VC/ PEF Internship or IBD Internship?
Hi, guys. Its my first time writing a post here.
I am a Korean guy who is studying in W&M (Virginia).
I am currently staying in Korea to pursue internship, and I got an offer from a local Korean VC/ PEF firm and Daiwa Securities IBD (Seoul Branch) yesterday.
My concern begins here.
I want to land on IBD in the States after I graduate, and I do not know which option would be better for me in US. (You don't have to tell me getting a job as a foreigner is hard. I already know it is SUPER HARD with my citizenship and school.)
That Korean VC/ PEF firm is one of the top tiers in Korea, but Daiwa is second tier IBD house in Korea. (Not even sure the presence of Daiwa is strong in the States.)
Which option would be better for me later? I need some advice.
why are you interning now? no school?
I took a semester off for my internship.
I don' think either of those names are going to get you very far unless your interviewers are familiar with Korean firms. So I would go with whichever one you think is going to give you the best experience, and best opportunity to learn the stuff you'll be grilled on when applying in the states.
What if I get an offer from UBS? Just let you know, performance UBS IBD is not that great in Korean M&A market.
I agree with Cudi. On the other hand, unless you are interviewing with UBS or someone who is familiar with Asian market in the U.S. I guess brand name of UBS > its actual performance in Korea.
VC/ PEF internship or IBD internship? (Originally Posted: 02/04/2014)
Hi, guys. Its my first time writing a post here. I am a Korean guy who is studying in W&M (Virginia).
I am currently staying in Korea to pursue internship, and I got an offer from a local Korean VC/ PEF firm and Daiwa Securities IBD (Seoul Branch) yesterday.
My concern begins here. I want to land on IBD in the States after I graduate, and I do not know which option would be better for me in US. (You don't have to tell me getting a job as a foreigner is hard. I already know it is SUPER HARD with my citizenship and school.)
That Korean VC/ PEF firm is one of the top tiers in Korea, but Daiwa is second tier IBD house in Korea. (Not even sure the presence of Daiwa is strong in the States.)
Which option would be better for me later? I need some advice.
Depends on which PE/VC fund. If you didn't get the offer at a one thats well-known in the US I'd doubt they even consider it a good PE/VC fund internship. Also, Daiwa does very few deals in Korea to my knowledge although they are working on one of the deals that I am working on at my PE fund in Asia. I think you should think about the learning experience rather than the name at this point if its your first internship in investment banking/PE.
Let me know which PE fund it is. might be able to give you an insight.
Thanks for your comment. The company is IMM Investment.
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