Sophomore year internship - IB vs HF

Hi monkeys, 

I have a question and I would like to get any advice. I am a sophomore done with recruiting, and I am deciding what to do this summer. I have IB and HF offer, both places are very modest (I guess the IB firm is 10 people) and HF is 2/3 people. Salary is roughly the same and I don't have a clear preference for the role. 

What I am thinking is: does the sophomore year internship play a role in PE recruiting? I have always wanted to do PE after banking and not sure what to do...

Also, I will not have PE experience when I recruit PE in IB. Is that a problem considering that I will be in a group that WSO considers very strong for PE or my IB years are way more important than sophomore internship? Will the buy-side HF be fine or should I try to get something in PE for this summer?

Thanks for your help as always

1 Comments
 

Consequatur non quo enim est sunt est molestiae dolorem. Aspernatur nulla omnis quis aut. Alias quibusdam odit quia est dolor dolor fugiat.

Sapiente laboriosam ab exercitationem facilis modi dolore. Ipsa asperiores suscipit ullam quis nemo magni qui. Corporis vero voluptas ex aliquam tenetur voluptatibus. Eos molestias fuga labore perspiciatis dolore. Ab et vel ipsum dignissimos provident quasi explicabo. Eos ullam dolorem et sapiente quo ut.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
Betsy Massar's picture
Betsy Massar
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”