<p>Hi guys, I just received an offer from a small boutique IB in NYC as a sophomore for summer. As ecstatic as I am about this, I am worried because I am not 100% sure on IBanking. I kind of am leaning towards Sales/Trading because of hours and it seems more interesting to me. I would be working 9-6:30 plus an hour commute back and forth which is really harsh to me and making between $3-5k. Does this seem worth it? I also don't really have any backup internships...</p>
<p>How are you going to be successful if you aren’t willing to work hard and learn? Here’s a chance for a good resume builder but you’d rather sit home and do nothing? Do you know there are a ton of MBA graduates who willing to work for free to have a chance of gaining experience? Do you know what a stepping stone is?</p>
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<p>I can’t believe you actually said this? These are regular working hours, short really, and one hour commute is common place.</p>
<p>I mean, the difference is that I have no other money otherwise and if I’m paying for transportation and stuff, I’ll barely have any spending money for anything. And I was also asking this because I wanted to know if Ibanking has transferrable skills to Trading because that is what I think I might be interested in in the long run.</p>
<p>Ok, so I’m a prof in business, my H is a dean and my D works in S& T (T) at a BB.</p>
<p>So Cornellperson person you need to understand what this profession is about. </p>
<p>–Take the offer. You will learn a lot. You might find you love or hate the job. It’s great for you resume. And network, network.</p>
<p>-Try to get an S&T job next summer. My D had a back office job at Goldman after her soph. yr. She got a front office junior yr.</p>
<p>-Stop whining about the hours. My D, now a derivative trader at a BB has to be at work at 6- 6:30 am to 5 or 6 PM.</p>
<p>Take the offer - if you can’t handle it, you won’t be able to handle IB or S&T full time. Those hours are more than manageable (I know people in S&T, yes, S&T, who work from 7 to between 8 and 10pm, yes, again, S&T). </p>
<p>IB and S&T have very useful and transferable skill sets from one to another. As a soph, this is a great opportunity, but if you don’t want it, then pass and let someone really interested and who understands the value of it, jump right on.</p>
<p>PM me if you have other questions.</p>
<p>IBanker</p>
<p>YES!!! (all I read was the thread title, because that’s all I needed)</p>