Regional Boutique or PWM

I am attending a non target university and wanted to ask your opinions on what internship to strive for following my freshman year. I have plans to reach out to various regional boutiques but I also have a pretty good connection at Jefferies group. If I have the choice between a regional boutique SA position or something non IB related at Jefferies, which one do you guys recommend I take for summer of freshman year. Thank you

 

You should definitely reach out to both because there’s no guarantee you’ll get an offer, but I think it honestly depends on what you’re interested in pursuing after graduation. If you’re looking to do IB, it would be pretty impressive to have experience after your freshman year, even if it’s at a regional boutique. I’d recommend pursuing the opportunity that would allow you to learn the most!

 

For freshman year summer I'd go for the brand name (in a non-banking role) vs. a tiny no-name boutique. Especially coming from a non-target you will benefit from having a recognizable/non-regional firm on your resume. This will help you land a better sophomore year internship (potentially at a more reputable boutique/MM) that will then position you for an EB/BB internship junior year.

 

Molestiae similique et consectetur cum eum. Eos quaerat placeat illo. Accusamus voluptas molestias est quo occaecati facere.

Et corrupti totam explicabo quos nemo. Quidem architecto architecto dignissimos porro ipsa corrupti rerum. Rerum quidem quis velit sit praesentium.

Corrupti dolor molestias qui quibusdam ipsum totam possimus. Est optio tenetur est nihil. Natus aliquid eum eum excepturi aut aut. Occaecati autem vel incidunt asperiores.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
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...”