AXA or Northwestern Mutual?
Hey everyone, new to the forum, would love some advice with this. I'm looking to secure an analyst position, but I know that's near impossible to do at this point being that most firms have stopped hiring for the year. However, I have offers from these two firms, and while I know they aren't that hard to come by, I was wondering which would be better to put on my resume if I'm hoping to move up when hiring season starts again? Are there any other companies in this industry that I should look at, and should I be doing something instead of this that looks more attractive to banks? Thanks everyone, looking forward to seeing what everyone has to say.
Are you out of school? Or is this an internship?
Honestly, neither of these will be attractive to IB's.
What is your background like?
Neither will set you up for IB.
I recommend applying to the M&A Boutique unpaid internship in Charlotte. Its listed on the Job Board. Message Vontrpnats. Its worth a shot!
I am not sure what role the AXA position is, but it is probably better than Northwestern Mutual. That company's internships are basically exercises in cold calling.
A couple friends of mine interned with them. They actually distribute worksheets where you list your friends' and family's contact info, with the instruction to hawk insurance to them.
Bro, you're better off doing the fucking CFA than working for either of those two companies. Shit, you'd even be better off trading whatever cash you have on E-Trade or Zecco. SEARCH CRAIGSLIST. ANYTHING but retail finance, man.
I am also a college student, I have a friend who graduated into northwestern mutual last year and he says that he likes it because he is essentially working for himself selling insurance. I am not too educated on AXA but I did get a call back from them almost minutes after I sent a dummy application in, which is either a signal of great HR, or something is fishy.
Northwestern has strange practices for interviewing (the cold calling contact lists mentioned above).
I don't want to put a negative view on either of your offers because I do not know details, of the two I would most likely pick AXA (as an FA getting investment experience), as most people above me are mentioning neither are directly related to IB.
Best of luck!
In retail finance myself... dont expect to leverage these positions into IB, it wont happen.
But do it if you need the $, or are desperate to add something to the resume.
They are more than likely looking for salesmen. Do you like sales?
Oh no, retail is awful. Run away, run far far away
lol how come you guys are so harsh on him? If he's a current student (freshman or sophomore), isn't some experience better than nothing?
Hell no. OP, you're seriously better off doing almost anything else than a retail finance internship. Short of playing video games all summer, there are few things that could set you up worse for IB.
Start a company, start / run a club, get a PWM internship off of Craigslist (no joke), get a generalist internship at any finance firm off of Craigslist; just don't do retail finance. No real connections, everyone you know will hate you after, it takes tons of work to succeed anyway, and no one cares about or respects what you will do.
In short, stay far the fuck away.
Scared of sales, only focused on the negatives
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