I am currently an intern in Cash Equities S&T in Eastern Europe at a BB (think BAML, Citi, CS). My internship ends at the end of May. One month into my current internship, I applied for an Internship in FICC S&T at a higher tier BB (think GS, JPM, MS). I have completed the video interview this week. I want to switch internships because:
Interns are not offered full-time positions after the internship ends
The pay is 5x at the other internship
Cash Equities is a dying business
GS/JPM/MS > BAML/Citi/CS on a resume
The problem: If I receive an offer, I will have to quit my current internship early because the other internship starts in April.
In my city, finance professionals all know each other. To top it off, the bank I am currently interning at and the bank I applied to, are located in the same office building. My goal is to explain to my seniors why I want to switch internships without them reacting negatively and ask them to recommend me to their friends/acquaintances at the other bank. How do I do this successfully?
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