Go with the people that you like the best. They will ultimately influence your experience, dealflow, hours, quality of life, and exit opportunities more than the name of the bank once you start splitting hairs at this level.

Be excellent to each other, and party on, dudes.
 

Between Lazard and Rothschild, I would definitely go with lazard. Rothschild is probably king of the middle market. The volume of deals they do in that space is just insane but overall lazard is more respected, with larger, more high-profile deals.

Comps wise, quite comparable between these 2. Rothschild pays BB level base and bonus, which is another way of saying lower than the other firms you listed. Lazard's pay is similar.

 

Absolutely true. But in most good banks, every time you are usually on 2 live deals. I think that is enough to actually have the time to learn and be extensively involved. You finish the year with 3-4 under your belt, running virtually the entire process.

I was at a shop that kept churning out deals after deals. We were on 5-6 at one time, juggling a CIM for one, a teaser for another, MP and due diligence. Good for the bank since they're getting fees, not at all good for our development. At the end, you asked them what they worked on, their contributions and most likely, can't even tell you. Capacity only allows for so much and sometimes, all you did for the deal was a teaser because it became impossible to take on more.

Rothschild everywhere has that reputation, but especially in London where they have the best reputation and strongest operation.

 

Rothschild London is incredible both in brand and the amount of deals they do. They are also rapidly expanding in the US (making lots of senior hires) and size of deals will likely continue to increase. They were staffed on lots of mega M&A mandates (Bayer, Essilor) this year and exits (specifically for London) are stellar. I personally would take the offer over any EB in London and lower tier BB

 
Best Response

Rothschild London has an incredible deal flow and an excellent reputation in Europe. I have a friend that interned there and he said he worked a lot on live deals. Would defintely choose Rothschild over Lazard (in London at least)

 

I have an offer for the Summer Analyst position at Rothschild in the London office, I was looking for some advice on team selection.

Just so you know a little background about me, I have had startup and VC experience in the past and it feels like I would like to head that way some point in the future but for now I think Rothschild is the place I want to be at, the transactional exposure will be great. I personally have interests in Healthcare and TMT (I know Rothschild isn't great for TMT so I won't want to go into this team). I have previously not considered Industrials/Consumer retail as much, could you shed some light on teams preferences? I want to try and network a little around spring time to increase my likelihood of placing myself on the team I would enjoy best and would have best prospects in.

Thanks in advance

 

Omnis perspiciatis voluptatibus aut dolorem et error consequuntur et. Et ut ex reprehenderit hic doloremque vitae. Et est eum ipsa. Consequatur in vel laborum id voluptates.

Nihil saepe eum et quas in sed nisi totam. Rerum id a aspernatur labore praesentium asperiores vitae odit. Dolore qui suscipit est accusantium illo. Aut autem aut tempore iusto. Error vel quo maxime dolore dolores. Hic magnam rerum qui non. Voluptatibus in dolorem ut.

Nesciunt et aut sint quis autem. A ut explicabo aliquam.

Omnis sit amet voluptates harum. Eveniet reprehenderit voluptatibus voluptatibus est harum tempora. Laborum numquam eos rerum voluptas nesciunt non.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • Lazard Freres 06 98.9%
  • JPMorgan Chase 09 98.3%
  • William Blair 03 97.7%
  • Morgan Stanley 04 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (94) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (207) $159
  • Intern/Summer Analyst (151) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”