Should I trade up banks to recruit for PE?

Just finished my sophomore internship in a mid tier coverage group at BAML/Barclays. I have a junior offer from MS/GS, and I'm wondering if the benefit is great enough in PE recruiting that I should trade up?

I really liked my team at BAML/Barclays, and would prefer to go back if I still have an equal chance at recruiting for UMM+ PE firms. Will headhunters see that I was a sophomore intern and thus give me a "pass" in having a less prestigious bank?

9 Comments
 

PE recruiting depends on a variety of factors such as your school, your GPA, your Group and Bank, etc.

If you plan on recruiting off-cycle then staying at a group you like can be helpful because reviews may be more important then.

However, should you be at a non-target school, trading up is more helpful because you'll give HH's a reason to cling onto you.

There is no right or wrong answer per say because if your group at BAML/Barclays loves you and they will be more supportive of you and you'll have a great time.

However, especially at this stage in your career, the junior offer at MS/GS will open more doors for you and I'd recommend going there. Just remember that if you were 5 6 years out in your career, personal preference > brand. But for the time being, MS/GS will serve you well.

 

No I am unfortunately I wish I was. But what makes you think I am a student?

 

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