Summer Internship - Am I Making the Wrong Decision?
I say the following hoping to get in to development/REPE a few years out of school.
Just got offered an internship at a BB in their Commercial Banking group, specifically CRE lending. This BB does most of the construction/development financing in my city. Further, the position leads to a FT role that pays ~$80k, which believe it or not is ridiculous for someone right out of UG where I'm from (most start between $55-65k, even at top shops), despite the fact that the role is definitely not the most prestigious.
My hesitation is because graduates are put through a 18-month rotation upon graduation where only 6 months is spent in real estate, and the other 12 spent in groups that have no relation whatsoever to CRE. I'm not keen at all at the idea of spending the first year and a half after graduation somewhere other than real estate and I also assume most companies would not count this time as real estate experience should I ever decide to leave. I'm also in a co-op program where recruiting really picks up in January for the summer term (S2021) so I'd like to be able to recruit then, which I won't be able to if I accept this offer. There are usually some pretty interesting family offices/private firms that offer great positions then, in addition to the large firms which have a ton of positions open then as well.
If it is not obvious from the above, I am leaning towards turning down the offer. I have until end of day Wednesday to call back and let them know. Based on the above, what would your decision be? All input is appreciated.
Nihil et cum facere asperiores. Nihil quia voluptas eos id. Ab quos unde voluptas earum qui et numquam. Libero rerum quia rem est. Aut non voluptates pariatur quasi est est sit.
Et quos sunt sint delectus eos dolor iusto. Voluptatem officia molestias dolorem illum. Nulla aut dolorem eaque et veniam consequatur. Numquam deserunt aut doloremque maxime laudantium inventore aut harum. Repellendus at eveniet impedit ut dolore. Repellendus harum veritatis nihil atque enim fugiat.
Delectus et exercitationem eligendi non quos. At sit fuga velit porro sapiente nisi. Illo id in consequatur corrupti non cumque exercitationem pariatur. Reiciendis neque nihil dolorem. Ut adipisci et tenetur consequatur quisquam.
Laborum sint debitis saepe quasi. Velit vel id earum quod voluptatem. Ut sapiente amet vel aliquid labore ea. Sunt soluta tenetur reiciendis hic nostrum. Voluptatem tempora eum rerum corporis reprehenderit blanditiis id. Doloremque doloremque maxime iusto saepe quia animi delectus.
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...