Which Sophomore Internship Will Look Best?

I'm seeking internship advice for my sophomore summer (2021). I am exploring my options and was wondering which internship would set me up best in recruiting for an IB SA position at an EB/MM bank my junior summer (2022). I go to a non-target but have networked with alum and made connections which have resulted in upcoming interviews at a LMM PE firm as well as a regional boutique investment bank (really small, less than 15 employees). I am also considering applying for PWM internships. Given a best-case scenario and I have offers for all three, which will give me the better experience and look best on a resume in the eyes of a recruiter? Appreciate any and all feedback.

5 Comments
 

So I'm assuming that the PE firm and the PWM firms have relatively good brand names. Honestly, I would say go with the PE firm on the face of it because that sounds to have the most transferable experience, however I don't know what you would be doing at the boutique so I could be wrong. If they give you solid valuation and pitch deck work, I would take it with the only other factor being notoriety. Good luck.

 

The PE firm definitely has the better name. The level of experience was also my concern for the boutique. With everything going on and how the economy is I don't know how much valuation and pitch deck work I would be getting and whether or not it would be solid because of its size (it is also M&A focused so I am not sure how much activity they will be having). I appreciate the feedback.

 

I've been reading a lot and have seen that people expect M&A activity to accelerate by the time I would start but I wasn't sure if that only applied to the more well known banks or if it applied to boutiques as well. I guess I will just have to pay close attention to see their level of activity compared to the rest of the industry. Thanks again.

 

Cum eaque quo et odio ut. Et sint quia est vero.

Et quis maiores laborum a pariatur. Doloribus sit perferendis voluptatum qui dolorem velit beatae beatae. Soluta a quam eos. Enim maxime et sed beatae veritatis ea. Laudantium ut est provident aliquid. Sit accusantium voluptatem ratione temporibus sequi.

Facilis repellat laboriosam id iure illo. Sint ut laborum est totam. Et in et est ullam. Aut voluptas qui beatae vel et non. Rerum qui distinctio laudantium quo. Sit illo odit nam id incidunt excepturi.

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 98.8%
  • 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 (45) $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
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
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
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...”