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Career Resources
Depends what your goals are. If you want to get into a top HF or PE shop, NY all the way. Even if you were doing the same exact job and getting the same exact experience in both places the ATL isn't going to give you the same networking opportunities and market credibility. But if your goal is to buy a house, build some wealth and live a more sane lifestyle and you have a good opportunity in Atlanta or some other city, despite what some other people on this forum might say, thats not a bad way to go either
LA vs. NY?
New York
From a career perspective NY will always trump any other city. I think everyone can agree thats a given, it is the center of the financial universe. But when you are making so much money other factors come in to play. I don't work in LA, but wouldn't complain if I was (especially if I was in Century City). The weather, the beach, surfing all pluses of being in LA
LA experience = LA exit opps NY experience = NY exit opps
Contrary to popular belief, going from say an analyst BB stint in NY to a PE stint in LA is very difficult. The opposite (LA to NY) is true as well. It all really depends where you want to exit. This applies (though not as heavily) for B-School. If you're looking to exit to West Coast IBD, you're better off with Stanford/Haas, whereas if you're looking to exit on the East Coast, your obvious choice would be the Ivies. I'm not sure how this applies to the central cities (Chicago, ATL, Houston) but my guess is that the same idea applies.
Are there exceptions? Definitely. From the bankers I have spoken to though, this seems to be the general trend.
I totally agree. It seems like whenever I'm interviewing the interviewer wants to here your pitch for not only why this bank but also why this city. It makes the process a lot easier when you have a good story for why you want to be in NYC other then I think it would be cool or I heard SF is a fun city so I'd like to try that out for awhile
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