<p>So I am an accounting and economics major. I just got an internship from JP Morgan Chase as a Business Analyst Intern. It deals with mostly Technology/Data Mining client list. The other option I have is a Finance Intern at Raymond James that deals with portfolios and clients. Which internship is good to take in order to be accepted to a top 25 MBA school later down the road or will lead to a Financial Analyst position later on when I graduate. Also which one is more marketable, I plan on moving out of Florida. This will probably be my last year to take an internship and I live in Florida, so there's not that many options. Chase pays $17/hr and Raymond James pay is 12/hr. So any help is beneficial.</p>
<p>Jpm .</p>
<p>Are you kidding^^^^?!?!?!?!?!</p>
<p>JPM has brand name, but it sounds like a back office role. (Back office = dead end).</p>
<p>Raymond James is not the best middle market bank, but it is respected and portfolios + clients = front office.</p>
<p>Take Raymond James no question.</p>
<p>It depends how you can market each position… ^maxellis is right, the JPM position does sound pretty dead-end. However, you could probably work the “Business Analyst Intern” title and job description to sound more interesting (staying totally honest of course), and the JPM name will carry a good deal of weight.</p>
<p>The same thing can be applied to the Raymond James position though, it seems like it would give you more hands-on practice that could really stand out amongst your experiences.</p>
<p>If it were me, I’d try to find out a little bit more info on what your official job duties will be in each position. If the Raymond James Finance internship really is more interesting and hands on then I would take that.</p>
<p>Good luck</p>
<p>I forgot to mention that I have my series 7 and 66 license from interning at a financial BB firm as a financial planner intern last summer, but I never used it. I do prefer to do research and analyzing data, then trying to do pitches and making deals; for me, the stress level is too high. </p>
<p>Raymond James internship is at their headquarters. The internship is in PWM, it involves setting up material for the financial adviser. assisting clients, researching firms, and preparing portfolios for clients. </p>
<p>JP Morgan Chase the internship will also be at their headquarters. The internship deals with supporting the different departments heads with financial information and working with Bloomberg. They said I would be working a lot with excel, SQL, and their datamart. </p>
<p>I only have a vague idea what a Business Analyst role is, does anybody know what they exactly do? I googled it, but it such a general job description that varies from company to company.</p>
<p>I was a business analyst with JPMC last summer. Essentially the role at JPMC is kind of a liaison between a customer (either internal or external) and the people who build software. At least in my case, I was analyzing and researching what the customer wanted, figuring out the best way to solve their problem and then conveying that to the other teams on the project (app. dev, testing, project managers). I really enjoyed the role, but I’m also an engineering major. If you want to get into dealing with financial data, this probably isn’t the role for you. And you wont’ be able to get yourself into the finance side through this program, unless you do some serious networking. If you are offered a full time position, it will be in technology. </p>
<p>Hope this helps!</p>
<p>Thanks Vivace for the answer, it was the one I was exactly looking for. What types of software/application did you use on the internship? And are you a software engineer? I am just wondering because I would like to learn SQL and improve my excel modeling skills. Okay, I got to select Ray or JPMC by Wednesday.</p>
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exactly, thats all you need to do</p>
<p>I went with JPMC, thanks for all the helpful advice.</p>