Firm Perception - Which one to choose?

Hey guys, I just wanted to get an idea of firm perception among young grads. So, assuming you had an offer from all of the following firms, rank the firms in order of where you would accept. Here's the list: McKinsey, Bain, BCG, Goldman Sachs, Morgan Stanley, Lehman Brothers, Lazard, Greenhill, Merrill Lynch, JP Morgan, Houlihan Lokey, Citigroup, Credit Suisse, Deutsche Bank, and Blackstone.

Assume the offer is for M&A if the company has that division and entry level consultant for the MBB. If possible, add a justification for any controversial or what you think may be, out-of-the-norm rankings.

I think this will turn out to be quite interesting...

 

If you want to do M&A, you can rule out all the consulting firms on your list. M&A in an investment bank is completely different from M&A in a strategic consulting firm. You want to do M&A inside in an investment bank. Maybe you should worry about ranking them after you have job offers.

These firms are large investment banks. There may be an m&a group within the investment banking division that only works on m&a deals. If not, m&a is done within the industry groups.

Goldman Sachs, Morgan Stanley, Merrill Lynch - Citigroup, Credit Suisse, Deutsche Bank, Lehman Brothers, JP Morgan.

These two firms are boutique m&a shops.
Lazard and Greenhill

Houlihan Lokey's speciality is on corporate restructurings.

Blackstone is a large private equity firm.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.
 

thanks for classifying, but that's not what i was asking; as in, if you had the choice between all these firms, where would you go? then after that, where you go? etc...

i.e. between bain and morgan stanley, where would you go...between greenhill and lazard, where would you go...

stop plugging your site that adds zero value to the discussion. if you're looking for a job, you can go search yourself. why would i pay you $30 for information that's free on the net? where's the value added there?

obviously, if i have NO job, then the time i spend looking for job openings is worth far less than $30 a month, especially for newly minted college grads - we have no income!...if i already have a job, i'll use a headhunter who only takes money when i get hired...

 

i know you want an all-inclusive ranking, but i think people are trying to tell you that you are not comparing apples to apples if you rank investment banks and consulting firms together.

here's an interviewing tip. you should not go to an investment banking interview and tell your interviewer that you are also interviewing with consulting firms. this tells the interviewer that you don't know what you want to do and can get you dinged immediately.

now, let me tell you how most professional on wall street would rank these firms:

1) Goldman 2) Morgan Stanley 3) Merrill 4) Citigroup, Credit Suisse 5) Deutsche Bank, Lehman Brothers, JP Morgan 6) Greenhill, Lazard (although people particularly interested in m&a may rank this higher) 7) Houlihan Lokey

Blackstone is a private equity firm, so it's not comparing apples to apples. However, generally speaking, it is in the same league as #1-4. It really depends on the interest of the person and specifics of the job.

In consulting, the ranking is 1) McKinsey 2) BCG 3) Bain

after i post more information on various threads in this forum, i think you will change your mind about me and my site.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.
 

this is probably one of the stupidest posts ever on this site. No wonder there isn't a single legit full-time banker posting on this board anymore. Too much pointless shit like this.

Seriously, try and find a recent post by an actual analyst amongst all the turd posts like this one. This board is dying fast - it used to be so much better than vault but definitely not anymore.

For full disclosure, i'm currently in full-time training for one of the banks on this list (I summered at another bank on the list last year). I check this board from time to time but I'm losing interest rapidly.

I think what this board needs is better organization - split up the "general" discussion into "questions from prospectives" and "actual industry discussion."

The way it is right now, its no wonder the board has lost all its best contributors.

 

doesnt make sense to ask the majority of shmucks who barely made it into cowen on this board.

if you want to know where people would really go, ask those who got lots of those various offers where they chose and why. I for one was offered IB vs S&T vs Consulting..but i dont feel like mentioning my rankings since i am not very logical.

livin large in miami
 

i'm sorry if my ranking offends people who may be working for the lower ranked firms. it is absolutely the ranking for most professionals who have worked in the industry for 2+ years. those of you who just started may not realize this, but you will. the rankings of one or two firms may be debatable, but you are extremely foolish if you choose houlihan IB over GS IB. this is not to ay that houlihan is a crappy firm or anything like that.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.
 

haha fuck off buddy, I don't work at houlihan (or lazard or greenhill for that matter - your "lower-ranked" firms). You're a fucking moron with a lame ass business idea that, if you had a real job, you most certainly wouldn't be desperately pitching at $30 a pop from your free blogspot page.

My point is that this board has gone far far downhill. Anyone actually working in the industry has long since stopped paying attention to this site due to the shitty moderation and endless stupid questions.

There's no relevant or interesting discussion to anyone who's already found a job, so nobody with a job pays attention, which results in no useful information for the prospectives, and so on. Something needs to be done to reorganize the site and get some decent moderation. As it is, there's no interest from full-time analysts and it shows.

 
thatguy123:
haha fuck off buddy, I don't work at houlihan (or lazard or greenhill for that matter - your "lower-ranked" firms). You're a fucking moron with a lame ass business idea that, if you had a real job, you most certainly wouldn't be desperately pitching at $30 a pop from your free blogspot page.

My point is that this board has gone far far downhill. Anyone actually working in the industry has long since stopped paying attention to this site due to the shitty moderation and endless stupid questions.

There's no relevant or interesting discussion to anyone who's already found a job, so nobody with a job pays attention, which results in no useful information for the prospectives, and so on. Something needs to be done to reorganize the site and get some decent moderation. As it is, there's no interest from full-time analysts and it shows.

Heh. You're right. I am probably going to tune out when I start work soon.

Oh well.

 

so you agree with my ranking? if not, please show the op your ranking.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.
 
jobsforwallstreeters:
so you agree with my ranking? if not, please show the op your ranking.

You just don't get it. What the hell are you ranking these firms on? Do you even understand half the product categories they compete in? To rank them based on your own naivety is misleading and makes you look like an idiot to anyone who has any exposure to the industry.

How can you possibly compare Lazard and Citigroup? Merrill and Greenhill? They're totally different businesses.

What's your opinion on the credit derivative desks at Lehman vs. Citigroup? Or the FIG corporate finance and M&A capabilities of Credit Suisse vs. UBS? What about the emerging markets franchise of Deutsche Bank vs. JPM?

The point is that these banks compete successfully against each other in a mind-boggling range of products all around the world, and to produce a stupid 1-10 ranking based on nothing is simply naive.

If you're still not sure what I'm talking about, a good example would be the Banker awards for 2006. Check the link out, and if you can make it through all the big words you might actually learn something about just how complicated comparing financial services firms can be.

God help anyone who sends you $30 for career assistance.

http://www.thebanker.com/news/categoryfront.php/id/571/Investment_Banki…

 
thatguy123:
jobsforwallstreeters:
so you agree with my ranking? if not, please show the op your ranking.

You just don't get it. What the hell are you ranking these firms on? Do you even understand half the product categories they compete in? To rank them based on your own naivety is misleading and makes you look like an idiot to anyone who has any exposure to the industry.

How can you possibly compare Lazard and Citigroup? Merrill and Greenhill? They're totally different businesses.

What's your opinion on the credit derivative desks at Lehman vs. Citigroup? Or the FIG corporate finance and M&A capabilities of Credit Suisse vs. UBS? What about the emerging markets franchise of Deutsche Bank vs. JPM?

The point is that these banks compete successfully against each other in a mind-boggling range of products all around the world, and to produce a stupid 1-10 ranking based on nothing is simply naive.

If you're still not sure what I'm talking about, a good example would be the Banker awards for 2006. Check the link out, and if you can make it through all the big words you might actually learn something about just how complicated comparing financial services firms can be.

God help anyone who sends you $30 for career assistance.

http://www.thebanker.com/news/categoryfront.php/id/571/Investment_Banki…

This reply is right on the $$$.

 

hey guys, i started the site, and i agree it has gone downhill recently.

but believe me when i say there is a lot of work going on behind the scenes to bring you guys a new upgraded site that will put this one to shame. new features (easier to moderate), etc etc etc

...apologies it has taken so long, but by the end of July, the site will have a new look and adding new functionality will be 100x easier.

Thank you for your patience.

 

this is the investment banking forum and the original poster asked for a ranking based on m&a. i am ranking the firms based on that and what a person would want on his resume. i think you are the one who is truly confused. i will not keep arguing with you. please post your ranking and let the readers decide.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.

http://jobsforwallstreeters.blogspot.com We send you quality jobs for front-office positions in investment banking, private equity, venture capital, hedge fund, sales & trading, equity research, and fixed income research.
 

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