Is Cowen TMT a strong group?

IB

Prospect in IB - Gen

2y

Yeah they’ve been crushing it

TheBuellerBanker

O

2y

Most Helpful

Very strong, especially in semicon. I do know that the lateraling comes from the lead TMT guys wanting to push out 99% of analysts into buyside or other bank roles instead of being associates. They've had extremely strong exits into battery/norwest/summit etc but are also notorious for making sure most analysts get other experience outside of the firm whether it's another bank or the buyside. For those who exited to GS/Q, they actually were backed by the senior folks given most of them made the move when it was around promotion time. And those who wished to move to the buyside had the full backing of the senior folks including calls and references.

IB

Analyst 1 in IB - Cov

2y

Why do the senior guys do this?

IB

Prospect in IB - Gen

2y

i think they do this so the group gets more prestige and can get better analysts?

Data Room Due Diligence

Yoooooo

IB

2y

TheBuellerBanker
Very strong, especially in semicon. I do know that the lateraling comes from the lead TMT guys wanting to push out 99% of analysts into buyside or other bank roles instead of being associates. They've had extremely strong exits into battery/norwest/summit etc but are also notorious for making sure most analysts get other experience outside of the firm whether it's another bank or the buyside. For those who exited to GS/Q, they actually were backed by the senior folks given most of them made the move when it was around promotion time. And those who wished to move to the buyside had the full backing of the senior folks including calls and references.

Do you know if they were to stay, how much is the comp at associate level?

First-In First-Out (FIFO) Method of Valuing Inventory

TheBuellerBanker

O

2y

175 Y0/1, 225 Y2, 250 Y3. In line with most increases across larger firms. VP is 275 across the board