>>>if offers = 'Citi' and 'BAML' and 'Moelis' and 'Evercore' >>>then 'Evercore'

>>>elif offers = 'Citi' and 'BAML' and 'Moelis' >>>then Moelis'

>>>elif offers = 'Citi' and 'BAML' >>>then 'Citi'

>>>else 'BAML'

“Millionaires don't use astrology, billionaires do”
 

go with BAML, the underdog.

You can rise through the ranks faster and earn 'big boy' money sooner.

Man cannot remake himself without suffering, for he is both the marble and the sculptor. -Dr. Alexis Carrel
 

Congrats on your offers.

I would say Evercore = Citi M&A > Moelis = BAML

  • Evercore all-around has solid placement, placement I know off the top of my head includes HIG, Apax, Warburg, and quite a few VC's / HF's. Certain groups place better than others, although I'm sure you know this. What industry vertical are you shooting for?
  • Haven't heard about crazy placement from Citi M&A in a while but they consistently place people into top shops. I think some of my buddies mentioned Warburg, First Reserve, and PEP this year. Back in the 06-07 heyday they were sending about half their analysts to places like Apollo / KKR / Blackstone
  • BAML is a toss-up obviously
  • Moelis sucks, I personally would never want to work there (exit ops not really stellar... definitely worse than Evercore, although Moelis LA > all)

I'm guessing you interned in Citi M&A but out of that group, I would probably take Evercore.

 
Best Response

You would really rather work in a random group at BAML over Moelis? Why do you think Moelis NY sucks (except for having worse exit opps than Moelis LA)?

Solidarity:
Congrats on your offers.

I would say Evercore = Citi M&A > Moelis = BAML

  • Evercore all-around has solid placement, placement I know off the top of my head includes HIG, Apax, Warburg, and quite a few VC's / HF's. Certain groups place better than others, although I'm sure you know this. What industry vertical are you shooting for?
  • Haven't heard about crazy placement from Citi M&A in a while but they consistently place people into top shops. I think some of my buddies mentioned Warburg, First Reserve, and PEP this year. Back in the 06-07 heyday they were sending about half their analysts to places like Apollo / KKR / Blackstone
  • BAML is a toss-up obviously
  • Moelis sucks, I personally would never want to work there (exit ops not really stellar... definitely worse than Evercore, although Moelis LA > all)

I'm guessing you interned in Citi M&A but out of that group, I would probably take Evercore.

 

I'm relatively indifferent between Moelis and BAML due to what I said above... would never want to personally work at Moelis, but judging by the monkey shit it looks like the Moelis guys on here are none too pleased to be put in the same class as BAML hahaha

Moelis NY is also relatively new. On the other hand, there are several very solid groups at BAML (M&A, industrials, sponsors)

 

Yeah, that's what I was trying to get at. What makes you never want to personally work at Moelis? The type of people you know there / culture / etc?

Solidarity:
I'm relatively indifferent between Moelis and BAML due to what I said above... would never want to personally work at Moelis, but judging by the monkey shit it looks like the Moelis guys on here are none too pleased to be put in the same class as BAML hahaha

Moelis NY is also relatively new. On the other hand, there are several very solid groups at BAML (M&A, industrials, sponsors)

 
masci4:
Yeah, that's what I was trying to get at. What makes you never want to personally work at Moelis? The type of people you know there / culture / etc?
Solidarity:
I'm relatively indifferent between Moelis and BAML due to what I said above... would never want to personally work at Moelis, but judging by the monkey shit it looks like the Moelis guys on here are none too pleased to be put in the same class as BAML hahaha

Moelis NY is also relatively new. On the other hand, there are several very solid groups at BAML (M&A, industrials, sponsors)

Well a few things

  1. Not to sound like a dick, but some of the SA / FT analysts and associates I've met have been less than impressive (vs. say, a Greenhill). Of course, this is anecdotal, but personally, I think the composition of the junior people says a lot about the firm. For the most part, the lateral hire associates I've talked to haven't been coming from places like GS / MS / JPM but post b-school or places like Jefferies... it's an indication of perceived value--potentially because the Moelis is so young (this will probably change)

  2. To follow up on this point, Moelis had GREAT placement from 08-09, but the firm has an unusual amount of turnover and has seriously ramped up hiring (I think the summer class this year was around 30-40), which could also explain the dilution of the analyst pool

  3. The whole DLJ / UBS LA / Moelis culture is more than off-putting... some Moelis guys I've met have been chill but I've heard horror stories about overaggressive wannabe analysts / associates just being a pain in the ass. Banking already sucks enough to have to deal with a bunch of clowns

  4. No one outside of finance knows about Moelis. Would rather have a stronger, well-recognized brand name. Not to knock Moelis though, they have had some great PE / HF placement in their short existence

 

Go where you think you'll get along well for the next 2 years of your life. It is going to be rough, may as well be somewhere you feel like you get along with your class and those above you.

Professional Bro, J. Cans
 

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