There certainly is a lot of material on this topic here, but I wanted to get people's opinions on a back/middle office Internship in an. I have been at a MM in London in their treasury dept. The question I haven't been able to get a definitive answer to yet is: will this help or hurt my chances for securing an internship and hopefully FT role in IB?
The way I see it, treasury (as well as risk/controlling and to a degree even Ops) teaches you a hell of a lot about how a bank generates its money (even though you are not directly generating that money). So, is this experience viewed more favourably for IBD than something like a corporate strategy internship at a F500?
If the above is completely wrong, and the Back office really is the doom and gloom it's often made out to be, what would people recommend as an alternative summer internship (still open this late in the recruiting cycle) that can be used as a route to the coveted IBD?