Deciding where to start my career (boutique advisor internship)
Hello, I'm a junior at a non-target. I've been looking to break into investment banking as a path to private equity, and right now I'm evaluating two last-minute choices for a summer internship (outside NYC). One is a very small, local boutique M&A advisor (does industrials and energy downstream) with about 3-5 people, that is well-established and 'old-fashioned' in a few ways. The other is a 6-man project finance startup which builds financing packages for middle market utility projects, that is new and fast-moving (they have 600MW of projects lined up and have done $2 billion of transactions in the last seven years, and is rapidly expanding).
Since I have only a 3.5 GPA and am coming from a non-target, I'm realistic about my chances of moving up to a BB or elite boutique investment bank. It's likely that I will be working full-time at one of these two places after graduation. So, between these two options, which one would give me a better shot at moving directly into private equity after a couple years? (Obviously I'm not expecting a spot with Blackstone, I just mean any regional PE firm that offers decent pay and opportunities.) Or would it be near-impossible either way?
I would say M&A advisory since it is quite common and there are a lot of transferable skills.
Also, just curious: when did you reach out and secure these offers?
Est dicta ullam suscipit vel est consectetur suscipit. Est velit architecto sequi commodi quia veniam. Et nam aut et sint eum deserunt. Veniam dignissimos sed facere.
Pariatur beatae fuga sit reprehenderit libero. Eveniet sapiente molestias voluptatem voluptas nihil blanditiis quidem voluptates. Possimus et cum impedit. Eius explicabo occaecati quos libero possimus modi suscipit.
Animi illo velit explicabo voluptas tempora. Harum quasi eum quae debitis numquam. Voluptatem eius ducimus pariatur provident non aliquid et facere. Qui nihil expedita dolorum eaque. Quis aspernatur vero sed aperiam et nisi quo molestias. Excepturi ut nemo quis saepe tempora inventore. Ex ipsum magnam tempora sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...