Hello all.

So rising senior at Cornell Uni here. Short version of story: Transferred in as junior, no prior finance experience (different major and career interests before I transferred). Got four BB interviews, no offers. One MD was kind enough to even tell me, performed well in interview, resume wasn't up to par. (junior doing his first finance gig).

At the moment, I'm reaching out to jobs I come across online outside of my career services (which doesn't really have much else.) Way I see it, I still have till June. A lot of positions are wrapping up and I know it. So doing everything I can right now. Applying to what is left, emailing Cornell alum, and started reaching out to PE/HFs offering to work for free over the summer for the experience.

A good friend of mine just chose Moelis LA over GS for a Summer Analyst position...

WWYD in this situation?

Wasn't able to find too much discussion on this. Historically LA has been the premier office, but the LA office seems to be cutting back, and at least size-wise NY is significantly larger. Does anyone have any knowledge about the relative strengths of both offices and how well they place their analysts in HFs and PE.

Hi gents,

Got a call from Moelis' HR on Friday, she said they would send over online tests (their 1st year of using them) on Friday to be done by Sunday, didn't get anything....anyone in the same boat?

While we're here, any info on Moelis' London office would be much appreciated (and rewarded)

Cheers,

So how would you guys rank these banks strictly based on opportunities to Distressed Hedge Fund/ PE firms?

I figure Blackstone and Lazard are at the top, but I have an opportunity to pursue with a couple of the firms listed below and wanted to see where it sizes up:

Evercore
Moelis
Centerview
P J Solomon
Miller Buckfire
Millstein
Greenhill
Rothschild
Guggenheim
Imperial
Chanin (D&P's Rx arm)

This is strictly for the restructuring practices of each firm listed. Again not really trying to rank which one is marginally better than the other, but perhaps a tier system? Just to see which ones have possibilities for distressed buy-side options.

LinkedIn provided very little in terms of strictly distressed buy-side opportunities, btw.

Thanks for all the help.

Has anyone who has done a first round heard back yet?

Have an SA interview coming up next week with Moelis. If anyone has had any previous experience interviewing there, any information would be greatly appreciated. Thanks

Hey all, I am trying to find out more about the analyst programs at Evercore, Lazard, Moelis, and Jefferies. I think I have a general idea, but I think I need clarification. My question has to do with what the process is for determining your group with the bank is.

As I understand it, for:

- Moelis you are a generalist for all 2 analyst years.
-Lazard you are either in restructuring or a coverage group. But when do you decide which one you go into?
- Evercore you are a generalist for a few months then you decide to go into restructuring or a coverage group.
Jefferies- no idea

So, I may be wrong on some of the above, and don't know some of the info. Could you guys fill me in?

PM me please

Wondering if anyone has any insights into whether Moelis and Lazard have filled all their FT analyst spots in NY offices yet?

Hi all,

I have an upcoming interview for a position as an associate in the financial institutions M&A group of a top boutique. I'm not currently working in finance, although I am in a related field.

Does anyone have perspective on whether the interview questions will be standard modelling and accounting questions or whether they could be focused on the unique aspects of financial institutions modelling? Not sure what to expect.

Many thanks,

A guy two years younger than me just reached out with the above offers. Before I gave my thoughts to him on a call tonight, was curious was people here though. All are for NYC obvs. Thanks guys.

Just had a first-round phone interview for their LA office. Does anybody know if they've already had their superday and are pretty much done recruiting for SA positions? Just wondering what kind of odds I'm looking at since working there would be a dream come true.

[quote]Moelis & Company, the New York-based investment bank, will establish a new office in Houston focusing on clients in the oil and gas industry, the company announced today in an e-mailed statement.

The firm is hiring for the effort and expects staff in Houston to grow to between five and 10 bankers in the near term, a spokesperson said. Over time, the office will add headcount as it expands coverage of the energy sector. The firm will hire a mix of senior and junior bankers.

Hey all,

Just finished going through the SA recruitment cycle, and having worked my ass off, I feel very fortunate to come away with two offers for the summer - one at Moelis NY, and one for ER at a top BB (think JPM/BarCap/BAML) also in NY.

I am really torn between the two offers, but I know that my long term goal is to be a portfolio manager at a HF. Right now I'm 50/50 and have my own thoughts on both offers, but would like to hear what you have to say before disclosing them. In general, lifestyle, exit ops, and the general experience are very important to me.

Hi everyone!

I'm not as familiar with dealflow at boutique banks, but I did notice a flurry of PR and excitement when Ken first left UBS. Phenomenal guy of course, and his practice landed some incredible deals in the first few months. I'm curious now that the buzz has subsided, where people feel Moelis fits into the picture. Are they a nichey restructuring shop like HLHZ, are they well rounded like LAZ, and how do they stack up in the world of boutique banks? Just trying to get market color.

Hey guys!

I need to make a quick choice in 1~2 weeks and I would like to hear your sincere advice on this. All the positions are for London.

Some thought from my side:

1. Mck:
Pros: Best brand name, wider exposure (both corporate finance and strategic consulting), more traveling (I like traveling), less weekends work, and more responsibility (I assume)
Cons: Completely new area, language/culture barrier (as I am not Brit), less pay (c. 40% lower in the first two years?), and how much value does consulting really add?

2. Moelis:
Pros: Broader exposure within banking (M&A and Restructuring), more responsibility, easy access to senior bankers, strong growing prospect, and training (1 month in NYC)

Offers from Moelis LA (2 year program) and Centerview NY (3 year program). Any insight or advice? (And yes I've already used the search function.)

offer from Houlihan Lokey in their financial restructuring group in LA
offer from Moelis NYC ibd generalist
offer from Barclays Capital in IBD in NYC (specific group determined next year in training)

Out of these 3 offers, I am implicitly casting moelis off the list because it seems that their class is so huge and the calibre of their NY office doesn't seem to come close when compared to their LA office..

How would you rank these offers? P.S. I don't have a legitimate banking internship so I don't know whether I prefer restructuring or m&a..I just want to maximize my exits to PE..thoughts?

I was lucky enough to have offers from some of the usual suspects from this list:
blackstone, evercore, lazard, moelis, greenhill, MS (not M&A, get a generalist, I don't know which division).

Can someone comment on which option would be best for me? All the small ones are for generalist/M&A advisory. All positions for NYC. I'm not looking anywhere else, i.e. like Moelis LA.

This recruiting cycle that finished a few months ago has yielded great analyst placement for Moelis after its stellar placement last year. From what I know, analysts will be going to Providence Equity, Silver Lake Partners, KKR, Warburg Pincus, and Madison Dearborn.

Some will also be going to hedge funds such as Anchorage, Watershed, and Tennenbaum.

Let me know if I am missing anything from this year.

Last year analysts went to Apollo, TPG, Silver Lake Partners, KKR, and Carlyle.

I guess UBS needs to do something to keep their talents intact, this brain drain issue is getting out of control...

http://blogs.wsj.com/deals/2010/07/06/another-ubs-...

Why do people hate on Moelis at WSO?

Does anyone know what the dress code is like at Moelis? I searched all of the forums, but couldn't find one that specifically mentioned Moelis.

Thanks.

I have an interview coming up with one of the larger pe funds out there with their capital formation group, what should I expect in terms of interview style and questions. Thanks

It seems Moelis is lacking M&A deals yet killing restructuring...what do you guys think? Will Moelis be able to fix that soon? I feel like if they don't bankers will just move around.

Hey Guys,

Just wondering what is the bonus and salary for 1st year and 2nd year analysts at the following boutique banks:

Greenhill
Moelis
Blackstone
Lazard
Evercore

Just trying to get an idea

I have a final round pre-mba associate interview for Moelis & Co in NY. I have 3 years of IBD experience. If anyone has been through the process and would care to share their thoughts it would be appreciated.