So I know this goes against the spirit of what some people say on this board but being an analyst starting in'07 has made me worried. Lots of people talk about how exit opps suck if I don't work for GS, MS, UBS LA or whatever. So if what I am joining the above mentioned bank and group, what really are my exit opps/prospects of getting in b-school etc. Thank you for your help
| +186 | Americas M&A League Table Q2 Updated | 75 | 3h |
| +135 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 28 | 2h |
| +115 | Restructuring: Anti-climactic Experience | 30 | 3h |
| +85 | IB Net Worth / Savings Check | 35 | 5m |
| +75 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 2d |
| +51 | Boutique firm wants access to my LinkedIn? | 40 | 1d |
| +39 | Investment Banking is Hard | 17 | 1d |
| +34 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 10 | 5h |
| +31 | PWP vs BofA | 23 | 11h |
| +27 | Who pays the highest right now? | 14 | 11h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
B of A is a tier-2 bank that, because of its size, has some good relationships. You won't be in high demand like a GS/MS analyst, but you'll be just fine.
so don't worry about it. Just make sure you work your ass off and get a top bonus and things will work out.
Its what I can do with the experience after.I suppose I could instead go and start my own thing. But where do people typically end up?
You should worry about your bonus number, it will have a huge influence on your exit opps.
is that because it is indicative of your performance? Sorry if this question sounds dumb but never been in that situation before
it is indicative of your performance, yes. Being 2nd tier at GS/MS won't kill you, but 2nd tier at Boa makes it harder...
Top tier at GS/MS won't have THAT many more ops than 2nd tier at GS/MS.
Top tier at Boa will have MANY more ops than 2nd tier at Boa.
gettinga banking gig from a non target school was painful enough. not that i expected to have it easy at all in ibanking but competing with that in mind will be hard but at least its not hopeless and there is opportunity for the taking.
Relax, you're going to have a heart attack your first week... Don't be the douche at training who studies when he gets back, acts like he knows stuff, backstabs trying to get ahead etc.
Just do your best, you don't have to go to KKR. I have a friend who went to Gryphon Investors, a couple at TCP in LA, another at Weston Presidio they all enjoy it. So don't think KKR is the end all be all. There are plenty of other players that aren't going to be 10+ billion, but have good stuff going on too.
were you guys like this? I suppose you would hav etobe competitive by nature but were you thinking abt stuff like this
I wasn't thinking about exit opps back in 2003 since were were coming off a weak hiring cycle. the current PE crazy is a fucntion of the econonmy, need for jobs in the pe industry and general lure of good pay w/fewer hours. it wasn't as hot back in 2003 when i was interviewing and all i cared about back then was landing a good ib job, which i did.
the 1st years i'm with now all talk about pe and how they're going to end-up there, etc...
i might be a one off, but i didn't know much about it going into the ib recruiting process.
I was/am always compeitive, but I didn't do the things that BBM&A described.
There are a ton of good firms of which you've prob not heard yet. You'll find a good job, but you do have to work hard to get there.
don't worry, PE will be toast by the time you are finished w/ your analyst stint
I just wanted an IB job and bschool.
Sint ut delectus deleniti cupiditate. Soluta autem perspiciatis sed dicta aspernatur eveniet fugiat cum. Sunt nemo quidem culpa exercitationem possimus cumque ut. Neque debitis voluptatem facilis laudantium vel.
Dignissimos qui expedita animi. Quis officia quas earum et amet. Non qui blanditiis dolorem quas.
Vero rerum rerum dolores sunt eos necessitatibus sint repellat. Dolor sit sunt quia tempore est non et. Quod vero ratione magnam vitae facilis commodi molestiae reprehenderit. Dolorum error dolor quam et aspernatur.
Distinctio quis dolores placeat explicabo quibusdam et. Rerum quisquam dolor quod at est. Voluptas omnis dolores natus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...