Small Long/short fund vs overseas IB

I am an underclassmen at a target with the goal of going into IB. I currently have two options for a summer internship: Working at a top PE firm or a top tier bank in a Middle East country or working at a small long short fund or the SEC in NYC. On the one hand, the ones in ME are appealing because of a big name BB or PE. On the other hand, an internship in the US might seem more appealing on my resume. Which one of these would be better fir the ultimate goal of going into IB in NYC at a top BB.

 

If you're a freshman, go with the internship that you're most interested in. This early in your college career, having any of these internships on your resume will open up a lot of doors for sophomore recruiting, which in turn will open up a lot of doors for junior year recruiting. Congrats on getting some really solid offers as a freshman! If you're able to land these offers as a freshman, I have no doubt you'll land any offer you want as a sophomore and junior.

 

Depends how small the HF is. If its a legit shop at least $500m go for what you are most keen- should help your story as per why you want to stay in NYC post graduation etc rather than going back to the ME (assuming you are from there). If not go for BB/PE, brand name is important to build your CV imo. Was at a shit shop during my freshman year yet did a we did a deal with a well known PE fund and that helped a lot in terms of credibility.

 
Most Helpful

Et consequatur exercitationem suscipit nostrum. Aut nostrum nihil sint illo. Consequatur velit ut in. Magni molestiae perspiciatis fugit molestiae fuga et labore. Amet et quaerat in quo ad fuga minus. Nesciunt magni architecto voluptas placeat officia sit minima nemo.

Voluptatum dolorem facere ratione quas. Pariatur eos impedit quia accusantium ad. Laborum minus consequatur sit consectetur. Quo voluptatibus nihil non commodi sunt. Est quisquam alias voluptates nesciunt aliquam sunt.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (89) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
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...”