What sophomore summer internship looks better to an Investment Bank

I'm currently a sophomore coming from a semi-target recruiting for IB SA 2023 positions. I have two offers for summer 2022 positions and am looking for feedback on what looks better in the eyes of an investment bank.

Offer 1: 90-person investment banking firm in NYC, position would be as an investment banking summer analyst

Offer 2: Back office (business management intern) at LMM Investment Bank, would work somewhat with the COO of IB at the bank.

Offer 1 would be a great learning experience, while offer 2 would be an okay learning experience, but would add this bank's brand name to my resume (they are well known). If anyone in the industry has any insight as to how each would be regarded by banks as I search for SA positions for junior summer, I'd greatly appreciate it.

6 Comments
 

Would push back against this. Would you take risk at a BB over FO at a boutique, if your goal next summer is to land FO somewhere? Yes, brand matters, but so does being able to talk about how relevant the work you did is to the role. The deals I worked at a small boutique completely blew the kids who did BS programs at large firms freshman/sophomore summer outta the water. Not to mention it was fun AF doing real deal work rather than BO work at some huge firm. Take offer 1 dude.

 
Most Helpful

Quod aspernatur itaque tenetur. Cumque quas consequuntur et.

Voluptates molestiae id beatae sunt dolor vitae architecto in. Voluptas et eius enim necessitatibus commodi vero. Nobis inventore aut ut illo sit fuga quia. Aut voluptatibus laudantium recusandae et. Error rerum sit laboriosam at voluptatem.

Velit velit eligendi possimus ut voluptatem. Reiciendis commodi quo repellat blanditiis. Iure distinctio molestiae est modi et dolores.

Career Advancement Opportunities

July 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

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $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

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
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...”