Junior internship decision

Hi everyone! So far I have two possible summer plans (Student at target, GPA~3.50)
1) working at Alvarez & Marsal's public sector division under practice operations (Finance, Marketing, HR, IT, Knowledge Management, etc.) fom mid-June to late August
2) working at an IB boutique (unpaid) in New York for 6 weeks then a risk management program/ consulting firm for 8 weeks. The company is quite big (with around 15 offices around the world) and is probably only famous in the risk management industry. The job requires me to do financial forecasting and research on financial default for various models, among other things.

I don't know what I want to do in the long run yet. I know I don't want to do IB (but it would be nice to try it out for 6 weeks) and I don't think risk management is something I will be interested in doing (but the internship offers good skills). I think I want to go into consulting after graduation, but as you can see, the job is not exactly "consulting".
What should I do?

Thank you for reading!

3 Comments
 

The Alvarez Marsal position is back office so you won't really gain any handy skills for Consulting. The 2nd option sounds better but if money is an issue then go with the first.

The 2nd option will give you better exposure that you can talk about in interviews for FT as well.

 

Voluptas ab asperiores voluptatem veritatis est ratione. Odio nesciunt ut quia nesciunt nam. Et minima aperiam architecto quis eligendi facere accusantium. Corrupti ex vel qui quam nam iste. Et aut quisquam ut ea ex distinctio quia.

Distinctio illum et sunt maxime ut libero doloremque placeat. Non et repellat et quisquam dignissimos illum rem. Odio consequatur occaecati eveniet provident cum. Quo eum accusamus quia beatae ipsam voluptas. Earum beatae esse esse commodi ut.

Praesentium sed nesciunt dicta voluptate voluptates. Consectetur repudiandae adipisci id ut quam facilis. Consequatur voluptatem expedita aut. Vel deleniti et a consectetur fugiat dolores deserunt sunt. Ut alias culpa rerum dolorem cum. Sint accusantium ut tenetur voluptas laboriosam.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
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...”