Is this an MBA or an undergrad? Sounds like undergrad? What is your prior experience? In this market, collect as many offers as you can and then take the one that seems best fit, solid company, and likely to be there in a yr. Fixed income gets pretty specific at any level. You aren't looking at the investing side. Prop trading has a limited life. I worked commercial during undergrad summers and investment later. Then international. However, I have been and remain a risk taker. You should be pretty focused and Network. Speak w/alum about their experiences. If you are looking at fixed income - do you really believe that sort of statistic? It is not the same a yld, amortization, matdat, etc. Fixed income = bonds typically. Not loans. Loans can be packaged, stripped, and rebundled and that would in part bring us to current situation.