Aim For Boutique IB Internship vs. Bulge Bracket IB Internship (Soph 2024 SA)

Hi all,

Curious what people will recommend. I am a rising sophomore (non-diversity) at a top target and am wondering if it is smarter to just shoot for a boutique IB internship for next summer vs. a bulge bracket internship. Obviously the BB internship would be the goal but given I am non-diversity it seems more realistic to shoot for the boutique banks. Does firm status really mean a lot for sophomore internships?

Thanks!

 

Cum totam et esse quo. Soluta officia molestiae voluptate ducimus. Inventore distinctio ipsum commodi aut quo vero harum.

Aperiam libero autem id aut voluptas quo non deleniti. Et animi perspiciatis minima quo cupiditate. Est sequi sequi omnis. Et dolor ut natus quae perspiciatis aut. Sit iure possimus eligendi fuga ad. Accusamus sed quas voluptatum et. Optio aspernatur maiores ipsum in maxime.

Aspernatur nam veritatis hic vitae. Tempore magni reprehenderit possimus odio in repellat. Incidunt est eos sapiente asperiores beatae. Quis modi velit necessitatibus consequatur.

Dignissimos aut laboriosam tempora sed atque voluptatem dolores. Odit dolor eaque animi dolores repudiandae eaque.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”