Help: BlackRock PAG or BMO Commodities S&T

Hey guys,

I have an offer from BlackRock PAG for a summer internship, and I am interviewing with BMO Capital Markets for Commodities S&T. If I get the offer from BMO, I will have to choose between BlackRock PAG and BMO Commodities S&T (both in NYC).

Which has better internship to full-time conversion rates? (This is important as I'd rather intern and get a full-time offer than intern for a better firm but end up with no offer).

Which do you think would be better if my long-term goal is to enter a hedge fund in the future? I understand that BlackRock PAG is not PMG, but with hard work it is possible to get into PMG.

Any other factors I should consider in my decision?

Any help is much appreciated.

6 Comments
 

can you shed some light on what year you are in college or graduate school ?

If you're an undergraduate I'd narrow it down to the firm that will allow you to grown personally and educationally while in a leadership position. (-- Good follow up question). This will be important if you want to pursue a higher-level MBA/PhD so one day you'll maybe be able to come back in a higher position.

If you're already a graduate student then well look for company benefits.

 
Best Response
hakuna_matatacan you shed some light on what year you are in college or graduate school ?

If you're an undergraduate I'd narrow it down to the firm that will allow you to grown personally and educationally while in a leadership position. (-- Good follow up question). This will be important if you want to pursue a higher-level MBA/PhD so one day you'll maybe be able to come back in a higher position.

If you're already a graduate student then well look for company benefits.

I am an undergraduate in my senior year (graduating after one more semester). I will most likely go for my CFA if I join BlackRock and will most likely go for Series 7 and 63 if I go to BMO.

@VelCro: from what I know, BlackRock PAG is more like a middle office role since you are still facing clients and taking questions from clients, although you are not managing their money. And I have also read that it is possible to transition from PAG to PMG over time. But I agree with you that BMO is clearly front office—but the brand name is still unrecognized in the U.S. as compared to BlackRock, which may make it more difficult to get into a Hedge Fund/PE afterwards, don't you think?

 

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