I have summer intern offers from JPMorgan, Bear Stearns, and Bank of America. All are in equity derivatives group.I have hard time to decide which one is better for future career in quant finance. Could you please give any advice?

I thought from the title you were going to be choosng an intern not an internship, and had some suggestions

It is a summer graduate internship position.I would love to hear your advice

Classical economics tells us that the one that offers the least money is the best.Supply/Demand

what if differences in the salary they offer are really tiny?

Well, we're dealing with small differences in the presence of mostly unknown and large other variables.Unless you know more that you can share with us, then perhaps the best known variable is the profitability of the firm.Profit implies more hires, and a better chance of getting a job as a result of the internship.Pick the firm which had the best growith in profits last year.

Personal opinion:JPM, then BOFA and not Bear

QuoteOriginally posted by: madmaxPersonal opinion:JPM, then BOFA and not Bearmadmax, could you please justify your choice? why not Bear Stearns?

QuoteOriginally posted by: DCFCWell, we're dealing with small differences in the presence of mostly unknown and large other variables.Unless you know more that you can share with us, then perhaps the best known variable is the profitability of the firm.Profit implies more hires, and a better chance of getting a job as a result of the internship.Pick the firm which had the best growith in profits last year.It would not also be an optimal criterion (I guess that a few people would prefer to work for Wal-Mart over the other retailers although the former is the most profitable one)I am a newbie in this area and don't have many information sourses to support my decision.

JPM