Capital Markets vs Credit investment analyst Internship

I’ve been fortunate to receive two great offers and would love some advice on making a decision.

- Option 1: A role at a strong brokerage shop (JLL, CBRE, Eastdil) in a major city (NY, LA, SF), working in capital markets.
- Option 2: A role at a private equity shop (around $10B AUM), underwriting middle-market credit deals.

The brokerage shop offers top-tier name recognition, exposure to institutional deals, and a great foundation in capital markets. However, transitioning to the principal side might take more effort.

The PE shop, while smaller and less recognizable, aligns more directly with my long-term goal of principal-side investing, particularly in the middle market. It also offers earlier exposure to underwriting and direct investing experience.

Both are great opportunities, but I’m torn between the prestige and network of the brokerage versus the specialization and alignment of the PE shop.

What would you do in my position? Any insights from those who’ve worked in either space would be hugely appreciated!

1 Comments
 

Rerum qui at facere est. Blanditiis aut labore dolore exercitationem tempora. Facere dolores quisquam voluptatibus commodi natus suscipit.

Est sequi saepe dignissimos tenetur ad. Cumque id consequatur excepturi non voluptatum atque odit. Quo et reiciendis et. Voluptas voluptatum vero id rem placeat.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
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...”