An MBA here at a M7 school trying to decide between 2 internship offers for this summer, one at McKinsey NY and another at BAML IB in the TMT. McKinsey is offering 165k prorated for the summer vs 150k for BAML. How do you think the hours compare? I heard that if you count in the travel time it's pretty much the same hourly rate.
Long-term I can see both having good exit opps with PE and a senior mgmt role but what does the salary progression compare between the 2?