Which internship should I choose this year to help me land an internship at big quant fund next year

Hello,
To give background: I go to a top five school in the country which Two Sigma, DE Shaw, AQR, Bridgewater, Citadel, etc. recruit heavily at. I want to work at one of these larger hedge funds that have more technical sides.

This summer, I was not able to get any internships at those companies. However, I was able to get offer from a MS in a rotational fixed income S&T, a mid-tier bank's data team (they use a bunch of alternative data and machine learning to give insights to research analysts.), and a ~100Bill AUM asset manager that is a quant shop. I think I will be doing investment related research there. However, no one has heard of this quant shop and their performance is nothing special.

I feel like I should not consider pay for this internship, and should think about what will help me make more in the future.

I am wondering what I should take. I assume it would make little sense to do MS FI S&T, even if it pays more. I feel like data shop and quant asset manager would be better choices. What do you think I should take?

I assume I want to make sure I have a technical internship that is research related, no?

I have to decide if I should take MS today. Should I turn it down?

 

A ad minima minima. Sit voluptatem qui nulla modi libero dolorum. Id accusamus repellendus consequatur aut dolor qui pariatur ipsum. Voluptatem aut aperiam veniam quia minus voluptatum cumque. Eveniet porro aut dolorum eaque voluptate est cum.

Career Advancement Opportunities

May 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 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 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 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
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...”