Anyone doing IBD in New Orleans?
IB
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(King Kong, 1,914
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on 5/3/12 at 7:52am
I like New Orleans and I want to move there. I also want to do investment banking.
Based on Google and the WSO search function, the two are mutually exclusive, but if anyone has insight into IBD (or even other finance roles) in NOLA, it would be appreciated.
Thanks.





Venture Capital is growing in
Venture Capital is growing in the Big Easy a good bit. But I'm pretty sure the sheer boredom of IBD doesn't mesh well with New Orleans culture.
Edmundo Braverman: Venture
Venture Capital is growing in the Big Easy a good bit. But I'm pretty sure the sheer boredom of IBD doesn't mesh well with New Orleans culture.
I think I'm just gonna move to NOLA and work at a coffee house. Thoughts?
"An intellectual is a man who takes more words than necessary to tell more than he knows."
- Dwight D. Eisenhower
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Paul Tudor Jones started out
Paul Tudor Jones started out as a cotton trader in New Orleans. Eli Tullis fired him for falling asleep at his desk after being out all night partying.
http://www.scribd.com/investmentlb/d/16588637-Paul...
There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
IBD in new orleans is super
IBD in new orleans is super tiny, and strictly energy based. Plus you have to have the right last name/ connections to even get a job.
Kenny_Powers_CFA: Paul Tudor
Paul Tudor Jones started out as a cotton trader in New Orleans. Eli Tullis fired him for falling asleep at his desk after being out all night partying.
http://www.scribd.com/investmentlb/d/16588637-Paul-Tudor-Jones-Failure-Speech-June-2009
Off topic, but thats a great speech, thanks.
I'm in New Orleans, and like
I'm in New Orleans, and like FutureBanker09 said its a very small and tight market down here. There are 6 shops here that do research and sales trading with investment banking ops, all energy-focused. 5 of those only do capital raising (co-managing secondary offerings and IPOs) and 1 does some advisory work too. All except the 1 that does advisory work are very small teams that dont do any regular hiring. There are a few very small boutique banking firms that do valuation work, fairness opinions and some small-scale M&A, but again they're really small shops and dont do any regular hiring. There's really two general avenues into a good finance job in New Orleans - 1 is to know somebody who works there, and 2 is to go to Tulane and get your foot in the door at one of the firms while getting your degree. I know most of the guys at most of the firms around here and for the most part they're either from New Orleans or went to Tulane and stuck around. Its a great town though, so best of luck.
Kenny_Powers_CFA: Paul Tudor
Paul Tudor Jones started out as a cotton trader in New Orleans. Eli Tullis fired him for falling asleep at his desk after being out all night partying.
http://www.scribd.com/investmentlb/d/16588637-Paul-Tudor-Jones-Failure-Speech-June-2009
That was solid.
Doesn't capital one have some
Doesn't capital one have some legit S&T business in New Orleans. I applied to some Equity Research internship there last year and I networked with a few of the guys in the ER division down there. Might want to check that out...
Banan Kosztarsasag: Doesn't
Doesn't capital one have some legit S&T business in New Orleans. I applied to some Equity Research internship there last year and I networked with a few of the guys in the ER division down there. Might want to check that out...
Southcoast and you get the ER gig?
Isn't Southcoast IBD?
Isn't Southcoast IBD?
"An intellectual is a man who takes more words than necessary to tell more than he knows."
- Dwight D. Eisenhower
Check out my blog!
IBD ER S&T full service shop
IBD ER S&T full service shop
Do I still need the last name
Do I still need the last name to break in? :(
"An intellectual is a man who takes more words than necessary to tell more than he knows."
- Dwight D. Eisenhower
Check out my blog!
Southcoast is one of the
Southcoast is one of the firms I mentioned earlier. IBD is only capital raising though, no advisory work.
Vontropnats: Do I still need
Do I still need the last name to break in? :(
I mean you really need to go to Tulane or start networking hardcore in New Orleans because most of these places Southcoast, Howard Weil/ Scotia Capital, Global Hunter, Johnson Rice, Iberia, don't do any formal recruiting.
FutureBanker09: Vontropnats
Do I still need the last name to break in? :(
I mean you really need to go to Tulane or start networking hardcore in New Orleans because most of these places Southcoast, Howard Weil/ Scotia Capital, Global Hunter, Johnson Rice, Iberia, don't do any formal recruiting.
Tulane MSF => Profit???
"An intellectual is a man who takes more words than necessary to tell more than he knows."
- Dwight D. Eisenhower
Check out my blog!
Vontropnats: FutureBanker09
Got in touch with some folks
"An intellectual is a man who takes more words than necessary to tell more than he knows."
- Dwight D. Eisenhower
Check out my blog!
No one works in N.O. Best
Going to Tulane is a good
Tulane does have that new
DonVon: Got in touch with