Best route to IB/HF/PE between these 2 internships

I'm in the interviewing process of 2 internships at the moment.

I'm not even sure of landing one - I'll give it my very best mind you, really need this - but hypothetically what's the best option if my dream/goal is IB/HF/PE (high finance type of job)?

This is if I get an offer from both let's say, I just want to know as a general inquiry.

The 2 internships are:

1) UBS CFO IB internship. Finance team of the IB division. So basically reporting, forecasting, planning controlling and regulatory stuff (Banking regulation)

2) Credit Suisse Private Bank Hedge Fund Investments internship. Basically product selection, hedge fund advisory business and discretionary business.

 

CS, seems somewhat similar to fund of funds due diligence. If you're interested in assessing different strategies, macro concepts, manager track records, fund structuring, etc. definitely go with that. Networking should be alright too. UBS one would make it even harder for a possible transition... plus the brand name is not as good IMO.

[quote]The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.[/quote]
 
SonnyZH:

CS, seems somewhat similar to fund of funds due diligence. If you're interested in assessing different strategies, macro concepts, manager track records, fund structuring, etc. definitely go with that. Networking should be alright too. UBS one would make it even harder for a possible transition... plus the brand name is not as good IMO.

Yeah working in the hedge fund industry would be amazing and is a medium-long term goal for me so the CS position would be an incredible opportunity.

Can you please expand on the brand name thing? I'm new to this. Why is Credit Suisse better regarded than UBS?

 
Best Response

Deleniti et autem consequatur ducimus nesciunt consequatur. Facilis rerum sed est est maxime magnam quae illo. Dolores culpa enim tempora minima unde blanditiis sed. Nulla tenetur vel id doloremque eum.

[quote]The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.[/quote]

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
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...”