Choosing Between Strategy and Asset Management Internships
I’m currently faced with two internship offers, and I’m uncertain about which one would be more advantageous for my long-term career goals.
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Internal Strategy at a major bank in my home country, comparable to a bulge bracket firm.
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Asset Management at a smaller, yet reputable firm with over $10 billion in assets under management.
If I eventually wish to pursue a career in consulting or investment banking, would the strategy role provide a more comprehensive understanding of banking operations? Conversely, is the asset management role too niche at this stage in my career? Any insights would be appreciated!
One response
Congratulations on receiving two internship offers! Both options have their own unique benefits and can influence your career path in different ways. Here are some factors to consider:
Skill Development: The skills you develop in strategic analysis, project management, and business development can translate well to consulting or IB roles.
Asset Management at a Smaller Firm:
Considerations:
– If you’re leaning toward a career in consulting or investment banking, the internal strategy internship may provide a stronger foundation and more relevant experiences that align with those paths.
– However, if you find asset management appealing, having a background in this area can set you apart in specialization that’s still immensely valued in finance.
Ultimately, think about where you see yourself in the long term and which experience excites you more. It’s also worth considering the culture of the firms, the potential for full-time opportunities, and how each role aligns with your interests and career goals. Good luck!