Thanks a lot!

Thanks. I would still take the DCM offer in this case because JPM/BofA vs. Nomura/Mizuho is quite a difference. You’ll probably have to transfer in either case to get the best exit opportunities, but you have an advantage moving anywhere else coming from JPM or BofA.

I would probably pick MS Real Estate just because you’ll have more options coming from an RE group vs. an ECM group. And GS and MS have essentially the same reputations.

Thanks !

Yes, if it’s rotational and lets you work in those other teams, the FT offer probably makes more sense so you avoid the risk of not converting the internship into a FT offer.

thanks a lot!
After clarifying the full time offer is a rotational one offerings placements in DCM/ECM,Lev fin and restructuring alongside the classical lending teams.
Judging from the state of the market and the low return offer rate in London I’ll probably not risk it and go for FT directly and try to lateral in a couple of years since I am not in a hurry for the usual PE/HF exit opportunities.

I would probably go with the BB off-cycle capital markets internship because in either case, you’ll likely end up transferring, but at least you’ll get the brand name benefit and a better location with this internship. The full-time offer would make more sense if you really need a full-time job ASAP (cannot afford to intern or hold out for something better) or you do not care about winning the traditional IB exit opportunities in a short time frame.