Lazard CF/ Barcap IBD/ Citi IBD
Hi, I need some career advice. I am a MBA student graduating in 2013 and now considering summer offers from Lazard Corporate Finance Advisory, Barclays IBD and Citi IBD (all in NYC). It would be great if I could get some advice on which of these three is the best option. Generally, what I am looking for is:
1. Stability of the institution
2. Conversion rate for summer to full time
3. Prestige
4. Exit option
5. Bonus
6. Culture and people
7. Growth momentum of each institution
Thank you so much for all your helps in advance. It would be great to hear your inputs!!!





dumb question, Lazard wins
dumb question, Lazard wins this by a mile. Better pay, more stable, better firm, better exit options, comp is all cash, culture is cut throat and filled with serious winners. If you are actually considering a Citi offer over Lazard need to have your head examined.
just curious how you got
just curious how you got summer offers and don't know most of these answers.
Without doubt Laz - they get
Without doubt Laz - they get on deals because they are wanted not because they use their balance sheet
imo its pretty clear 1.
imo its pretty clear
1. Lazard
2. BarCap
3. Citi
1. lazard 2. Citi 3. BarCap
1. lazard
2. Citi
3. BarCap
Lazard.
Lazard.
Lazard, Citi, BarCap
Lazard, Citi, BarCap
BarCap > Citi Lazard = awful
BarCap > Citi
Lazard = awful work environment
econ_guru wrote: BarCap >
BarCap > Citi
Lazard = awful work environment
http://graphics.thomsonreuters.com/F/11/Deals.html
Citi has several strong groups. Seems like people only talk about BarCap's energy/natural resources group...
audemarspiguet
BarCap > Citi
Lazard = awful work environment
http://graphics.thomsonreuters.com/F/11/Deals.html
Citi has several strong groups. Seems like people only talk about BarCap's energy/natural resources group...
the culture at BarCap is so much better than what goes on at Citi...
leveRAGE.
BarCap > Citi
Lazard = awful work environment
http://graphics.thomsonreuters.com/F/11/Deals.html
Citi has several strong groups. Seems like people only talk about BarCap's energy/natural resources group...
the culture at BarCap is so much better than what goes on at Citi...
What's wrong with Citi's culture?
OP: Lazard, based on your
OP: Lazard, based on your criteria.
But prepare to get wrecked - LAZ will work you to the ground.
By Lazard CF do you mean
By Lazard CF do you mean Lazard's advisory practice (M&A and restructuring) or their capital markets group? If the former, I can see a case for taking it over Barcap or Citi but otherwise I'm not sure that taking a pure cap markets group (esp. at Lazard, which typically doesn't get on the big IPOs or debt offerings) trumps a coverage or M&A group at Barcap or Citi.
OP - please don't blindly take the offer because of the Lazard name as posters here would lead you to believe. M&A or coverage typically > capital markets for long-term benefits
wallstreetoasis0 wrote: By
By Lazard CF do you mean Lazard's advisory practice (M&A and restructuring) or their capital markets group? If the former, I can see a case for taking it over Barcap or Citi but otherwise I'm not sure that taking a pure cap markets group (esp. at Lazard, which typically doesn't get on the big IPOs or debt offerings) trumps a coverage or M&A group at Barcap or Citi.
OP - please don't blindly take the offer because of the Lazard name as posters here would lead you to believe. M&A or coverage typically > capital markets for long-term benefits
It is the capital markets group (not M&A advisory). Therefore it is relatively a very new group. I also shared a very similar concern about the type of work and exposure that I will get at Lazard corporate finance advisory group vs coverage at Citi/Barcap. Since I won't be working on M&A transaction and will most likely be working on a purely advisory/consultation role, I'm not sure about career path and exit options.
felixthecat
By Lazard CF do you mean Lazard's advisory practice (M&A and restructuring) or their capital markets group? If the former, I can see a case for taking it over Barcap or Citi but otherwise I'm not sure that taking a pure cap markets group (esp. at Lazard, which typically doesn't get on the big IPOs or debt offerings) trumps a coverage or M&A group at Barcap or Citi.
OP - please don't blindly take the offer because of the Lazard name as posters here would lead you to believe. M&A or coverage typically > capital markets for long-term benefits
It is the capital markets group (not M&A advisory). Therefore it is relatively a very new group. I also shared a very similar concern about the type of work and exposure that I will get at Lazard corporate finance advisory group vs coverage at Citi/Barcap. Since I won't be working on M&A transaction and will most likely be working on a purely advisory/consultation role, I'm not sure about career path and exit options.
I think everyone in this thread has been assuming the contrary, that LAZ M&A/Restructuring over Citi/BarCap, so people should probably reconsider their opinions.
Can't speak much to Lazard,
timatom90 wrote: felixthecat
barclays has a strong nat res
felixthecat wrote: timatom90
Well you are going to be an
Citi's changing pretty
I would also say Lazard. Why
Another factor for
felixthecat wrote: Another