Any advice on which internship?

I'm trying to decide what to do for my summer internship. I have an offer from Keefe, Bruyette & Woods for a summer analyst and an offer from BlackRock for their PAG. Also, I just interviewed at DB in Global Banking and I am going in for the second round. The deadline for getting back to KBW is quickly approaching and I will not have had my final round at DB yet when I have to give KBW an answer. Any advice on what I should do? If DB doesn't offer me a position, would it be a mistake to go to BlackRock for the summer and gain a better understanding of that side of the industry even if it's likely that I'll still plan on applying for full time banking positions? Also, if I should stick to banking for the summer, should I risk turning down KBW and not getting an offer from DB? Any advice would be appreciated.

3 Comments
 

You should go with KBW, especially since it's for SA. The benefiting from summering at a slightly better bank in no way offsets the chance of screwing yourself out of IBD. Blackrock will likely make it impossible to get back into banking.

Also, I thought the last superday for DB was last friday? When is your final round/are you a non-target?

 
Best Response

I have a somewhat similar dilemma with KBW. Full-time goal (straight out of college) is i-banking, but now I have offers for summer internships with competing deadlines with: 1) KBW I-banking 2) JPM Mid Corporate Banking 3) HSBC Private Banking.

Still waiting on a call from another BB (well... KBW is a boutique, anyway). I was wondering if you had any feedback on which offer to take. or the pros/cons of each -- particularly KBW over JPM or the other way around.

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