Freshman Internship - Unpaid & Relevant Or Paid and Not Relevant
Currently between a few internships for this summer and wanted to get some perspective on people actually in the industry.
Background: Semi-target university in the Northeast, interested in working in investment banking or restructuring after graduation
Internship 1: Small M&A advisory and business brokerage - Unpaid, part-time, would work with two partners on a long-term deal over the course of the summer
Internship 2: Boutique private equity firm (~200M) - Unpaid, part-time, would be doing deal sourcing, financial analysis of target companies, etc. Most likely no client interaction or execution
Internship 3: Raytheon, FP&A - Paid, full-time position doing basic finance work
Internship 4: Oracle, Business Development - Paid, full-time position, would be researching technology industry for potential opportunities, reaching out to clients, etc.
I know a lot of people say "don't worry what you do after freshman year", but from people I know in IB, it's gotten more competitive every year, and it doesn't help to not be from a prestigious, target school.