I am currently torn between two Summer Internships offers : one from a BB bank, the other one in Private Investments (kind of Private Equity) at Canada Pension Plan Investment Board.
Both offers are in London. From what I've gathered during the interviews and through my own research, the work at CPPIB is far more interesting, gives more responsibilities and is closer to what I would like to do later. They also assured me that they were willing to hire all their Summer interns for full-time positions, and that it was the goal of their Summer programme. However, I feel that the training programme is much better and more established at the BB bank, and that if I take the CPPIB offer, I will close more doors than if I were to take the BB one.
I am also worried that having only CPPIB on my resume, if I leave after a couple of years, might not allow me to go back to a bank or to another good position on the buy-side.
Do you think working 80+ hours weeks at the BB is a necessary step to a successful career, or are the kinda recent opportunities that have popped up on the buy-side - such as the one I have at CPPIB - the better path if I'm not deadset on spending 20 years in a bank ?
Thanks in advance for all your insights,
Have a nice day,