HSBC IBD vs. BAML S&T

Hi, everyone.

I have got an offer from HSBC IBD and Bank of America Merrill Lynch Sales and Trading, both are summer internships. But I am so struggling about deciding where to go.

Personally, I prefer IBD as it sounds more interesting to me of helping clients raising money and buying other firms. However, in terms of company's name, BAML is a BB firm which may help my future career if I could be an intern there. So I am not 'strong' enough to reject BAML >. .The only thing I am worried about is that I will not be able to perform well in trading as it involves a deep understanding about the markets, and I am a bit afraid of that since I am not good at that.

Can anyone please give me some suggestions? Thank you very much!

7 Comments
 

I've never worked in S&T, but what I've heard and read on the forums, there is more job security in IB. Your skills are more transferable to other industries, especially when the market sucks. Just realize you better love the fucking grind like running the last 100m in a 400m hurdle race (youtube it) and if you do, then maybe banking is for you. As an SA in S&T im sure they will teach you about the markets, and if you don't like it then with the BB experience you can lateral to an IB group if you want.

My .02

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