Intern abroad at a startup or stay in NYC?

gohan's picture
Rank: Senior Monkey | 91

Hi guys,
I am currently an international junior at a non-target in Long Island, NY interested in IBD/VC. I have an interesting story as I was playing professional tennis until the age of 17 and after a bad injury had to quit. Decided to move to the US to pursue a career in finance. I have 3 previous internships in different fields (marketing, mortgage banking, options trading). I got seriously interested in the industry a little late and I rushed into the networking/interview prep process. Coming from a different countries and going to a very small school, it was very hard to get interviews. I managed to make it to two superdays for SA positions but didn't get an offer. I am now heading into my senior year with no IBD experience, which leaves me torn between two options for this summer:
- Stay here in NYC and intern at a CRE firm or PWM office (I have offers from both, but they're all unpaid or commissions only)
- Accept an offer at a start-up in South America for non-finance roles such as business/product development, marketing, and maybe consulting (if I am lucky). This offer comes with a lot of perks such as accomodation provided, meals and insurance.
I think it's worth mentioning that I am an international student and fluent in three languages: italian, spanish and english.
My ultimate goal is to stay in NY after I graduate and break into IBD/VC.
My question is: will the internship abroad eliminate all my chances of getting an IBD position after graduation? Will that CRE/PWM internship really give me more leverage? I plan on getting a fall and possibly spring internship at a boutique to have some relevant experience.
Being an international student and having lived in three different countries already, I know the importance of an experience abroad and how much you grow as a person after it and there is nothing you can trade that for. Also, I feel like after graduation I will not be able to do anything like that and I'm afraid I will regret it.
What do you guys think? How does fall/spring internship recruiting differ from SA positions? Do you think I should take on this once-in-a-lifetime opportunity or stick around in NYC and network my butt off to secure an internship for next semester?

Comments (3)

May 3, 2017

I'd recommend posting this in the IB forum. I think your question pertains more over there, and you'll get more answers.

May 3, 2017

Just updated it. Thank you!

May 3, 2017