Hey y’all. Deciding on internships next year. Here are my options:
1- private equity analyst at a 5 billion aum firm 2- ib analyst at a LMM firm 3- commercial banking intern at think capital one, bank of NY, fifth third bank
My ultimate goal is to land a BB ib internship the summer after. Any input would be greatly appreciated!!
| +89 | Nothing to do at work & bored to hell | 9 | 1d |
| +67 | Do people over-index on 'moats' | 22 | 17h |
| +52 | Predicted Net Worth in Trodden Finance Path by 60? | 20 | 1d |
| +44 | Biggest (avoidable) failures in PE Investments? | 25 | 19h |
| +38 | Why is ROIC never really a topic when looking at companies IRL | 11 | 4d |
| +24 | What do you think of PE Value Creation Careers in 2026? | 7 | 31m |
| +15 | Honest opinions needed about lateraling | 5 | 3m |
| +12 | NY LMM PE Recruiting | 3 | 1d |
| +12 | How to approach Buyside Recruiting | 3 | 5d |
| +11 | Is it too late for me? (Rising College Junior) | 3 | 17h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
PE
It depends what you mean by “LMM” bank
At what point would the IB internship be better in your opinion?
If it’s a decent bank then do IB. It’s more relevant bc essentially you’d just be moving upstream to a bigger firm
Commercial Banking intern for sure.
Why?
Ib is more relevant but depends on the pe firm
I would do PE if it’s a high quality firm and it’s actually $5B of direct private equity AUM, as opposed to secondaries or something.
PE but keep in mind your sophomore summer internship doesn’t matter much as most BB/EB recruiting will be done before it starts. I was never asked about my sophomore summer internship in interviews and landed junior SA offers at a top EB and multiple top BBs.
PE internship will give you the best learning experience though imo
Est labore accusamus est provident qui nulla. Consequatur amet modi hic amet qui perferendis enim. Est explicabo omnis tenetur excepturi non facere sit. Minus id dolores et soluta inventore.
Sit quod aut aut est quam ratione. Accusantium nihil velit autem. Et est enim accusantium a doloribus exercitationem dignissimos voluptatem. Atque repudiandae neque aut consequatur sint rerum similique. Porro ut et deserunt dignissimos expedita repellendus omnis.
Consequatur non sunt et inventore voluptatem sunt. Maxime unde voluptatem enim ullam. Sit voluptatem expedita sit architecto. Magni omnis aliquam amet sequi et error sunt ea.
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...