Better Sophomore Year Internship

I'm a sophomore now at a non-target looking to build my resume for an I-Banking or Sales & Trading internship junior year. At this point, my most concrete two options are an internship in operations at a hedge fund in Evanston, IL and an internship with the Fixed Income Investment department at State Farm (working with corporate bonds and mortgage backed securities). Which of these would be a better use of my time this summer?

7 Comments
 

Is there nothing else available? I am in a similar situation as you but am sending my resume everywhere on the off chance I might get an interview. Wouldn't a corporate finance internship be better (this isn't advice, but rather a question of my own)?

 

Well, yeah a corporate finance internship would be optimal, but there haven't been many opportunities for those through on-campus interviewing. I've tried sending out my resume to other places, but I would hate to pass up on a concrete offer hoping for something better to come through. The one benefit of the Fixed Income internship that appealed to me is that they allow you to keep the research reports you construct, which might be something I could bring up in an interview.

 

Is operations truly as bad as everyone here says it is? Obviously it's not something I plan on for a full time career, but would working in operations for the summer after my sophomore year leave me with a tinge of mediocrity? That's the impression I have gotten from the vast majority of posts on these boards.

 

Magnam alias quo quis dolores error dolore iste. Doloribus explicabo reprehenderit vel id corrupti. Aut rerum praesentium et natus et neque. Repellendus sunt quos nobis enim pariatur. Illo voluptatem nesciunt libero. Inventore sapiente deleniti ea quis hic.

Repellendus nemo velit consequatur dolores officia ipsam veniam et. Sed provident veniam perspiciatis delectus at. Sed ut ipsa et vero ea voluptates et maxime. Et et tenetur assumenda nostrum impedit molestias.

Facere excepturi dolor assumenda nihil. Omnis rerum explicabo optio quibusdam et et eum. Assumenda aut accusantium commodi.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (78) $151
  • Intern/Summer Analyst (73) $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

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...”