How small can a boutique be?
IB
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(King Kong, 1,191
Points)
on 5/11/12 at 2:55pm
Hey WSO,
I have two interviews lined up next week for post-grad internships: one is IBD and the other is equity research. Both shops are actually on Wall Street, however I'm wondering how small a boutique can be before the experience I would gain becomes totally irrelevant?
My fear is that after working at a no-name shop, my experience will still be worthless to MM firms and grad school programs.
Thanks for any input.







How small? A dude with
How small? A dude with rented office space above Equinox.
Boutique > nothing
Boutique -> MM -> ???
YOU JUST GOT TROLLED
http://www.troll.me/images/red-foreman322/dont-you...
A guy in his home office
A guy in his home office could be a boutique
Check the firms' track
Check the firms' track record. Visit their websites and google them. How many deals have they done? What are the dollar amount of the deals closed? What type of deals do they typically work on?
What matters most is not how big is their office/how many offices they have/how many people work there, but rather their deal flows.
Boutique firms typically specialize in a few niches, by doing your homework you can find out what their respective niches are and also the type of works you will be involved with once you start there. This way you will also have something substantial to put in your resume/applications.
I can tell you how I made each of my millions - but not where I got the very first
Take a look and see if they
Take a look and see if they have bios for key people at the firm. If the people running the place have legit experience at BBs and/or elite boutiques, that's a very good sign.
Boutique is very vague from
Boutique is very vague from what I know. It can mean hundreds or only 1 person. If the website is crappy and it doesn't show an executive team, chances are it's a smaller boutique .