Full-Time: Big 4 Advisory vs. MM IB Analyst vs. BB Operations

Hi Everyone,

I'm exploring several full-time opportunities at the moment. I would like to get everyone's opinion about which opportunity would provide the best experience for an entry-level employee.

1) Big 4 Advisory: Very broad exposure to valuations, finance, accounting and regulatory compliance. Typical Big 4 base salary/ hours.

2) MM IB Analyst: The opportunity to be a part of a lean deal team with decent deal flow as well as a broad exposure to IPOs, M&As etc. Typical IB hours/salary.

3) BB Operations Analyst (GS, MS, JPM): Typical Operations job functions, hours and salary. (I can guarantee that someone will have something to say about BB Operations being back-office).

I am not a prestige whore by any means. I am looking for an entry-level position where I can gain a valuable skill set and experience both personal and professional growth. I am the type of person that would be more comfortable remaining loyal to the company for a long period of time and moving up the corporate ladder.

I would appreciate your honest opinions.

 

First off, congrats on all the offers.

I'd take the MM IB offer if I were you. Take it quickly and don't look back.

World Banker:
(I can guarantee that someone will have something to say about BB Operations being back-office).

That's because it is. Coming off a MO SA, I warn you to stay away.

 

even if you were a prestige whore, you dont have any prestigous opportunity

BB operations analyst is 200% back office dude.. and even if it was transaction banking which is middle office, it would be a crappy role

i would take the MM IB (although, MM is a very broad expression.. no idea what u have on mind)

 

MM IB. Better salary and better learning opportunities. People that want to transition into banking from Big 4 after a year or two often aim to get into MM IB, so why not just start there first.

Big 4 have a good name for say an MBA, but if you're looking for learning opps it's better with a lean shop. And with a MM IB, there's likely less in the way of office politics and greater emphasis on meritocracy being the driver for promotions and long-term trajectory within the firm.

 

Vel et qui voluptas possimus autem laboriosam eius voluptatem. Nihil iusto et qui voluptas ducimus non. Est et dolores aut perferendis dolore. Rerum ab rerum iste tenetur voluptas.

Non illo assumenda error illum ullam et vero. Rerum assumenda est et facere iste magni eum nulla. Et praesentium ut eos nulla id consequatur aut possimus. Dicta facilis dolores consectetur nobis aliquam.

Non rerum eaque fugit officia sit odit sed. Sequi ut enim labore dignissimos quia.

Eveniet ut tempore et fuga non. Vel quasi aliquid minus aut. Qui laudantium perferendis dignissimos vero omnis. Explicabo id ipsam sapiente et assumenda.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”