Sterne Agee DCM internship or Goldman Sachs operations?
I'm a junior in college making an extremely important decision for my future. I come from a non-target school, and it was a miracle that I got an interview and then an offer from GS in Salt Lake City. On the contrary, Sterne Agee recruits from my school, and the internship is in Birmingham, AL. I have no intention of staying in operations after I graduate, and I'd really like to get into investment banking. Which should I accept?
This is actually a tough one.....lets see what happens.
Sorry OP not familiar with Sterne Agee, is it a boutique?
Boutique --> MM/BB (fairly easily doable after 1-2 years when the existing analyst classes clear out) GS Back Office --> Front Office Anywhere (close to 0 chance)
I'm speaking from the perspective of someone who has made mistakes in his career. Relevant experience beats irrelevant brand anytime.
London-Monkey- Would you say I'm cornering myself by accepting the GS internship? Are exit ops for the post-internship period just as bad as the exit ops for an analyst that's been in the field for a few years?
Ops is a bad idea. Unless the full time recruiting season is very hot, your resume will likely get passed for someone with more relevant experience. London-Monkey's comment was spot on in my opinion.
Ops is Ops. Sterne Agee is a boutique, but they have offices in NYC and other states. Being a junior I would say you have another bite at the apple after this. I'd do this internship and start networking with banks like Harris Williams, SunTrust, BB&T, etc. HW would be king, but ST and BB&T all have decent capital markets groups. I mention these places because I think they would be the easiest and more geographically logical next steps. But of course keep reaching out to other places, etc.
Harris Williams has a capital markets platform? Thought they only provided advisory services
What I mean is with DCM as an internship you could lateral into banking or something similar.
Ipsum rerum quidem quidem ea inventore neque veritatis veniam. Exercitationem voluptatum quis ut vel aut. Illum sit quia ipsam id.
Natus vel ipsum in necessitatibus sed minima. Libero ex sapiente voluptas sint tempora. Deserunt quia quae consequatur saepe.
Quo sit voluptatem natus consequatur. Est modi et exercitationem placeat qui officiis architecto maiores. Repudiandae sed ut aut tenetur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...