I got a couple of summer internship offers. majority of the programs seem to be rotational so... no real distinction there.
MS BAML RBC RBS (waiting on)
all in S&T
some help?
| +11 | CLT vs NYC Help | 6 | 1d |
| +10 | 2026 MM S&T Rankings | 4 | 4d |
| +9 | Best Degree at LSE for trading | 5 | 2d |
| +9 | Took a counter-offer and now considering resigning again | 1 | 2d |
| +6 | How To Business Development For Agency Equity Trading? Job advice - HELP | 1 | 5d |
| +1 | Best major for s&t? | 3 | 12h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
All other things being equal, I would think MS would be the clear winner, but each firm has different strengths. If you know which groups are giving you offers, which one do you think feels like the best fit for the people you want to work with?
Long-run, if you're good, it doesn't matter if you get hired by Scottrade's market-making group (if they even have one) or Goldman Sachs. What matters most is that you've got intelligent people there that are willing and able to show you how things are done. It's more likely that you'll get really smart people to show you the ropes at Morgan Stanley, but if things really clicked at RBS and the people you spoke with struck you as extremely competent, eager to share their knowledge, and passionate about what they do, RBS may be the better choice in the long-run.
MS
I'd go with MS
BAML
I think you have them in the right order, as listed honestly
i guess the real competition is BAML vs MS.
my interests are in equity and equity deriv., so... was thinking BAML would be the better choice seeing as they (ML) are the the top shop in terms of pure volume only comparable to JP...
and they (ML) are innovative in terms of equity deriv. i.e. LYON etc etc
still MS?
btw thanks everyone for your inputs
Do you know where you'll be placed at MS or BAML?
its a rotational program...
i am told that i will be given 3 choices.
I agree with the ordering in the original post.
Go MS
can't really comment on their relative equities strengths. but if you're interested in FICC, MS is particularly strong in commodities, BAML for credit/MBS/G10 rates, RBS for FX. you can probably cross off RBC unless you found something particularly appealing about them.
Iure aut officiis nobis. Porro fugit eos et eligendi sit aut non.
Provident dolores vel quod alias quis eveniet. Quo dolore et omnis veritatis aspernatur reprehenderit. Voluptatibus necessitatibus sunt qui vel excepturi fuga quo.
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...