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I know that there has been a lot of negative talk about Macquarie but having worked in Houlihan I think Macquarie is a much better place to work. Houlihan has no respect for their employees hands down and exit ops are hard to find! They make you wrk a lot and their pay is avg. Mac I heard is a fun place. Over the years they have been trying to massively expand and this year the rumor is that their bonuses are going to be record big. They have the best infrastructure group on the street but only hire from ivy leagues. A friend worked for their merchant banking group and got multiple offers from growth equity firms after the first year. Almost half the infrastructure group goes into Harvard and top PE hedge funds. The other half have stayed back and become associates and vice presidents. Their base salaries have a massive bump after the first yr which reflects a natural down tick in bonuses. I know that my friend was getting paid $115k base + $60k bonus as a second yr. He is now in the process of moving to Summit which is one of the best growth equity firms on the street

 

I know that there has been a lot of negative talk about Macquarie but having worked in Houlihan I think Macquarie is a much better place to work. Houlihan has no respect for their employees hands down and exit ops are hard to find! They make you wrk a lot and their pay is avg. Mac I heard is a fun place. Over the years they have been trying to massively expand and this year the rumor is that their bonuses are going to be record big. They have the best infrastructure group on the street but only hire from ivy leagues. A friend worked for their merchant banking group and got multiple offers from growth equity firms after the first year. Almost half the infrastructure group goes into Harvard and top PE hedge funds. The other half have stayed back and become associates and vice presidents. Their base salaries have a massive bump after the first yr which reflects a natural down tick in bonuses. I know that my friend was getting paid $115k base + $60k bonus as a second yr. He is now in the process of moving to Summit which is one of the best growth equity firms on the street

 

dontbug me brings up some valid points, but I'm going to politely disagree. The answer to your question is HL. Macquarie will have a better culture and obviously has the outstanding Infrastructure practice, but for a pure IB experience, HL is the better name. HL will take you further in buy-side recruiting or lateraling. That said, you are going to get absolutely worked at HL. If you make it through your 2 years, there's a nice MM PE job in Chicago waiting for you and that's basically a guarantee. I don't doubt that Macquarie can place as well as stated above, but it's just not much of a sure thing in my opinion. If you are city-agnostic, this should be a no brainer.

 

they asked me what challenges faces' revenue production with infrastructure financings. also wanted to know what "factors" are applicable to analyzing a toll road project. they really focused on common sense. pscyo is good stuff too!! good luck, offers are pretty good too, their looking to fill 60 FT analyst placements...so they said

 

Don't know about Houlihan Lokey; but I'm having several interviews with Macquarie, it's doing good. I had a call with one of their NY HR; if it's the first round they'll want to hear about your background, expect basic questions like why IB and stuff. Are you interviewing for the investment banking group of Mac? If yes, definitely research recent transactions (there's a lot of them) and be prepared to explain why infrastructure finance is so hot these days. They might also ask you a couple of guesstimates (know your basic formulas). Later on they'd test your DCF skills, and even further on sit you for 4h of psychometric testing. Good luck!

 

Yes, Ibanking, thanks for the info. Can anyone give some suggestions for the infrastructure part? Where can I read more about important recent transactions other then their website?

Thanks

 

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