I'm a sophomore at a non-target (3rd year of a 5-year program) ultimately hoping to get into IB through 2020 summer analyst recruiting. I have one PE internship and one BB operations-like internship under my belt.
Today, I received two internship offers for this upcoming summer 2019:
- Equity Research Role at a BB in New York (valuable network in NY, front-office role at a great brand name, immensely better pay, better hours. downside is it's not investment banking, and role doesn't allow me to dive deep into companies due to tight deadlines)
- Investment Banking Analyst at a small boutique in Boston (would give me banking/transaction experience which I lack, greater responsibility, no housing required as I'm from Boston. downside is if summer analyst recruiting doesn't work out for me, I'm in a weaker position than if I chose the BB)
Which sophomore summer internship would position me better for 2020 SA recruiting? Would greatly appreciate any advice. I'm indecisive as fuck and can't choose between the two.