Sophomore Summer Internship Dilemma

So I have an offer from a big $300B+ alt (Carlyle, Neuberger, Ares) to do credit research sophomore summer. I also have an offer from a top LO (Dodge and Cox, Capital Group, Harris Associates, Abdiel Capital). I really want to do LO bc equities are my end goal after banking but feel brand name of the alts will be much better for banking recruiting - or does it not matter?

 

Harris has a very strong internal promotion culture, so if that’s your offer and you genuinely love value investing then that’s the one I would take. If you’re looking for optionality, you’re right, the top credit shops will look better on a resume and help you more for banking recruiting (especially dcm)

 

No D&C or Capital Group people will go to a bank. Take one of that and get the return

 

Abdiel > Dodge and Cox >>> Capital Group >>> Ares = Carlyle > Harris Associates  > Neuberger

This is what people actually in the industry think of, name-wise for those roles, roughly speaking.

 

Tiger was down 56% last year and college students on this site would still give their left nut to work there. Great argument intern.

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