Deciding Between Offers, Pepsi/Soros/Legg Mason or - Holding four offers
Hey guys,
A little bit about my background, I am a current junior who came from a target school and just went through the whole internship recruitment process. I have previous internship at Operation and Audit at well know firms. This year, I did eventually end up holding four offers (none of them were through OCR..).
1.Pepsi-Finance in White Plain New York, 10 weeks
2.Soros Fund-Project Management in NYC, run through the whole year from April to 2014
3.Legg Mason- Fund Expense Analyst in Stamford,CT, 10 weeks.
4. Big AM in HK (U.S recruiters are not likely to know it tho), which is a FO analyst.
Benefits would be very much the same except that I might get some free Lays and cola from Pepsi...Location is not a concern either(tho I want to eventually work in NYC)
My end goal for full-time recruitment is Transaction Service in Big4, Credit Risk, Equity Research, corporate strategy, or Management/Data consulting. Its very hard for me to choose because while the first 3 are well known company, none of the work is FO and may not have much transferable skills for the position I will be eventually looking for. On the other hand, the AM in HK is not known for the recruiter in the U.S, plus I am not sure how much I can be exposed to since that internship is not well structured.
Now I am leaning more towards Soros since I think the name will be more golden on the resume, however the work may not be as exciting as the other three.
Any comment will be appreciated!
What's the name of the AM in HK?
I heard Soros and I just ... remembered the dealbreaker article posted today. http://dealbreaker.com/2013/03/george-soros-reserves-his-strength-to-pl…
[quote=DaisukiDaYo]What's the name of the AM in HK?
I heard Soros and I just ... remembered the dealbreaker article posted today. http://dealbreaker.com/2013/03/george-soros-reserves-his-strength-to-pl…]
It is under the one of the biggest insurer in China and is about 1B~10B. haha Soros is always on the news with his ladies but I think they are still doing great and well-recognized by the street?
Yeah without the name we can't really give you any solid advice, but here goes:
If you want to stay in the U.S. - go with Soros, given the options. Both Pepsi and Legg Mason sound like back office. Not sure about project management job description, but you'll find that the name helps with the type of work you're looking to get into post-grad.
As for the HK AM, unless you're planning on staying in HK/China, don't take it. While the work experience will definitely be beneficial, since you stated many firms in the US won't know it, I would shy away and take it as a second option only (unless we actually do know it).
If you're worried about the FO gig, my take on it is this: having a brand name on your resume will land you interviews regardless of position - I know plenty of my friends with BB transaction services summer internships who have gone on to get FO interviews.
In the end, all up to you.
On the other hand, my own view on Pepsi is that it is more widely recognized, and the accounting skills within the Finance department may be transferable to BIG4 and even research. The work within Legg Mason may be more analytical, and again, it is less recognized than Soros and Pepsi IMO...
what do you think?
Ok, you have to decide what you want to do, there are obviously different recs for different scenarios. Instead of putting "Transaction Service in Big4, Credit Risk, Equity Research, corporate strategy, or Management/Data consulting", why don't you narrow this down so we can better help you ?
Inappropriate comment.
Where's blastoise when you need him/her/it?
I can guarantee you that Pepsi won't give you free Coca Cola....
bump!
4 is the obvious choice. FO internship at big AM with no formalized structure is a great opportunity and you'll have a chance to proactively shape your experiences.
The no brain choice is take one of the back office brand name gigs. You literally won't need your brain to do the job and you can peacock their brand as some sort of actual skill. Lazy Lazy Lazy.
Believe in yourself and use your brain. Who cares if no one has heard of the AM. Just note the AUM and you'll be fine. Soros and Legg Mason will understand why you took a front office internship over them.
Haha, I love the use of 'peacock' as a verb.
Hey man thanks for the comment and I think your point is quite valid that the actual skill is important. However, I am not sure how much exposure I can get on that fund, plus my assumption is that U.S recruiter, especially on the junior summer internship and full-time recruiting, will weigh more on brand name on overseas internship since it is quite hard to differentiate those oversea experience when everybody seems to be doing the same work. What's your take on that?
1) If you're worried about exposure, put together a "forward looking" resume that highlights all the things you hope accomplish during your internship and actually accomplish them. 2) You are assuming recruiters do not understand nor appreciate the value of a FO internship at a multi-billion dollar fund. 3) BO jobs will always be there. You don't need brand name experience on your resume to get those kind of jobs. 4) While brand is helpful please realize that making a decision based purely on brand and without proper due diligence is blindly letting others make the decisions for you.
All that said, it's up to you.
Is your HK gig in PICC? One of my friends interned there as a sophomore. From his words it was a pretty unstructured program.
Deciding Between Offers, Pepsi/Soros/Legg Mason or - Current junior who came from a target school (Originally Posted: 03/13/2013)
Hey guys,
A little bit about my background, I am a current junior who came from a target school and just went through the whole internship recruitment process. I have previous internship at Operation and Audit at well know firms. This year, I did eventually end up holding four offers (none of them were through OCR..).
1.Pepsi-Finance in White Plain New York, 10 weeks 2.Soros Fund-Project Management in NYC, run through the whole year from April to 2014 3.Legg Mason- Fund Expense Analyst in Stamford,CT, 10 weeks. 4. Big AM in HK (U.S recruiters are not likely to know it tho), which is a FO analyst.
Benefits would be very much the same except that I might get some free Lays and Cola from Pepsi...Location is not a concern either(tho I want to eventually work in NYC)
My end goal for full-time recruitment is Transaction Service in Big4, Credit Risk, Equity Research, corporate strategy, or Management/Data consulting. Its very hard for me to choose because while the first 3 are well known company, none of the work is FO and may not have much transferable skills for the position I will be eventually looking for. On the other hand, the AM in HK is not known for the recruiter in the U.S, plus I am not sure how much I can be exposed to since that internship is not well structured.
Now I am leaning more towards Soros since I think the name will be more golden on the resume, however the work may not be as exciting as the other three.
Any comment will be appreciated!
Doubt you will get free Coke at Pepsi.
Not Pepsi. The HK one sounds intriguing although I clearly know nothing about it. Soros also sounds legit. I'm leaning Soros.
I don't understand what Project Management means in the Soros offer. I mean, what exactly is it that you would be doing?
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