PE or Corporate & Investment Banking SA???

I have conflicting offers for a SA role at a commercial bank in their corporate & investment banking division (HSBC/Lloyds) and a private equity firm (most recent fund size >£1bn).

The duration of the PE firms' internship is half that of the commercial bank and the commercial bank internship is in their commercial and investment banking division. Contrary to this the PE firms' internship is quite hands on and 90% of the employees are ex investment bankers from associate and above.

In regards to what I would prioritise, it would mainly be:

  • gaining real desk experience

  • having the opportunity to learn

  • establishing a long term network

  • prestige of firm/experience

Conversion to a FT role/compensation does not matter in this specific circumstance. For my long term career goals, I'd love to eventually enter PE after an IB stint or HF.

I have been struggling with this decision and would love any advice/guidance on moving forward. Any help is significantly appreciated, thank you.

Temporibus porro officia qui ut debitis laboriosam. Consequatur voluptatibus eum vitae optio. Quia culpa ipsa ipsa accusantium.

In ut dolores ipsa omnis dolores officia. Sed autem maxime dolore repudiandae maiores. Aperiam doloremque id deserunt saepe accusamus. Quo tempora dolores cupiditate sint in quos iure modi. Harum voluptatibus unde voluptatem quasi at itaque.

Career Advancement Opportunities

September 2023 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 98.9%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

September 2023 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • Ardian 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

September 2023 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 98.9%
  • Warburg Pincus 98.4%
  • Blackstone Group 97.9%
  • KKR (Kohlberg Kravis Roberts) 97.4%

Total Avg Compensation

September 2023 Private Equity

  • Principal (8) $676
  • Director/MD (22) $599
  • Vice President (88) $361
  • 3rd+ Year Associate (87) $277
  • 2nd Year Associate (197) $267
  • 1st Year Associate (376) $227
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (80) $133
  • 1st Year Analyst (236) $121
  • Intern/Summer Associate (31) $81
  • Intern/Summer Analyst (305) $59
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...”

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...”