Obligatory already used search engine/not trolling -- I'm trying to hear some current opinions on doing sell-side banking immediately vs. trying for the buy-side out of undergrad. My school historically places a handful of's/globals and has recently gained a couple of undergraduate options for PE summer positions.
For me personally, I was stuck thinking that my only opportunity was going for the glorified 2/2/2 out of undergraduate and trying to snag PE at a later point. I know that LGP has come in the past and it's rumoured that SLP could be coming this year. In aggregate, would those be preferred to a top BB/elite boutique? It seems like blasphemy that I'm even asking, but is turning down SLP for a summer position in favour of anjust a terrible decision?
Expecting to investment banking to have:
- Larger scale environment
- More structured training/mentorship program
- More proven history of recruiting success/predictable outcomes (e.g. not just a one and done program for the summer)
- Actually having an analyst class/peer group
- Greater optionality in going to different career paths afterwards?
- In a 10 week time frame, more likely to be involved in a deal than in PE?
- Get paid less???
- Hours differential = ???
Please advise :)