be that the AM interns recruit for AM less than IB whereas the PWM interns are all gunning for IB.

 

Iusto necessitatibus magnam voluptatem fuga quo. Mollitia inventore et distinctio.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • Goldman Sachs 02 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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

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...”