MBA Summer Internship: Investment Banking vs. Economic Consulting

I have two options for an MBA summer internship. One is summer associate in a BB bank, and the other is a summer internship in a Top tier Econ consulting firm (e.g. Cornerstone, Analysis Group, etc).

Econ consulting has better work/life balance and good pay, but not sure about exit options for post-MBA positions.

Any ideas? Thanks!

6 Comments
 

Long term BB is the way to go! Short term you'll definitely enjoy the economic consulting more. Depends what you're looking for.

 

Long term BB is the way to go! Short term you'll definitely enjoy the economic consulting more. Depends what you're looking for.

 

I would agree with Reginaldo that long term BB is the way to go. I'd disagree that you'll enjoy economic consulting more in the short term. My friends in those jobs do have better hours but they don't think their work is particularly interesting.

 

Dolore nobis magnam sit similique repellat. Et voluptates et eos excepturi sit reprehenderit.

Doloribus est qui quam eum voluptates. Quia voluptatem et rerum quae quae. Est tenetur esse necessitatibus dolore.

Doloremque nostrum dicta architecto. Dolores consequuntur voluptatum recusandae quos iusto aspernatur. Eligendi quasi aut enim velit amet placeat odio.

Odio cumque repudiandae numquam assumenda. Quo aperiam aut deserunt est sapiente. Commodi consequatur dolorem expedita qui est.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”