Prop Trading vs S&T summer internship

Hello!

I've managed to get two internship offers for the upcoming summer here in London and I'm struggling to decide which to choose. The first is from a newer prop trading firm (not Optiver/Jane Street but well-reputed), and the second is a BB volatility desk offer. Prop trading obviously pays more with nice perks, but don't want that to sway me too much for just the internship. I think the root difficulty for me is that I really have no idea which career path I would enjoy more. As such preserving option value is really important for me: I've heard that prop trading is harder to get into at the graduate level without a previous summer and that a prop summer can be leveraged into an S&T grad role if I decide pure quant isn't for me. But at the same time, is the BB's brand name and prestige beyond prop and S&T too much to pass over?

What do you think? Thanks in advance for any advice/pointers.

 
Most Helpful

Ratione autem omnis ea amet ut. Autem vel totam dolore velit itaque excepturi non. Voluptas aliquam ea ipsum illo similique aut mollitia. Perferendis qui fugiat facere atque est.

Accusamus architecto nihil provident quis sunt quia quasi natus. Quo aperiam aspernatur ad ratione consequatur. Exercitationem qui excepturi eius. Aut nobis est enim expedita ea.

Et molestiae ipsa sit inventore dolore et. Harum est sit sunt reiciendis. Ut et mollitia reiciendis voluptatem dignissimos.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
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...”